Verisave Merchant Services Review: Shopify POS

Shopify POS is a popular cloud-based POS tool for small businesses in the US and other countries. It’s built specifically for retailers. Even more so, it’s best tailored to eCommerce retailers; though, it is still a great tool for physical locations. The Shopify POS product is very simple, yet intuitive. If you’re a small-business retailer looking for a basic POS tool with minimal reporting and data analytics, this is a great system.

Your POS system is only the first step in credit card processing. Understanding the many entities involved is important when it comes to taking control of your credit card processing fees. Verisave offers CFO’s, senior financial executives, controllers, and accounts payable teams guidance on reducing monthly merchant account fees for credit card processing. When you’re considering a point-of-sale device to save on time, frustration, and cost speak with an expert at Verisave to see how else you could be saving on monthly credit card processing fees.

Products & Services Offered by Shopify POS

Shopify POS is designed for a very targeted audience: small retail businesses. If you fit this niche, Shopify POS might be a great option for you.

When It Comes To Accepting Credit Card Payments, Shopify POS Offers Merchants The Following Solutions:

Shopify POS Mobile App and Free Card Reader – You can easily download the app and order the free chip/swipe reader for mobile devices. It’s the simplest way to start selling products right away.
Card Reader
Shopify POS Payment Acceptance – With Shopify POS, you can accept all forms of payment from your customers including major credit/debit cards, cash, checks, partial payments, split tender, store credit, gift cards, online, mobile, and phone orders.
Shopify POS

Shopify POS Devices – You can install Shopify POS software onto an existing mobile device. Their mobile software is compatible with iOS 9 and Android 4.1 (Jelly Bean) or higher. They also offer barcode scanners, cash drawers, card readers, and receipt printers.
Shopify POS Devices

  • You can build your own kit, selecting color schemes for cash drawers, receipt printers, card readers, and tablet stands.
  • tablet stands

  • The Tap, Chip and Swipe reader – this device is compatible with iPad and iPhone (iPhone: 4S, 5, 5C, 5S, 6/6 Plus, 6S/6S Plus, 7/7 Plus, 8/8Plus, X/10, iPad: 2, 3, 4, Air, Air 2, Pro, 5th Gen, 6th Gen, and iPad Mini: All models), but not Android.
  • Swipe reader

  • Shopify POS is currently advertising a new tap and chip reader that they expect will be available in the coming year.
  • Shopify POS eCommerce Solutions – Shopify has built out tools for online retailers to simplify the selling process. They offer a drag-and-drop store builder that integrates with your existing website. It’s responsive so customers can easily shop on a desktop, tablet, or smartphone.

    Shopify POS Social Media Sales Solutions – Shopify POS created tools to help retailers advertise on social media with solutions that simplify the ad > buying processes. They’ll help you pinpoint and locate your prime audience, promote your products, and capture meaningful traffic that leads to sales.

    Shopify POS Compatible Credit Card Processors – Shopify POS systems come ready to work with Shopify Payments (Shopify’s proprietary merchant services processor). However, external gateway options include First Data or Authorize.net. If you use external hardware other than what’s provided by Shopify, you can choose from more processors and gateway providers.

    Shopify POS Offers The Following Business Management Solutions:

    • Track order histories
    • Set up multiple staff accounts
    • Integrate with Quickbooks, Xero, and other popular accounting software
    • Create customer profiles
    • Customizable analytics
    • Product management features (inventory and organization)
    • Barcode support

    Merchant account experts at Verisave have worked with Shopify, First Data, or Authorize.Net to obtain lower fees for their customers accepting credit and debit card payments. We perform free audits on merchant accounts to identify an average of 25% savings when it comes to credit card processing fees. Contact Verisave today to see how restructuring your merchant accounts could help you save thousands.

    Shopify POS UI & System Integration

    Shopify POS is very simple to integrate. With minimal reporting tools in their most basic plan, it’s the easiest POS system to install and start using right away. The learning curve is very low. As you increase in tools available per package from Shopify POS, the reporting tools become more advanced, showing more detailed data. While the tools become more data loaded, they’re still relatively user-friendly and easy to navigate.

    If switching to a new POS system is in your best interest and you choose to go this direction, receive unbiased advice from Verisave’s merchant account experts on how you could benefit from easily restructuring your merchant account and credit card processing system.

    How Much Will You Be Paying For Shopify POS?

    Paying For Shopify

    Basic Shopify $29/month

    • Online store
    • Unlimited products
    • 2 staff accounts
    • 24/7 support
    • Sell on online marketplaces and social media. Channel availability varies by country
    • Manual order creation
    • Discount codes
    • Free ssl certificate
    • Abandoned cart recovery
    • Shipping discount – Competitive shipping rates from USPS, UPS, or DHL Express. (up to 64%)
    • Fraud analysis
    • Online credit card rates 2.9% + 30¢
    • In-person credit card rates 2.7% + 0¢
    • Additional fees using all payment providers other than Shopify Payments 2.0%
    • Shopify POS app

