How Much Does POS Software Cost? Comparison of Pricing Plans from Leading POS Solutions

How Much Does POS Software Cost? Comparison of Pricing Plans from Leading POS Solutions

 

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How much does POS software cost? Gone are the days when traditional point of sale (POS) systems cost an arm and leg. The emergence of today’s cloud-based solutions makes them more affordable and cost-efficient. That said, each POS software is priced differently with a variety of pricing models, inclusions, and packages.



Based on the leading POS systems, what is the price range of POS software solutions?

POS software is a crucial component in running a business today, especially in the retail and restaurant industry. Beyond processing sales transactions, today’s POS solutions offer a complete, end-to-end solution in handling your business operations. This is why it comes as no surprise that the POS terminal market size is predicted to rake in at least USD 98.27 Billion by 2022 according to Zion Market Research.

If you want to know more about this product, you may read this in-depth article on what is POS software. or check out some of our hospitality EPOS systems  . You’ll learn tons of stuff with our comprehensive look at the system’s key features, benefits, pricing, and leading products.

POS Priorities of 2018 (Source: Windstream Enterprise)

When choosing a POS solution, its functionality and ability to address business priorities are the top factors that buyers consider. As per Windstream Enterprise’s 2018 POS Engagement Survey, respondents say that businesses are now looking for POS system that can provide omnichannel integration (56%), better payment security (41%), and a more unified commerce platform (36%).

If you are on the hunt for a point of sale solution to implement, one of the first aspects you want to know is the cost of this investment. With this in mind, we’ll answer your question: how much does POS software cost?

POS Software Pricing Models

A POS system has two major components: software and hardware. In most cases, your hardware will depend on your software to ensure compatibility with each other. Some vendors sell software with hardware kits sold separately or in bundles. Meanwhile, other vendors offer software that’s compatible with a wide array of hardware equipment which means you can use your existing hardware or purchase your preferred choice.

To get an idea, here are the basics of the POS software pricing models:


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