5 Best Inventory POS Systems of January 2026
Details like product variants and ingredient tracking can have significant impact when determining which inventory point-of-sale system is best for your business.
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| Product | Best for | NerdWallet rating | Payment processing fees | Monthly fee | Learn more |
|---|---|---|---|---|---|
 Square POS | Overall option | In-person: 2.6% + $0.15 Online: 3.3% + $0.30 | $0 and up. | on Square's website | |
 Shopify Retail POS | Shopify e-commerce users | In-person: 2.6% + $0.10 Online: 2.9% + $0.30 | $39 and up for e-commerce plans with POS Lite; Can upgrade to POS Pro for an extra $89. | on Shopify's website | |
 Lightspeed Retail POS | Retailers | In-person: 2.6% + $0.10 Online: 2.9% + $0.30 | $109 for Basic plan, $179 for Core plan, $339 for Plus plan. | on Lightspeed's website | |
 Revel Systems | Well-established restaurants | N/A Quote-based. | N/A Quote-based. | ||
 Hike POS | Customizable POS system | N/A | $69 $69 Essential plan; $119 Plus. Custom plan available. |
Best overall POS system
Square POS
Best for Overall option
Payment processing fees
In-person: 2.6% + $0.15
Online: 3.3% + $0.30
Online: 3.3% + $0.30
Monthly fee
$0
and up.
on Square's website
Pros
- Free plan option available.
- Offers helpful related services, like payroll, that integrate closely with its POS system.
- No long-term contracts or termination fees.
- All plans include a free online store.
Cons
- Free plan processing rates are more expensive than competitors.
- Complex industries might prefer a more specialized system.
Shopify Retail POS
Best for Shopify e-commerce users
Payment processing fees
In-person: 2.6% + $0.10
Online: 2.9% + $0.30
Online: 2.9% + $0.30
Monthly fee
$39
and up for e-commerce plans with POS Lite; Can upgrade to POS Pro for an extra $89.
on Shopify's website
Pros
- No long-term contracts or termination fees.
- All plans include an online store.
- Built specifically for online sellers.
- 24/7 chat support.
Cons
- No free plan options.
- Cannot process cards in offline mode.
Lightspeed Retail POS
Best for Retailers
Payment processing fees
In-person: 2.6% + $0.10
Online: 2.9% + $0.30
Online: 2.9% + $0.30
Monthly fee
$109
for Basic plan, $179 for Core plan, $339 for Plus plan.
on Lightspeed's website
Pros
- Includes detailed inventory management tools for creating product variants.
- No long-term contracts.
- 24/7 live chat support.
- Generate unlimited barcode labels.
Cons
- No free plan options.
- Accounting integrations are only available in Core and Plus plans.
Revel Systems
Best for Well-established restaurants
Payment processing fees
N/A
Quote-based.
Monthly fee
N/A
Quote-based.
Pros
- Cloud-based platform makes it easier to manage across multiple store locations.
- Extensive list of tools and features.
- Can configure to suit many business types and sizes.
- 24/7 customer support.
Cons
- Lack of pricing transparency.
- Requires a three-year contract.
Hike POS
Best for Customizable POS system
Payment processing fees
N/A
Monthly fee
$69
$69 Essential plan; $119 Plus. Custom plan available.
Pros
- Customizable with third-party hardware and payment processors.
- 24/7 live customer support.
- No contract, cancel any time with no penalty.
Cons
- Most key features are only available on the second tier plus plan.
- Quote-based pricing for the highest tier makes it hard to compare pricing.
Sort by:
Best overall POS system
Payment processing fees
In-person: 2.6% + $0.15
Online: 3.3% + $0.30
Online: 3.3% + $0.30
Monthly fee
$0
and up.
on Square's website
Pros
- Free plan option available.
- Offers helpful related services, like payroll, that integrate closely with its POS system.
- No long-term contracts or termination fees.
- All plans include a free online store.
Cons
- Free plan processing rates are more expensive than competitors.
- Complex industries might prefer a more specialized system.
Best overall POS system
Square POS
Best for Overall option
Best for Overall option
Payment processing fees
In-person: 2.6% + $0.15
Online: 3.3% + $0.30
Online: 3.3% + $0.30
Monthly fee
$0
and up.
on Square's website
Pros
- Free plan option available.
- Offers helpful related services, like payroll, that integrate closely with its POS system.
