Square POS is ideal for small to medium sized businesses that are looking for a cost effective POS solution with advanced features and no contracts or monthly fees. Toast on the other hand is a fully fledged restaurant management system, offering a POS system with all the features any food establishment would need. Both Square and Toast offer an advanced Point of Sales system with Square covering both the retail and food industry and Toast specifically covering the restaurant trade. Toast offers mobile tablets that are programmed to integrate with the kitchen display system for the correct and timely execution of orders. They also offer advanced restaurant inventory software and analytical sales reports that cover every aspect of a restaurant business. When it comes to price, Square offers a free Magstripe reader and charges only a standard 2.75% from every swiped transaction and 3.5% plus 15 cents from every keyed in payment. The other standard charge is 1% which is deducted from each deposit. Toast on the other hand, has 3 pricing plans, the Express at $79 per month and the Professional which costs $99 per month. For larger enterprises you would need to apply for a quote. It is obvious why Toast is more suitable for larger food related businesses that need advanced features. Square on the other hand is ideal for the smaller retail or restaurant business that needs a cost effective POS solution.
Square POS reviews show the consistency and popularity of this mPOS system. Used by restaurants, fast food outlets and retail stores, Square register POS solutions have been available since 2009 when they launched one of the first mobile processing systems with inbuilt swipe technology. If you’re looking for a no-frills Square POS system then pricing is transparent: a standard 2.75% for every swipe, 3.5% plus 15 cents for every manual transaction and a 1% charge for each deposit. You’ll receive the hardware Square register POS free when you sign up. Additional features and services come with some basic charges, but this is considered one of the lowest priced full feature mobile POS systems available. The Comparisun Square POS reviews are gathered from different sources and provide a full review of both hardware and software capabilities offered by Square for the small business owner.
Most Toast POS reviews mention that this is a tablet and cloud-based management solution, but few give you a detailed and accurate review based on features and services that are valued by small business owners. As a restaurant point of sale, Toast performs admirably, but it is in the back-office integrations that this award-winning cloud-based POS system really scores highly. Toast is above all, flexible and able to scale with your business. Pricing on Toast plans is relatively simple but do pay attention to the details of each plan before you sign up. It’s also important to note that you will not be able to choose your own credit card processing solution: Toast uses a proprietary card processing system. The Toast restaurant POS system provides exceptional reporting analytics, stock and employee management software to help manage the entire restaurant. Many independent Toast POS reviews note that the menu software is outstanding and a significant advantage when running a restaurant.
Square Pricing structure will automatically deduct a standard 2.75% from every swiped transaction and 3.5% plus 15 cents from every keyed in payment. The other standard charge is 1% which is deducted from each deposit. You will receive a Magstrip reader free and if you do not need any extras this is the amount you can expect to pay. The Point of Sale app and the Analytics and sales reporting are also included. Extra charges will come into effect when you want to upgrade your chip reader which will be $29 and for a contactless chip reader $49. There are a number of extras that you can purchase online from Square which include gift cards, Square Appointments app, Employee management and payroll, Email marketing and much more.
Toast has 3 pricing plans:
All plans include remote install, 10” real-time sales and menu reports, offline mode, manager log book, support and unlimited updates.
If you upgrade to the professional package then you can get a larger express terminal, Kitchen Display system with analytics, food and liquor reporting and revenue driving modules.
Express terminal which will cost $610 – $899 each and Mobile tablets are around $450 each