Loyverse POS Review - why 4.8 stars?

Loyverse POS Review
ITQlick Score: 89/100
ITQlick Rating:
(4.8/5)
Pricing: 2/10 - low cost
Category: Retail & POS -> Loyverse POS review
Ranking:Ranked 22 out of 430 Retail & POS systems
Company: Loyverse
Pricing: starts at $5 per employee/month
Typical customers: Small businesses and start ups
Platforms: Desktop, Mobile, Cloud
Links: Loyverse POS pricing, Loyverse POS alternatives
Shlomi LaviShlomi Lavi / updated: Apr 01, 2022

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What is Loyverse POS?

Loyverse POS is a cloud-based Retail and POS software designed with tools to help merchants worldwide manage their sales, inventories, employees, and customers. The software comes with features such as:
  • Point of Sale: Retailers can convert their smartphone or tablet into an easy-to-use point-of-sale system; generate printed or electronic receipts; apply for discounts and refunds, and continue to record transactions even when they are not connected to the internet.
  • Payments: Retailers can seamlessly accept any method of payment their customers want. It also helps them save time, ensure better accuracy and minimize errors.
  • Inventory Management: Retailers can monitor stock levels in real-time and get automatic low-stock notifications. They can also send orders to vendors and keep track of stock receipts.
  • Sales Analytics: Retailers can view their reports from any smartphone, tablet, or computer at any time and from any location. They can also see revenue, average sale, and profit, watch sales patterns and respond quickly to adjustments.
  • Employee Management: Retailers can effortlessly manage their employees and make good decisions. They may track staff sales and identify top performers.
Loyverse is a retail and POS software that started in 2014. The company is headquartered in Limassol, Cyprus. The company has a workforce of up to 10 employees.

Who is it best for?

The usual users of Loyverse POS are the ones engaging with small business (have employees from 1 to 100) and medium-sized business (have employees from 100 to 1,000) that fully employs the services offered from the restaurant management, IT, information and Data Processing, Hosting, and Related Services industry particularly with the retail and point of sales sector.

Main features and functionalities

Loyverse POS helps users in selling products directly from iOS and Android gadgets. This platform comes with various core features such Cash Management, Printable Receipts, ability to Work Offline, Employee Management, Sales Analytics, Loyalty Program, Customer Communication,

Inventory Management, Payment Handling, Sales Tracking, Stock Management, System Security & Software Management, Multiple Payment Types, support for multiple languages, Purchase and Consumption Tracking, Dashboard App, Kitchen Printer, Multi Shop Management and many more

What is the actual cost?

Loyverse POS offers free plans such as Point of Sale, Dashboard, Kitchen Display, and Customer Display. However, Add-ons (optional) such as Employee Management starts at $5 per month per employee and $50 per year. Advanced Inventory starts at $25 per month per store and $250 per year. Integrations start at $9 per month per store and $90 per year.

ITQlick pricing score is 2 out of 10 (10 is most expensive). Access ITQlick pricing guide for Loyverse POS. You can also find here pricing information from Loyverse POS's website.

Pros

  • Loyverse POS offers an essential, simple, and easy-to-use point of sale
  • The software offers inventory management that comes with alerts against low stocks
  • It offers a free POS that works well on Android devices and iPad

Cons

  • The software is not very comfortable to use with smartphones

How it stacks up?

Access a head to head analysis of Loyverse POS vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
Loyverse...
ITQlick rating
4.8/5
Score
89/100
Pricing
2/10
License pricing
$5 per employee/month
Functionality
24
Compare
ShopKeep...
ITQlick rating
4.3/5
Score
99/100
Pricing
2.4/10
License pricing
$49 per month
Functionality
11
Rezku
ITQlick rating
4.7/5
Score
96/100
Pricing
2/10
License pricing
$99 per license
Functionality
16
Review
NetSuite...
ITQlick rating
3.8/5
Score
96/100
Pricing
7.8/10
License pricing
Pricing not available
Functionality
20
Revel PO...
ITQlick rating
3.8/5
Score
95/100
Pricing
3.2/10
License pricing
$99 per terminal/month
Functionality
60

Frequently Asked Questions (FAQs)

Is it the best Retail & POS system?

Loyverse POS is ranked 22 out of 430 software in their category (Retail & POS systems).

How they are rated on ITQlick?

The rating of Loyverse POS is 4.8 stars out of 5 and the total score is 89 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Loyverse POS makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

Yes, you can access Loyverse POS on your mobile/smart phone.

What should we ask during a demo session?

Differences between Loyverse POS and alternatives?

The most popular alternatives to Loyverse POS in 2022: ShopKeep by Lightspeed, NetSuite for Retail, Rezku, Revel POS, Epos Now. Access the complete competitors analysis here - Loyverse POS VS Retail & POS Software alternatives.

Is Loyverse POS right for you or your business?

Retailers looking for a point of sale system that allows bars, restaurants, retail stores, cafés, and other businesses to check stock levels, print barcode labels, issue receipts, visualize sales metrics, and more will find Loyverse POS helpful. Just1swap, Rankings Springs General Store, Ziryab Restaurant, Chadi Okais Melt, Café Spill the Beans, Renaldo Cartwright, Cycling Bike Shop, and more businesses use Loyverse POS.

List of categories

Document Management
Calendar
Contact management
Legal Document Management
Legal Management
Task Management
Time Tracking
Bakery POS
Convenience Store POS
Food Delivery POS
Grocery POS
POS for Bars

List of features

User Access Controls
CRM
Retail & POS
Point of sale
Inventory Management
Barcode Scanning

Author - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.