Compare PaySimple and LightSpeed - Mar 2022

Shlomi Lavi

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Bottom Line: Which is Better - PaySimple or LightSpeed?

PaySimple is more expensive to implement (TCO) than LightSpeed, and LightSpeed is rated higher (93/100) than PaySimple (75/100). LightSpeed offers users more features (20) than PaySimple (3). 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:

PaySimple Vs. LightSpeed

PaySimple: PaySimple offers products directly to small business merchants, and also partners with organizations to provide the technology and support for white-labeled products, like AcceptPay® for American Express® and ZipSM for Ink from Chase® cardmembers.

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...

Who is more expensive? PaySimple or LightSpeed?

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 PaySimple and LightSpeed.

PaySimple price starts at $69.95 per month , On a scale between 1 to 10 PaySimple is rated 6, which is similar to the average cost of Point of sale software. LightSpeed price starts at $69 per month , When comparing LightSpeed to its competitors, the software is rated 2 - much lower than the average Point of sale software cost.

Bottom line: PaySimple is more expensive than LightSpeed.

Which software includes more/better features?

We've compared PaySimple Vs. LightSpeed based on some of the most important and required Point of sale features.

PaySimple: Data Import/Export, Basic Reports, Online Customer Support.

LightSpeed: Customer Database, Email Marketing, Bar Code Scanning, Credit Card Processing, Discounts.

Target customer size

PaySimple's typical customers include: Small businesses and start ups, LightSpeed is an ideal product for all retail businesses of small and medium size.