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Point of Sale Systems

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Loyverse vs Square

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Pros
  • Scalability
  • Remote management
  • Multiple payment providers
  • Offline mode
Pros
  • No fees outside of transaction fees
  • Transparent prices
Cons
  • No built-in payment processing
  • Windows and MacOS incompatibility
  • Separate add-ons
Cons
  • Incompatible with Windows systems
  • Random account deactivation
  • Prolonged fund withholding
  • Limited protection against scams
Summary

Loyverse provides point-of-sale systems for different businesses, focusing on restaurants, cafes, bars, convenience stores, retail, clothing, and accessories. They are located in Limassol, Cyprus, and have been operating since 2014. Over the years, the POS has undergone several upgrades to make it more adaptable and scalable. Services include inventory management, employee management, sales analytics, tax per item, credit card payments, and loyalty program systems. The KDS (Kitchen Display) feature makes this POS suitable for restaurants, cafes, and bars. It streamlines the order process from the dining room to the kitchen. Their free version has all the essential features every business needs, from stock to sales management. Many user reviews show that many businesses started with the free version, especially startups and small businesses. Loyverse helps keep operating costs low while offering tools to manage business operations quickly and accurately. Their scalability features are in the add-ons and subscription plans. Businesses that want to upgrade can complete the transaction online. Each add-on has a 14-day free trial period; you don’t need your card details to access this service.

Summary

Square POS, founded in 2009 and headquartered in San Francisco, is a transformative point-of-sale system provider delivering streamlined transactions for retail, restaurants, and service-oriented businesses. Renowned for their commitment to user empowerment, Square provides a versatile range of services that go beyond transactional tools. The company places a strong emphasis on customer experience, offering a user-friendly interface and features like a 30-day free trial for the Plus plan, allowing businesses to explore advanced offerings risk-free. Their industry-leading security measures include card swipe encryption, secure software development practices, and 24/7 server monitoring. This ensures a secure environment for businesses and their customers. Square's services extend to advanced inventory management, seamless eCommerce integration, and payroll processing. The company stands out for their transparent pricing structure, clear of hidden charges or contracts. Their adaptability is showcased through third-party hardware integration, enabling businesses to tailor their POS setup according to unique operational needs. 
 

Quick Stats
  • Trustpilot Score : 4.9 out of 5
  • Customer Experience : Good
  • Transparent Pricing : True
  • Pricing Model : Free version with subscription-based add-ons.
  • BBB Rating : N/R
Quick Stats
  • Trustpilot Score : 4.1
  • Customer Experience : Fair
  • Transparent Pricing : True
  • Pricing Model : Paid plans and transaction fees
  • BBB Rating : A+
  • Money-Back Guarantee : True
Selling Points
  • Inventory management
  • Real-time sales analytics
  • Customer Loyalty Program
  • Customizable software
Selling Points
  • 30-day free trial for the plus plan
  • Robust Integration with third-party hardware
System Features
  • Undisclosed
    Automated Payroll
  • Undisclosed
    Automated Tax Filing
  • Billing & Invoicing
  • Cloud-Based Services
  • Customizable Hardware
  • Electronic Receipts
  • Free Hardware
  • Undisclosed
    HR Add Ons
  • Inventory Management
  • Inventory Tracking
  • Loyalty Program
  • Mobile App
  • Mobile Card Reader
  • Real-Time Reports
  • Third-Party Software Integration
  • Undisclosed
    Time Tracking
  • Virtual Terminal
System Features
  • Undisclosed
    Automated Payroll
  • Undisclosed
    Automated Tax Filing
  • Billing & Invoicing
  • Cloud-Based Services
  • Undisclosed
    Customizable Hardware
  • Electronic Receipts
  • Free Hardware
  • Undisclosed
    HR Add Ons
  • Undisclosed
    Inventory Management
  • Undisclosed
    Inventory Tracking
  • Undisclosed
    Loyalty Program
  • Mobile App
  • Mobile Card Reader
  • Real-Time Reports
  • Third-Party Software Integration
  • Undisclosed
    Time Tracking
  • Virtual Terminal
Data Security
  • EMV Compliant
  • NFC
  • Payment Fraud Protection
  • PCI Compliance
Data Security
  • EMV Compliant
  • NFC
  • Payment Fraud Protection
  • PCI Compliance
Third-Party Integrations
  • Accounting Software
  • Processing Services
  • Productivity Software
Third-Party Integrations
  • Accounting Software
  • Processing Services
  • Productivity Software
Hardware
  • Barcode Scanner
  • Credit Card Reader
  • Customer-Facing Display
  • Display Screen
  • POS Terminal
  • Receipt Printer
  • Self-Service Kiosk
Hardware
  • Undisclosed
    Barcode Scanner
  • Credit Card Reader
  • Undisclosed
    Customer-Facing Display
  • Undisclosed
    Display Screen
  • POS Terminal
  • Undisclosed
    Receipt Printer
  • Undisclosed
    Self-Service Kiosk
Hardware & Software Compatability
  • Android
  • Cloud-Based
  • iOS
  • macOS
  • On-Site Installation
  • Windows
Hardware & Software Compatability
  • Android
  • Cloud-Based
  • Undisclosed
    iOS
  • macOS
  • On-Site Installation
  • Windows
Pricing Options
  • Annual Subscription
  • Free Trial
  • Freemium
  • Monthly Subscription
  • One-Time License
Pricing Options
  • Annual Subscription
  • Free Trial
  • Freemium
  • Monthly Subscription
  • One-Time License
Training
  • Documentation
  • In-Person
  • Live Online
  • Videos
  • Undisclosed
    Webinars
Training
  • Undisclosed
    Documentation
  • Undisclosed
    In-Person
  • Undisclosed
    Live Online
  • Undisclosed
    Videos
  • Undisclosed
    Webinars
Supported Payment Options
  • ACH Processing
  • Undisclosed
    Cash Transactions
  • Undisclosed
    Check
  • Credit Card Terminals
  • Electronic Signature
  • Gift Cards
  • In-Person Payments
  • Mobile Payments
  • Online Payment Processing
Supported Payment Options
  • ACH Processing
  • Cash Transactions
  • Undisclosed
    Check
  • Credit Card Terminals
  • Electronic Signature
  • Gift Cards
  • In-Person Payments
  • Mobile Payments
  • Online Payment Processing
Customer Support
  • Undisclosed
    Demos
  • Email
  • FAQs/Forum
  • Help Guides
  • Live Chat
  • Mobile App
  • Phone
  • Social Media
Customer Support
  • Demos
  • Email
  • FAQs/Forum
  • Help Guides
  • Undisclosed
    Live Chat
  • Mobile App
  • Phone
  • Social Media

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