QuickBooks won’t include a POS system (a system that helps you take in-person payments). If you are looking for an all-in-one solution, you need to look for companies that offer POS systems and payment processing as packages.
If you are running a physical store, considering online payment service providers like Authorize.Net or Shopify Payments could be the best option for your business.
Payment processing companies that offer POS systems will provide an all-in-one experience and you will be able to take advantage of a better deal. This is due to economies of scale – getting all services from one place will save you both time and money.
Square POS system, for example, is one of the best companies on the market that offers all-in-one services.
Square POS system come at different sizes, shapes, and prices. The payment processing fees you will access through Square will depend on which Point of Sale system you use.
Usually, for every Square system, the transactions will be priced in this order
- 75% of the transaction value for every chip, magstripe or contactless payment transaction
- 5% of transaction value + $0.15/keyed-in payments.
Clover POS system is another great option for simplifying your business’s transactions. Clover is also an all-in-one solution, however, unlike Square, Clover offers more integrated POS systems.
The POS systems are functional on their own whereas many of Square’s systems require smart devices.
Also, most of Clover’s Point of Sale systems come with a receipt printer included. This is a huge advantage for brick-and-mortar businesses.