5+ Different Types of Point of Sale (POS) Systems
Written by Ryan Christman, POS Channel Sales Manager
The point of sale you choose for your business should fit your needs, but deciphering the differences between various kinds of POS systems can be difficult. This article explains each type of POS option, clarifies where you might see overlaps, and offers tips on selecting the right type for your business.
Intro to Point of Sale Systems
Point of Sale (POS) refers to the system merchants use to process customer transactions. Typically, a POS includes hardware and software components, many of which go beyond simple payment processing to offer added benefits like inventory management and real-time sales tracking.
Categorizing Types of POS Systems
POS systems can vary in several ways, including:
- Hardware type and interface
- Deployment method (on-premise or cloud)
- Industry focus
- Mobility
- Compatibility with other technologies
- Customization options
Legacy/Traditional POS
Legacy POS systems are older, hardware-based models such as terminals or cash registers. These systems typically store data locally and offer limited customization and integration options. Although less popular, some businesses continue to use them for their familiarity.
Desktop and Terminals
Modern desktop and terminal POS systems are meant to remain at a fixed location. They can be local, cloud-based, or hybrid solutions. These systems usually feature user-friendly interfaces, robust integration capabilities, and industry-specific customization options.
Mobile and Tablets
Mobile POS solutions run on third-party smartphones and tablets, using cloud-based systems for mobility. They are suitable for businesses like food trucks and vendors at festivals. They also offer many customization and integration benefits similar to fixed POS systems.
Other Types
- Multichannel and omnichannel systems
- Open-source POS systems
- Touchscreen POS systems
- All-in-one POS
- Self-service kiosks
- Virtual POS
- Integrated or cross-platform POS systems
- Mobile wallet POS systems
- Restaurant POS systems
Tips for Choosing the Right POS System
- Consider where you need to make transactions
- Enable diverse payment options
- Take your existing solutions into account
- Prioritize features that support your needs
- Explore your options
Ultimately, you need to pick the point of sale option that fits your business. Start researching your next POS today—explore Exatouch’s comprehensive features.
