A point-of-sale (POS) system is the hardware and software that allows businesses to accept customer payments. As consumers become more mobile-centric, the POS industry has followed suit, offering ...

Accepting credit cards requires a payment processor like Square or Stripe, a merchant account, and hardware like POS terminals. Fees range from 1.5% to 4%.

Courtney Reilly-Larke is the deputy editor of Forbes Advisor Canada. Previously, she was the associate editor of personal finance at MoneySense. She was also managing editor of Best Health Magazine ...

Explore the costs of POS systems for businesses, including hardware, software, payment processing, and installation fees, to ...