Loyverse VS Square POS Comparison 2024

Loyverse offers your standard retail store features, including print/email receipts, item modifiers, discounts, return management, saved orders, and sales by weight (printing the weight on barcodes and then scanning the barcode at checkout.) You may incorporate a customer display using an iPad so that customers can verify orders before paying and use Loyverse in multiple locations for free. You can process payments offline in real time since you attach Loyverse to an external card terminal. We, of course, appreciate the free Loyverse loyalty functions, which include loyalty points settings for each item and the ability to issue loyalty cards.

The free version of Square For Retail, Square’s retail-specific app, allows you to:

• Create a custom checkout interface
• Sell in-store for local delivery or shipping
• Manage exchanges and returns
• Sell Square gift cards
• Print and send text/email receipts
• Send invoices and payment links
• Accept pre-orders
• Create discounts and coupons
• Scan barcodes
• Integrate a weight scale with Square and weigh items in real-time (great for selling items like loose fruit, bulk nuts, or handcrafted soap)
• Integrate Square with your Google Business Profile and list your products on Google Shopping to be discovered in local search results

On the paid Square For Retail plan, you can manage multiple locations, including accepting returns across all locations.

Read our Square For Retail review for more information on free and paid Square For Retail plans. Also, look into our best retail POS systems if you own a retail business and are looking for more extensive store management features.

Square For Restaurants offers menu builders, scheduled menu changes, order modifier rules, order-splitting functions, tipping rules, an order manager for all order types (dine-in, takeout, online, and third-party delivery platforms), a customizable ordering interface, discounts, item 86-ing (manual and automated depending on inventory tracking setup), and invoicing (great for accepting catering orders) on the free plan. The free Square restaurant plan is one of the best quick-serve POS systems for restaurants.

The paid plan includes table management, seat management, floor planning, meal coursing, order-ready texts for takeout and delivery orders, multi-location management, and access to the Square mobile ordering kit, which is an excellent device that allows servers to fire orders and take payments at tables. We recommend the paid plan for any sit-down restaurant.

All restaurant owners will appreciate Square’s integrations with the best food delivery service platforms, including Doordash, Grubhub, and Uber Eats. You can also accept orders directly through your Google Business Profile listing.

Loyverse offers basic restaurant features including order ticket management, a customizable ordering interface, discounts, order modifiers, order notes, and kitchen ticket printing. You may also incorporate Loyverse’s loyalty features at your restaurant.

Loyverse’s best restaurant feature that Square does not offer for free is the kitchen display system, which helps kitchen staff keep up with order flow and communicate better with servers. Square offers the Square KDS, but you must pay extra for it or get on the paid Square For Restaurants plan. Read more about how Square KDS works and what it can do for your restaurant.

Read our Square For Restaurants review for more information on Square For Restaurants features. If you’re starting a restaurant, check out our best restaurant POS systems.

Unlike Loyverse, Square offers specific appointment scheduling and invoicing software that is excellent for salons, spas, contractors, landscapers, and any other small service-based business.

On the free Square Appointments plan, you can:

• Allow customers to self-book appointments (on a website, social media, your Google Business profile, or through a scheduling HTML link)
• Manage appointment calendars for yourself and your employees
• Accept appointment deposits
• Send text/email appointment reminders
• Sell retail items
• Send professional invoices with due dates and payment terms
• Automatically send contracts to clients
• Charge a card on file

The $29/month/location Plus plan offers:

• Class booking feature, which makes Square one of the best gym POS systems for gyms that offer group fitness classes
• Waitlist management and cancellation policies (plus cancellation fees)
• Set daily appointment limits,
• Square Appointments calendar syncs with your Google calendars
• Automated appointment confirmations via text and email, which makes Square one of the best POS software for salons

The $69/month/location Premium plan offers resource management (assign rooms, chairs, tools, etc. to specific services), custom contract fields (text boxes, dropdown menus, date fields for clients to fill in), Square Advanced Access, and Square Shifts Plus for better team management.

Loyverse does not offer service-based business features, so we do not recommend this POS system for salons, spas, cleaning services, event planners, consultants, repair shops, or any other type of appointment or invoice-based business.

Read our Square Appointments review for more information on Square Appointments pricing and features.

Loyverse offers great inventory management with the $25/month/location advanced inventory management add-on, including barcode/label printing, inventory transfers, partial stock takes, purchase order management, inventory valuation, inventory tracking, and stock adjustments. The basic inventory management features include item modifiers/variations and item unit settings.

Square’s inventory management features depend on the version of Square you’re using (retail, restaurant, or service business app.) In general, though, you will find item modifiers and variations, the ability to show or hide items in an online store, units of measurement, shipping settings, stock adjustments, and low-stock alerts. Paid plans will include purchase order and vendor management, stock forecasting, stock counts using a scanner tool, bulk inventory adjustments (great for quickly accepting deliveries), and cross-location inventory transfers.

Read up on our best POS systems for inventory management if you have extensive or niche inventory management needs.

Loyverse does not have eCommerce features built into it. You may pay $9/month/location to integrate Loyverse with an eCommerce platform such as Shopify, BigCommerce, WooCommerce, Wix, Squarespace, or Amazon. You must still pay for web hosting software from your platform provider (e.g. online store builder, web domain registration, and web hosting from Shopify.) With an eCommerce integration, you may sync your sales and inventory data, but there does not seem to be an easy way for customers to use the free Loyverse app online.

Square, on the other hand, is one of our best POS systems with eCommerce features. You get a free online ordering platform on all plans, and your personalized website features will vary depending on the version of your Square POS app (retail, restaurant, or service app.) All Square users can sell items. gift cards. and digital downloads on their own customizable website for in-store pickup and delivery. You can also show shipping calculations at checkout, provide free shipping/delivery rules, and allow customers to gift items to others.

You may also integrate your Square account with social media platforms like TikTok, Instagram, and Facebook. Customers can purchase items and book appointments in-app from your business social media profiles.

Read our Square Online review for more information on how Square’s eCommerce features work with different Square POS apps.

Loyverse offers employee management features for $25/month/location. These features include user permissions, employee sales tracking, labor reports, and time clock functions on the POS.

Square offers free team management, including time clock functions, time tracking, and one set of user permissions. Square Shifts scheduling software is free for up to five people, then you have to pay $2-$4/employee. Square Shifts allows you to:

• Create a schedule for up to 10 days (unlimited scheduling on the paid plan)
• Duplicate shift schedules
• Set team member availability
• Give team members availability updating permissions (paid plan) to minimize scheduling issues
• Track/edit timecards, tips, overtime, and breaks
• Schedule open shifts (paid plan)
• Give team members shift-swapping permissions (paid plan)
• Track commissions (paid plan)
• Pool tips (paid plan)
• Export information to Square Payroll

Read our Square Payroll review for more on paying your employees through Square’s comprehensive payroll software.

Loyverse offers more basic reports, while Square offers most of its best reporting features on paid plans.

For accounting, you’ll need a third-party small business accounting software integration no matter which POS software you use. Square has more integrations in general, including integrations with QuickBooks Online, Xero, and Zoho Books.

Loyverse will work without the internet for the most part. You won’t be able to accept returns, create new items, or register new customers, but you can accept payments with a nonintegrated credit card terminal.

Square POS runs on almost any Apple or Android phone. However, the Square For Retail app is not currently available on Android.