- No long-term contracts or termination fees.
- All plans include a free online store.
Cons
- Free plan processing rates are more expensive than competitors.
- Complex industries might prefer a more specialized system.
Payment processing fees
In-person: 2.6% + $0.10
Online: 2.9% + $0.30
Online: 2.9% + $0.30
Monthly fee
$39
and up for e-commerce plans with POS Lite; Can upgrade to POS Pro for an extra $89.
on Shopify's website
Pros
- No long-term contracts or termination fees.
- All plans include an online store.
- Built specifically for online sellers.
- 24/7 chat support.
Cons
- No free plan options.
- Cannot process cards in offline mode.
Shopify Retail POS
Best for Shopify e-commerce users
Best for Shopify e-commerce users
Payment processing fees
In-person: 2.6% + $0.10
Online: 2.9% + $0.30
Online: 2.9% + $0.30
Monthly fee
$39
and up for e-commerce plans with POS Lite; Can upgrade to POS Pro for an extra $89.
on Shopify's website
Pros
- No long-term contracts or termination fees.
- All plans include an online store.
- Built specifically for online sellers.
- 24/7 chat support.
Cons
- No free plan options.
- Cannot process cards in offline mode.
Payment processing fees
In-person: 2.6% + $0.10
Online: 2.9% + $0.30
Online: 2.9% + $0.30
Monthly fee
$109
for Basic plan, $179 for Core plan, $339 for Plus plan.
on Lightspeed's website
Pros
- Includes detailed inventory management tools for creating product variants.
- No long-term contracts.
- 24/7 live chat support.
- Generate unlimited barcode labels.
Cons
- No free plan options.
- Accounting integrations are only available in Core and Plus plans.
Lightspeed Retail POS
Best for Retailers
Best for Retailers
Payment processing fees
In-person: 2.6% + $0.10
Online: 2.9% + $0.30
Online: 2.9% + $0.30
Monthly fee
$109
for Basic plan, $179 for Core plan, $339 for Plus plan.
on Lightspeed's website
Pros
- Includes detailed inventory management tools for creating product variants.
- No long-term contracts.
- 24/7 live chat support.
- Generate unlimited barcode labels.
Cons
- No free plan options.
- Accounting integrations are only available in Core and Plus plans.
Pros
- Cloud-based platform makes it easier to manage across multiple store locations.
- Extensive list of tools and features.
- Can configure to suit many business types and sizes.
- 24/7 customer support.
Cons
- Lack of pricing transparency.
- Requires a three-year contract.
Revel Systems
Best for Well-established restaurants
Best for Well-established restaurants
Payment processing fees
N/A
Quote-based.
Monthly fee
N/A
Quote-based.
Pros
- Cloud-based platform makes it easier to manage across multiple store locations.
- Extensive list of tools and features.
- Can configure to suit many business types and sizes.
- 24/7 customer support.
Cons
- Lack of pricing transparency.
- Requires a three-year contract.
Payment processing fees
N/A
Monthly fee
$69
$69 Essential plan; $119 Plus. Custom plan available.
Pros
- Customizable with third-party hardware and payment processors.
- 24/7 live customer support.
- No contract, cancel any time with no penalty.
Cons
- Most key features are only available on the second tier plus plan.
- Quote-based pricing for the highest tier makes it hard to compare pricing.
Hike POS
Best for Customizable POS system
Best for Customizable POS system
Payment processing fees
N/A
Monthly fee
$69
$69 Essential plan; $119 Plus. Custom plan available.
Pros
- Customizable with third-party hardware and payment processors.
- 24/7 live customer support.
- No contract, cancel any time with no penalty.
Cons
- Most key features are only available on the second tier plus plan.
- Quote-based pricing for the highest tier makes it hard to compare pricing.
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» MORE: Best free inventory software
Methodology
NerdWallet’s point-of-sale systems provider ratings reward companies whose products and services are priced well and work in a variety of payment scenarios, among other criteria. Ratings are based on weighted averages of scores in several categories, including cost, system capabilities, contract requirements, customer service and integrations and add-ons. Learn more about how we rate point-of-sale (POS) systems providers
These ratings are a guide, but services, hardware and pricing can vary widely from business to business and provider to provider. We encourage you to shop around and compare several providers.
NerdWallet does not receive compensation for any reviews. Read our editorial guidelines