As a shop owner with multiple locations, my day begins early, ensuring everythingis set for a smooth operation….I wanted to talk about Shopify Point Of Sale Pro Vs Payment Depot and how i answer this …
An essential part of our daily routine, simplifying processes and offering insights that assist us make notified choices.
and help you work out which variation of’s point of sale system is right for you. Let’s dive in. OK, so there are 2 main factors to utilize Lite. One– it lets you offer at point of sale quickly, and cheaply. The essential thing to understand about Lite is that it is bundled with every Shopify strategy– there are no additional charges for utilizing it. This suggests that you can offer with Lite for as low as $5 each month. It’s likewise extremely quick to set up. By contrast, is an add-on that costs $89 per
month, per place– suggesting that if you wish to sell in more than one locationthan place at once, things can get pricey pretty rapidly. 2– it’s actually easy to use. If all you desire to do is accept simple payments in one location, Shopify POS Lite lets you do that actually easily– all you’ll need truly is your phone and a card reader. By contrast, which is geared more towards retail outlets and multi-location selling,
might be overkill for merchants with fundamental POS needsneed. It will normally include more setup and more hardware. However eventually, you may discover yourself growing out of Lite rather quickly– particularly if you prepare to sell in more than one area simultaneously. And that’s where the “strategy comes in. I’ll talk about the contexts in which can be the best fit for merchants in just a moment, however before I do,
What is the difference between Shopify and Square POS?
In the morning, I log into to examine stock levels across all locations. With its centralized dashboard, I can rapidly see which products are running low and need restocking. This conserves me important time that I can assign to other aspects of handling business.
Shopify is a family name in the e-commerce market, delighting in extensive acknowledgment as the leading software application vendor globally. Founded in 2006 by business owner Tobias Lütke, the business was born out of an individual struggle to produce an online store for snowboarding equipment. Figured out to streamline the procedure, Lütke moved his focus from constructing an online shop to supplying superior tools for retailers seeking to develop their own e-commerce platforms.
‘s e-commerce software application has actually enjoyed paralleled development and gathered millions of customers around the world. By 2016, the business had almost $400 million in yearly earnings, which figure exploded to $4.6 billion by 2021 after the Covid pandemic spurred an online retail boom.
forayed into point-of-sale systems in 2017 by releasing a Bluetooth-enabled debit and credit card reader for brick-and-mortar stores. Ever since, it has built more items and turned them into a major source of profits. The company is based in Ottawa, Canada.
Throughout the day, helps me manage transactions efficiently. Its instinctive user interface enables my personnel to procedure orders swiftly, whether it’s at the checkout counter or on the shop flooring using mobile gadgets. The integrated payment processing makes sure seamless transactions, keeping our clients delighted.
Among the standout functions of is its robust analytics tools. I routinely evaluate sales reports and client insights to identify patterns and customize our marketing efforts appropriately. The capability to produce custom-made reports offers me a deeper understanding of our organization efficiency, enabling me to make data-driven choices.
Comparing to Square POS, the switch was driven by a number of elements. While Square used standard performance, provided a more detailed service tailored to the needs of multi-location companies like ours. The ability to manage stock centrally, together with sophisticated analytics and reporting capabilities, were key selling points.
In addition,’s ecosystem offered seamless integration with our online shop, allowing us to handle stock and sales throughout all channels from one platform. This omnichannel method has helped us provide a merged shopping experience to our clients, whether they’re shopping in-store or online.
In general, the transition to has played an essential function in improving our activities, increasing productivity, and promoting expansion at our various sites.
Pros:
Advanced stock management: Centralized inventory tracking throughout multiple places, making it easy to handle stock levels and restocking.
Robust analytics: Supplies extensive sales reports and consumer insights to help make informed business choices.
Smooth integration: Integrates efficiently with’s ecommerce platform, enabling a merged online and offline retail experience.
Customizable: Deals flexibility to develop custom-made reports and tailor the system to specific business needs.
Cons: Not suitable for small companies or single-location operations, lacks functions that deal with limited scale or scope.
Rates: includes a regular monthly membership charge, which may be more expensive than some other point-of-sale (POS) systems.
Ease of usage: While created to be easy to use, mastering all the functions of may take a while for new users.
Compatibility: POS Pro may not be completely compatible with all third-party hardware, needing particular equipment purchases.
e-commerce plans:
$ 29 for Basic when billed yearly (or $39 when paid monthly).
$ 79 for regular when billed each year (or $105 when paid monthly).
$ 299 for Advanced when billed every year (or $399 when paid monthly).
Custom-made pricing for Shopify Plus.
All e-commerce plans featured POS Lite for selling in-person. Upgrading to Pro for brick-and-mortar companies costs an extra $89 per place.
‘s alternative options for mainly selling in-person:
$ 5 for Beginner strategy, which consists of one Lite area.
$ 79 (when billed annually) for Retail strategy, or $89 when paid monthly; includes one Pro location.
How Much Does a POS System Cost?
Hardware expense
$ 49 for Tap & Chip card reader.
$ 219 for Tap & Chip countertop set (iPad not included).
$ 299 for Go mobile phone.
