POS software represents a core component of the e-commerce industry. Not only will these services offer unique ways to complete online payments, but they can also impact the image of the company itself. Let’s examine the basic features of a POS terminal before analyzing which platforms are commonly used to make online payments.
What is POS Software?
POS software offers buyers and sellers a streamlined means to perform online transactions. POS is an acronym for “point of sale” and there are numerous bundles to choose from. From a general point of view, a POS terminal is associated with a few core components.
These include a means to provide client data, a choice of different payment methods, and a summary of the transaction. Note that this type of payment processor can often be customized with elements such as a company logo.
What Features Should be Considered When Choosing POS Software?
As you may have imagined, not all POS terminals have been created equally. One of the most important qualities will therefore involve how easy the software is to implement. In other words, does it offer a user-friendly nature?
An additional concern is associated with the types of online payments that the platform supports. Customers should be provided with a considerable amount of flexibility. This will help to ensure that the purchase is completed in a timely fashion.
Security is a final metric. The best payment processors employ high levels of encryption. Therefore, client details will remain safe at all times. Robust security protocols are likewise another way to develop a transparent brand identity.
Which are the Top 5 Free POS Software in 2022?
Are there any POS software systems that have risen head and shoulders above the competition? Let us take a look at the top five platforms as well as what features make each unique.
Introduced as far back as 2009, Square is one of the more familiar payment platforms to consider. One unique benefit of Square is that it provides online merchants with a fee of 2.75% when each transaction is made. It is therefore suitable for smaller businesses that might not receive a great deal of sales volume.
Furthermore, Square boasts a customizable template that is easy to understand. This simplifies the onboarding process and it also allows a personalized end-user experience. This free bundle can be integrated with other CMS systems such as Intuit, Shopventory, and Weebly.
Similar to Square, eHopper has been designed to take the guesswork out of point-of-sale pipelines. Not only will eHopper efficiently process online payments but it can be used to create social media and email marketing campaigns. Therefore, it represents yet another facet of the overall conversion process.
eHopper can be installed within a few minutes and it works with all major third-party software platforms. Note that this also includes Android and iOS systems. All client details are protected behind a secure digital firewall, so sensitive information will never fall into the wrong hands.
Zettle by PayPal
Zettle is now the flagship POS platform of PayPal and many of its features will already appear familiar. Simply stated, this bundle may represent the ideal solution for those who enjoyed the core features of PayPal in the past.
Zettle can be downloaded for free on Google Play or at the Apple Store. Once installed, vendors will be provided with several options. These include payment processing, sales tracking, pipeline reports, and a means to monitor staff productivity.
As this system is considered to represent an entry-level package, it is ideal for small- to medium-sized businesses.
This next system is heavily centered around automation. So, it is suitable for businesses that are already experiencing a significant amount of online transactions. Not only does it offer standard payment processing solutions, but real-time inventory control will alert managers when a specific item needs to be restocked.
A fair amount of in-depth reporting tools are likewise offered. Stakeholders can analyze top-selling items, monitor outstanding transactions, and automatically calculate employee payroll. Interestingly enough, Loyverse will continue to function while offline. Once an Internet connection is reestablished, all data will be synced.
Imonggo is available for free and there is also a paid package to consider. As it is a fully web-based tool, no download will be required after the initial registration. A host of features are likewise offered at no charge.
Some of these include monitoring sales data, tracking purchase orders, managing supply chains, and automatically generating customer receipts. As the user interface is also straightforward, interpreting how a marketing campaign is performing will be dramatically simplified. Imonggo is suitable for enterprise-level firms as well as for larger companies.
Selecting the most appropriate POS software solution does not have to represent a complicated process. The five examples outlined above clearly illustrate what to look for as well as some of the latest trends. Feel free to refer back to this article for future inspiration!