Whether you’re a retail store or a restaurant, contactless POS systems have grown popular due to their ability to accept mobile payments and increase data processing speeds. With the increasing number of smartphone users in today’s society, contactless POS systems create a convenient way for customers to pay without having to use cash or swipe their credit cards.
This is particularly useful in times of a pandemic where minimal contact is key in reducing infection spread among customers. That being said, let’s analyze the top 5 contactless POS systems.
5 Contactless POS Systems to Consider
1. Clover Mini
Clover Mini is a small, all-in-one receipt printer and credit card reader. It connects wirelessly to your smartphone or tablet and lets you accept credit card payments anywhere–you can swipe or tap a card. There’s no need to install any software or connect it with a computer, so it’s very easy to use for businesses of all sizes.
2. WePay
The WePay mobile point-of-sale system allows merchants to accept mobile payments from their customers using the WePay app on their smartphones or tablets. Merchants can integrate WePay with their existing payment processing account, so there’s no need for separate hardware or software.
3. Lightspeed
Lightspeed is one of the most popular POS systems in North America. It is loaded with features such as e-receipts, email-based marketing services, item customization and much more.
Lightspeed is a good option for restaurants that want to start using contactless POS systems. It costs $1,495 for the base package, which includes all hardware you need to get started and unlimited sales processing up to $10,000 per month.
4. Stripe
The Stripe system is another mobile POS option geared toward businesses using smartphones or tablets as point of sale devices. Stripe charges merchants $0.30 + 2.9% per transaction and requires no monthly fees or contracts.
5. Square
Square is a mobile payment processor that allows merchants to accept credit cards via their mobile device or tablet.
You can use it for free, but they charge 2.75% per swipe plus 15 cents per transaction. There are no monthly fees to use the service.
The nice thing about Square is that you can use it right away at any business with a compatible card terminal and you don’t need a contract or any applications.
Final Words
Several studies show customers increasingly adopting contactless payment options over other avenues. As a result, adding a contactless POS for your audience may open new business opportunities.
Author bio:- Payment industry guru Taylor Cole is a passionate payments expert who understands the best payment providers for small and large businesses. He also writes non-fiction, on subjects ranging from personal finance to stocks to cryptopay. He enjoys eating pie with ice-cream on his backyard porch, as should all right-thinking people.
