Compare Square for Retail and LightSpeed - Sep 2022

Shlomi LaviShlomi Lavi / Sep 07, 2022

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Bottom Line: Which is Better - Square for Retail or LightSpeed?

Square for Retail is more expensive to implement (TCO) than LightSpeed, LightSpeed is rated higher (93/100) than Square for Retail (81/100). LightSpeed offers more features (20) to their users 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 like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. In this article we compare between the 2 software products:

How Square compares with LightSpeed?

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...

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's more expensive? Square for Retail 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 & support and other related services. When calculating the TCO it's important to add all of these "hidden cost" as well. We prepared a TCO calculator for Square for Retail and LightSpeed.

Square for Retail price starts at $60 per location/month , on a scale between 1 to 10 Square for Retail is rated 2, which is much lower than the average cost of Point of sale software. LightSpeed price starts at $69 per month , when comparing LightSpeed to their competitors, the software is rated 2 - much lower than the average Point of sale software cost.

Bottom line: Square for Retail cost is around the same cost of LightSpeed.

Which software includes more/better features?

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared Square for Retail Vs. LightSpeed based on some of the most important and required Point of sale features. Square for Retail: Data Analysis Tools, Customer Relationship Management, Barcoding, Order Fulfillment, Product Lifecycle Management, Retail & POS, Inventory Management. LightSpeed: Customer Database, Email Marketing, Bar Code Scanning, Credit Card Processing, Discounts.

Target customer size

Square for Retail's typical customers include: SMBs, LightSpeed is an ideal product for all retail businesses of small and medium size.

Square for Retail

ITQlick rating
(4.5/5)

starts at $60 per location/month

Square for Retail is a point of sale software designed to help run retail businesses. With the software, users can manage inventory, sell both online & in-store effectively, and build a strong customer relation...

Categories: Bookstore POS, Cell Phone Store POS, Clothing Store Inventory POS, Consignment POS.

LightSpeed

ITQlick rating
(4.2/5)

starts at $69 per month

LightSpeed software is a point of sale solution that helps retailers run their businesses. The solution has a number of capabilities that include merchant services that manage all transactions from one place an...

Categories: CRM, Inventory Management, Bookstore POS, Cell Phone Store POS, Clothing Store Inventory POS.

Compare specifications

Compare features

Square for Retail: 7 Features

Data Analysis Tools
Customer Relationship Management
Barcoding
Order Fulfillment
Product Lifecycle Management
Retail & POS
Inventory Management

LightSpeed: 20 Features

Customer Database
Email Marketing
Bar Code Scanning
Credit Card Processing
Discounts
Gift Cards
Mobile POS Capability
Print Receipt
Receipt Notes
Refunds
Returns
Revenue Totals
Shipping/Delivery Setup
Accounting Integration
Barcode Integration
Inventory Optimization
Purchasing
RFID Integration
Traceability
Vendor Managed Inventory
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Square f...
ITQlick rating
4.5/5
Score
81/100
Pricing
3/10
License pricing
$60 per location/month
Functionality
25
Compare
LightSpeed
ITQlick rating
4.2/5
Score
93/100
Pricing
2.6/10
License pricing
$69 per month
Functionality
44
Toast PO...
ITQlick rating
4.3/5
Score
98/100
Pricing
2.8/10
License pricing
$165 per month
Functionality
10
Clover
ITQlick rating
3.7/5
Score
91/100
Pricing
6/10
License pricing
$9.95 per month
Functionality
5
Review
PHP Poin...
ITQlick rating
4.7/5
Score
91/100
Pricing
2.8/10
License pricing
$28.25 per month
Functionality
19

Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.