Shlomi Lavi /
Sep 07, 2022
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Bottom Line: Which is Better - LightSpeed or Square for Retail?
Square for Retail is more expensive to implement (TCO) than LightSpeed, and LightSpeed is rated higher (93/100) than Square for Retail (81/100). LightSpeed offers users more features (20) than Square for Retail (7). There is a clear winner in this case and it is LightSpeed!
Looking for the right Point of sale solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
LightSpeed Vs. Square
LightSpeed: LightSpeed, a leading technology company that is reinventing the retail experience for iGeneration shoppers, today announced the closing of a US$30 million investment from Accel Partners.
We produce the most compelling retail business solution on any platform and help retailers attain their business aspirations. We are seeking out talented profes...
Square: Square helps anyone take care of their business. Square's complete register service is a full point of sale with tools for every part of running a business, from accepting credit cards to inventory tracking, and small business financing. Customers also use Square Order, a new way to pre-order food and drinks for pickup and individuals use Cash, the...
Who is more expensive? LightSpeed or Square for Retail?
The real total cost of ownership (TCO) of Point of sale software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for LightSpeed and Square for Retail.
LightSpeed price starts at $69 per month , On a scale between 1 to 10 LightSpeed is rated 2, which is much lower than the average cost of Point of sale software. Square for Retail price starts at $60 per location/month , When comparing Square for Retail to its competitors, the software is rated 2 - much lower than the average Point of sale software cost.
Bottom line: LightSpeed cost is around the same cost of Square for Retail.
Which software includes more/better features?
We've compared LightSpeed Vs. Square for Retail based on some of the most important and required Point of sale features.
LightSpeed: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Customer Database, Email Marketing, Bar Code Scanning, Credit Card Processing, Discounts, Gift Cards, Mobile POS Capability, Print Receipt.
Square for Retail: Data Analysis Tools, Customer Relationship Management, Barcoding, Order Fulfillment, Product Lifecycle Management.
Target customer size
LightSpeed is an ideal product for all retail businesses of small and medium size. and Square for Retail's target customer size include: SMBs.