$ 349 for terminal.
$ 459 and up for terminal countertop packages.
Agreement length
No agreement needed. Strategies are paid month to month unless you register for a yearly, two-year or three-year plan.
Pros:
Free fundamental version: Square provides a totally free version of its system, making it accessible for small companies with restricted budget plans.
Easy setup: Square is known for its easy setup procedure, allowing organizations to start processing transactions quickly.
All-in-one option: Square uses extra services like payment processing, consultation scheduling, and payroll, all incorporated into one platform.
Compatibility: Functions with a broad variety of third-party hardware, supplying more versatility in selecting devices.
Consumer support: Square offers responsive consumer support through phone, e-mail, and chat, assisting organizations repair problems efficiently.
Cons:
Minimal inventory management: While appropriate for standard requirements, Square’s inventory management features might not suffice for companies with complicated requirements.
Standard analytics: Square’s reporting capabilities are not as comprehensive as’s, lacking some advanced analytics functions.
Less scalable: Square may not be as appropriate for organizations with numerous locations or those planning significant growth, as it does not have some features needed for intricate operations.
The Pro variation offers higher flexibility in terms of offering places, as there is no limitation to the number of places you can include, unlike the Lite version. However, each extra location added to a subscription will sustain an additional monthly charge of $89. While this might appear like a drawback, it is necessary to note that this fee represents just a little portion of the total costs of an effective retail operation. The “per place, each month” prices method permits higher customization and versatility, making the Pro prepare a scalable option for services of all sizes. Furthermore, the Pro strategy uses enhanced control over personnel usage, allowing you to reward staff members for their performance and efficiency.
provide different gain access to rights to your system, or assign different roles to them, then is a far better option than the ‘Lite’ variation. It provides you a really wide variety of tools for handling your team’s relationship with your system. Three– it gives you a lot more customer-focused features. Lite lets you accept payments from your customers inexpensively and just, but that has to do with it. By contrast, lets you do much more for your clients. Unlike the ‘Lite’ variation, it.
lets you help with exchanges; offer custom invoices; apply discounts; and use local pick up options. So, to summarize, Lite appropriates for merchants who want a simple and inexpensive way to sell personally in one location. Pro is better for merchants who need to offer in numerous areas, want more control over how staff use and would like to offer their customers more purchase and shipment options.
The Go is an all-in-one terminal that includes a card reader and barcode scanner. You can utilize the scanner to immediately discover the rate of a product and the card reader to receive the cash from the client. This device accepts tap, chip, and swipe payments. It has a 5.5-inch high-definition display and a long battery life to ensure you can use it for an entire service day after a complete charge.
The smaller sized card reader lets you accept tap and chip payments from clients however not swipe. It connects wirelessly to a tablet or via Bluetooth to a cellphone. It is compact and easy to deal with, implying it appropriates for businesses that run on the go, e.g., farmer’s markets.
Shopify Payments
offers a payments processing option that lets you charge cash to all major debit and credit cards. Your clients can place their cards, tap them, or swipe them depending upon the type of hardware you selected. There’s also Tap to Pay, which lets you accept payments on your iPhone without any additional hardware. The rates is transparent– between 2.4% and 2.7% on each effective transaction– with no covert charges or setup fees.
Inventory Management
One of the significant pain points that merchants deal with is managing their inventory; knowing which products are readily available at an offered time and the prices for each of them. The advantage is that offers features to help.
You can analyze each product and designate products to various places and channels utilizing’s software. You can also perform accurate inventory counts with your barcode scanner after getting products. You can set the system to signal you if an item is lacking stock or to supply sale product ideas. Similarly, you can get comprehensive reports to track your sales; what items are selling much faster, what items aren’t selling, which items must be restocked, and so on synchronizes one of the market’s finest point-of-sale systems with the e-commerce platform. With the app, you can offer your services or products in person and online. Take orders from clients,
When you have a strategy, you can download the app– readily available for iOS and Android devices. Utilizing the app, you’ll be able to log in and start tailoring your system. If you’re offering personally, you can either utilize Tap to Pay on iPhone or purchase hardware, and you’ll be all set to start taking client orders.
is best for services that:
Wish to leverage’s e-commerce functions. While does offer two easy strategies for organization’s that mostly sell personally or on social media, the bulk of its offerings are for omnichannel sellers who wish to build a custom online shop utilizing.
Offer online and personally. is enhanced for selling across online stores, social media channels and brick-and-mortar shops. The impressive lineup of functions is perfect for omnichannel merchants.
Prefer to use a single company for and payment processing. Payments is consisted of with all regular monthly strategies to process online transactions along with in-person payments. You can utilize a third-party supplier, such as Amazon Pay, Authorize.net or Braintree, to process payments. Your rates will likely differ from what Shopify Payments charges if you work with a third-party processor, nevertheless, and Shopify will charge you an additional transaction charge for not utilizing its in-house item.
Deciding aspects
Clover provides options for e-commerce companies and in-person stores to let companies pick the combination they need. functions differ by month-to-month strategy. More expensive regular monthly plans consist of advanced inventory and reporting abilities.