Find the Right POS System
Find the Right POS System and Merchant Services for Your Business
Finding the right POS system means choosing technology that can support payment processing and the everyday needs of your business. Merchant Services POS Systems can combine payment acceptance with reporting, inventory tools, employee management, and other functionality depending on the platform.
Soltis Merchant Services helps businesses compare POS systems and merchant services based on their industry, transaction volume, number of locations, and operational requirements.
Whether you operate a restaurant, retail store, convenience store, salon, professional service, or another small business, we can help you evaluate POS and payment-processing options.
Call (440) 570-9355 or Contact Us or Get Started Today!
Merchant Services POS Systems
Merchant services POS systems connect payment acceptance with point-of-sale technology.
Depending on the platform, a POS system may provide:
• Credit and Debit Card Processing
• Contactless Payments
• Sales Reporting
• Inventory Management
• Employee Controls
• Product Management
• Customer-Facing Checkout
• Multi-Location Functionality
The right combination of features depends on how the business operates.
Merchant POS System
A merchant POS system can provide businesses with a central location for processing transactions and managing sales activity.
A small single-location business may only need straightforward checkout and reporting, while a larger operation may require inventory management, multiple registers, employee controls, and more detailed analytics.
Businesses should avoid paying for complicated functionality they don't actually need.
POS Processing
POS processing allows compatible point-of-sale technology and payment processing to work together during checkout.
Instead of treating the payment terminal as a completely separate system, integrated POS processing can create a more connected transaction environment.
Compatibility between the POS platform and processor should be confirmed before selecting a system.
Merchant POS
Merchant POS technology can vary considerably depending on the business and industry.
Retail stores may prioritize inventory and barcode functionality. Restaurants may require menu management and tipping. Service businesses may need straightforward payments and reporting.
There isn't one POS system that's automatically right for every merchant.
POS Merchant Services
POS merchant services combine the technology used during checkout with the merchant-services infrastructure required to process electronic payments.
Businesses comparing providers should evaluate:
• Processing Rates
• Transaction Charges
• Monthly Fees
• POS Software Costs
• Equipment Costs
• Funding
• Reporting
• Customer Support
Looking at the complete arrangement can provide a more accurate cost comparison.
POS System Merchant Services
POS system merchant services should support both payment acceptance and the operational requirements of the business.
The POS itself can be important, but businesses should also understand the processing agreement connected to it.
A system with attractive software pricing may still have processing costs or other expenses that should be evaluated before making a decision.
Merchant Solutions POS
Merchant solutions POS options can range from simple smart terminals to more complete business-management systems.
The appropriate solution depends on factors such as:
• Business Type
• Monthly Processing Volume
• Average Transaction Size
• Number of Registers
• Number of Locations
• Inventory Requirements
• Reporting Requirements
• Mobile Payment Needs
Understanding these requirements first makes it easier to narrow down POS choices.
Processing POS Payments In Person
Businesses accepting payments in person may use countertop terminals, smart terminals, customer-facing devices, handheld equipment, or complete POS systems.
Compatible technology can support EMV chip cards, contactless cards, and digital wallets.
Businesses should consider checkout speed and equipment reliability alongside processing costs.
POS Systems for Retail Businesses
Retail POS systems may need to support significantly more than basic payment acceptance.
Depending on the business, useful functionality may include:
• Inventory Tracking
• Barcode Scanning
• Product Management
• Sales Reporting
• Employee Controls
• Multiple Registers
• Integrated Payments
Retailers should choose technology based on the size and complexity of their operation.
POS Systems for Restaurants
Restaurants have specialized POS requirements because ordering and payment processing are often closely connected.
Depending on the restaurant, a POS environment may need to support menu management, tipping, multiple registers, handheld devices, online ordering, and reporting.
Processing and POS costs should be evaluated together.
POS Systems for Service Businesses
Service businesses may have simpler POS requirements than restaurants or high-SKU retailers.
A smart terminal or streamlined POS system may provide enough functionality for businesses primarily concerned with accepting payments, generating receipts, and accessing transaction reporting.
Mobile businesses may also benefit from portable payment equipment.
POS Systems for Multi-Location Businesses
Businesses operating several locations should consider whether a prospective POS system can scale as the company grows.
Depending on the platform, multi-location functionality may provide centralized reporting and location-level visibility.
Businesses planning expansion should consider future requirements before committing to a system.
Cloud-Based POS Systems
Cloud-based POS technology can allow eligible business information to be accessed through an internet-connected platform.
Depending on the system, owners may be able to review transactions, reports, inventory information, or other operational data without being physically present at the business.
Available functionality varies by POS provider.
Mobile POS Processing
Mobile POS processing can be useful for businesses accepting payments away from a traditional checkout counter.
Contractors, mobile service businesses, vendors, events, and other businesses may benefit from portable payment technology.
Businesses should evaluate connectivity, hardware, processing costs, and reporting when selecting a mobile solution.
Contactless POS Payments
Modern POS equipment may support contactless cards and compatible digital wallets.
This gives customers additional ways to complete eligible transactions while maintaining support for traditional EMV chip payments.
Businesses replacing older equipment should consider contactless functionality when comparing systems.
POS System Payment Processing Costs
POS expenses can include more than credit card processing rates.
Potential costs include:
• Processing Rates
• Per-Transaction Charges
• Monthly Processing Fees
• POS Software
• Hardware
• Additional Registers
• Optional Features
• Other Applicable Expenses
Businesses should compare the complete expected monthly cost rather than focusing on one advertised number.
POS Systems and Cash Discount Programs
Eligible businesses looking to reduce credit card processing expenses may consider cash discount or dual-pricing options.
Compatible POS and payment equipment can help properly implement the selected pricing program.
Businesses should make sure any program is configured appropriately and follows applicable requirements.
POS Reporting
Reporting can be one of the most valuable features of a POS system.
Depending on the platform, reporting may provide visibility into:
• Daily Sales
• Transaction Activity
• Products
• Employees
• Locations
• Payment Types
The level of reporting needed depends on how much operational information the business wants from its POS.
How to Compare Merchant Services POS Systems
When comparing Merchant Services POS Systems, businesses should evaluate payment processing and POS functionality together.
Ask questions such as:
• What will processing cost?
• What does the software cost?
• Is equipment included or purchased separately?
• What payment methods are supported?
• Does it have the features my business needs?
• Can it support additional locations?
• What customer support is available?
This makes it easier to compare complete solutions instead of individual features.
Choosing the Right Merchant POS System
The right merchant POS system should fit the business rather than forcing the business to change its workflow around unnecessary technology.
Soltis Merchant Services helps businesses evaluate their payment requirements, operational needs, processing volume, and budget before selecting a system.
The objective is to find technology that provides useful functionality without unnecessary complexity.
Find the Right POS System
Soltis Merchant Services helps businesses Find the Right POS System based on their industry, payment requirements, and operational needs.
Whether you're researching merchant services POS systems, merchant POS systems, POS processing, merchant solutions POS technology, or integrated payment options, we can help you compare available solutions.
Call (440) 570-9355 or Contact Us or Get Started Today!
