Wednesday, January 16, 2019

How Much Does a New Mobile PoS System Cost?


New Mobile PoS System

If you are wondering how much does a new mobile PoS system cost? Then you are in the right place. Nowadays, you can find the affordable PoS system more than ever. Different type of devices made it possible to Integrate Pos Systems For Your SmallBusinesses or if you are bootstrapping.

Let’s cut to the chase and put a light on the different kind of PoS systems and how much does it cost.

Mobile Payment Processors:

It provides you with the card readers that can be attached to the mobile or iPad and  Android tablet to swipe the cards. You will be charged around 1.75% to 2.75% commision per swipe. Some systems provide you with a monthly subscription model. Some of the systems include limited inventory and customer management tools. Receipt printers are available or you can also send an email to the customers.

Tablet PoS:

These kinds of PoS systems are becoming increasingly popular due to the availability of its hardware.  Those merchants who own a tablet, they just have to purchase a PoS system from the software provider. They will have to pay them on a subscription on a monthly basis.  Or involved party can mutually understand for the commission based system.

Online Point-of-Sale:

As the name suggests you don’t have to purchase any software for these PoS systems. Instead, you can connect to the online PoS system and access anytime when you require it with the internet connection. You can log into your account from any browser and your data is backed up in the cloud.

All in one PoS system:

These PoS systems are mostly touch screen terminals with connected PoS systems, cash registers, receipt printers, and a barcode scanner. You can acquire this PoS system in the cost of shipping and a monthly service fee.

Full-service PoS service:

The last and customizable option allows you to choose exactly what you want.  You can choose Hardware, software, and payment processing service to create your personalized solution. The starting cost for the terminal can start as low as $1500 and go high as $5000, depending on your requirement.

To recapitulate if you are a startup or established business it’s up to you which kind of PoS is best suited for your business. You can start from the lowest if don’t want to take any risk and then you can go upward.