    Shopify $79/month

    • Online store
    • Unlimited products
    • 5 staff accounts
    • 24/7 support
    • Sell on online marketplaces and social media. Channel availability varies by country
    • Manual order creation
    • Discount codes
    • Free ssl certificate
    • Abandoned cart recover
    • Gift cards
    • Professional reports
    • Shipping discount- Competitive shipping rates from USPS, UPS, or DHL Express (up to 72%)
    • Fraud analysis
    • Online credit card rates 2.6% + 30¢
    • In-person credit card rates 2.5% + 0¢
    • Additional fees using all payment providers other than Shopify Payments 1.0%
    • Shopify POS app
    • Register shifts
    • Hardware peripheral support
    • Use barcode scanners, receipt printers, cash drawers, shipping label printers, and retail cameras.
    • Unlimited Shopify POS staff PINs
    • Third-party POS apps

    Advanced Shopify $299/month

    • Online store
    • Unlimited products
    • 15 staff accounts
    • 24/7 support
    • Sell on online marketplaces and social media. Channel availability varies by country
    • Manual order creation
    • Discount codes
    • Free ssl certificate
    • Abandoned cart recover
    • Gift cards
    • Professional reports
    • Advanced report builder
    • Third party calculated shipping rates
    • Shipping discount- Competitive shipping rates from USPS, UPS, or DHL Express (up to 74%)
    • Fraud analysis
    • Online credit card rates 2.4% + 30¢
    • In-person credit card rates 2.4% + 0¢
    • Additional fees using all payment providers other than Shopify Payments 0.5%
    • Shopify POS app
    • Register shifts
    • Hardware peripheral support
    • Use barcode scanners, receipt printers, cash drawers, shipping label printers, and retail cameras.
    • Unlimited Shopify POS staff PINs
    • Third-party POS apps

    SHOPIFY LITE

    Shopify POS also offers a drastically simplified service called Shopify Lite. This program is $9 per month and integrates with Facebook. So retailers can do more than just advertise on Facebook, they can actually sell their products on the same platform with Shopify Lite.

    SHOPIFY PLUS

    For enterprise-grade solutions, Shopify POS provides Shopify Plus. Offering similar tools and solutions as Advanced Shopify, Shopify Plus is a scalable solution for larger enterprises. For more details on Shopify Plus, you’ll need to speak with a sales rep at Shopify.

    Shopify POS is a great tool for retailers, but a company like VEND offers similar services for a lower price point. Other simplified POS systems like Vend are worth considering over Shopify POS.

    When it comes to paying for POS software/hardware services, pricing is easy to navigate. But once you take into account the fees and rates charged by gateway providers, processors, and banks to run credit card transactions, your merchant account statement quickly becomes a tangle of numbers and fees. At Verisave, we find most financial executives we speak with do not truly understand their credit card statements. Our auditing experts are able to locate areas of savings, averaging 25% lower fees for our clients than their industry counterparts.

    Shopify POS Contract Lengths

    Shopify allows you to try their system for free, for 14 days. After that, there is no contract or long term commitment and there are no fees to cancel services.

    Shopify POS Customer Service

    Shopify’s customer service is easy to reach and very helpful. You can contact them via phone, email, or online chat feature. They also offer reading material on their website under “Learn”. The Help Center is great for troubleshooting data migration, set up, eCommerce themes, shipping, online checkout, tax questions, and more. The blog and Academy have great educational resources for retailers and growing their business.

    While Shopify might provide resources for retailers when it comes to selling more products and managing their inventory, Verisave can help you to increase your profit margins by sifting through your merchant account information to weed out unnecessary fees and to lower your credit card processing rates. Whether you’re working with Shopify or another credit card processor, give us a call. Our decades of experience navigating the credit card processing industries gives our clients a huge advantage when it comes to lowering the credit card processing fees and overall merchant account expenses.

    Online Reviews Of Shopify POS

    Common reasons for negative complaints online when it comes to Shopify’s POS systems have to deal with bugs and errors that cause hang-ups in their transactions. However, Shopify is constantly updating their systems and working out any bugs. We’re happy to see this company take an active approach to improve their products.

    Overall, customers are generally happy with Shopify and specifically the POS systems. Reviews boast about the ease of use when it comes to using Shopify hardware and software.

    VERISAVE MERCHANT SERVICES REVIEW

    Shopify POS for Merchants Accepting Credit and Debit Cards

    Offering the option to pay with a credit card is a no-brainer for most retailers. This starts with obtaining the right POS system. However, the remaining cost of running a credit card involves many other steps and are often unknowingly high. Many businesses are not on top of their merchant processing and are being overcharged without even realizing. In an industry more concerned with making money than saving, most players involved in credit card processing lack the incentive to point out opportunities for savings. In order to optimize your merchant processing and minimize fees, you should consider engaging an auditing firm.

    Verisave offers many benefits to those looking to take control of their credit card processing fees.

    • Verisave offers unbiased advice when selecting processors, gateway providers, merchant account suppliers, and more. We are a private group, unaffiliated with industry companies and can make recommendations free of pressure from parent companies.
    • Our merchant account experts will help you fine-tune your processing to eliminate inefficiencies and unnecessary fees.
    • Our account auditors do the heavy lifting, allowing you and your staff to move forward with other projects while we acquire the savings for you.
    • While working with us, you maintain ultimate control over your merchant accounts. We present to our recommended savings initiatives and you decide whether they will be implemented.
    • Verisave offers a list of impressive references upon request.
    • Verisave includes Visa/Mastercard/Discover interchange fees and American Express fees as a part of our savings methodology.

    Watch this brief video to learn more about Verisave and how we achieve savings for our clients.

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