Stripe Terminal vs QuickBooks POS

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Our analysts compared Stripe Terminal vs QuickBooks POS based on data from our 400+ point analysis of POS Software, user reviews and our own crowdsourced data from our free software selection platform.

QuickBooks POS Software Tool

Product Basics

Stripe Terminal is a sophisticated software solution designed to manage point-of-sale (POS) tasks, enabling businesses to accept in-person payments seamlessly. It is particularly well-suited for retail stores, restaurants, and service providers who require a reliable and flexible POS system. The software supports a variety of hardware options, including card readers and mobile devices, making it adaptable to different business environments.

One of the key benefits of Stripe Terminal is its integration with other Stripe products, providing a unified platform for both online and offline transactions. This integration simplifies the reconciliation process and offers a comprehensive view of sales data. Popular features include customizable payment flows, robust security measures, and real-time transaction monitoring.

Users often praise Stripe Terminal for its ease of use, reliability, and the ability to scale with business growth. Pricing details can vary based on hardware choices and transaction volumes, so it is advisable to contact SelectHub for a tailored pricing quote that meets specific business needs.

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QuickBooks POS is a retail point of sale designed for small, medium and large-sized businesses. It streamlines payment and return processing and inventory management, enabling users to track inventory and fast selling items and place restocking orders.

It provides customer information to monitor buying and acquiring history and eliminates manual entries by automating inventory updates. It supports on-premise, cloud-based and mobile deployment and offers additional hardware such as receipt printers, bar-code scanners and more. It serves businesses like franchises, gift shops, clothing and shoe stores and more.
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$0.30/Transaction, 2.7% Flat Rate
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Product Assistance

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Knowledge Base
24/7 Live Support
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24/7 Live Support

Product Insights

  • Seamless Integration: Stripe Terminal integrates effortlessly with existing Stripe accounts, allowing businesses to manage online and in-person payments from a single platform.
  • Customizable Hardware: Offers a range of pre-certified card readers that can be tailored to fit the specific needs of your business, ensuring a consistent brand experience.
  • Global Reach: Supports in-person payments in multiple countries, enabling businesses to expand their geographical footprint without additional complexity.
  • Unified Reporting: Consolidates all transaction data into one dashboard, simplifying financial reconciliation and providing a comprehensive view of business performance.
  • Developer-Friendly: Provides robust APIs and SDKs, allowing developers to build custom POS solutions that integrate seamlessly with existing systems.
  • Enhanced Security: Utilizes end-to-end encryption and is PCI-compliant, ensuring that sensitive payment information is protected at all times.
  • Real-Time Updates: Automatically updates software and firmware, reducing the need for manual maintenance and ensuring that the system is always up-to-date with the latest features and security patches.
  • Flexible Payment Options: Supports a variety of payment methods, including contactless payments, chip cards, and mobile wallets, catering to diverse customer preferences.
  • Scalability: Designed to grow with your business, whether you have a single location or multiple outlets, providing a consistent and reliable payment experience.
  • Cost Efficiency: Reduces the need for multiple vendors and systems, lowering operational costs and simplifying vendor management.
  • Customer Insights: Provides valuable data on customer behavior and preferences, enabling businesses to make informed decisions and improve customer engagement.
  • Streamlined Operations: Simplifies the checkout process, reducing wait times and improving overall customer satisfaction.
  • 24/7 Support: Offers round-the-clock customer support, ensuring that any issues are promptly addressed, minimizing downtime and disruption.
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  • Streamlined Sales Processes: QuickBooks POS simplifies the checkout experience, enabling faster transactions and reducing customer wait times. This efficiency can lead to increased customer satisfaction and repeat business.
  • Accurate Inventory Management: The software provides real-time tracking of inventory levels, helping businesses avoid stockouts and overstock situations. This accuracy ensures that popular items are always available, enhancing sales opportunities.
  • Comprehensive Financial Integration: QuickBooks POS seamlessly integrates with QuickBooks accounting software, automating the transfer of sales data. This integration reduces manual data entry errors and provides a holistic view of the business’s financial health.
  • Improved Customer Management: The system allows for the creation of customer profiles, including purchase history and preferences. This information can be used to personalize marketing efforts and improve customer service, fostering loyalty.
  • Enhanced Reporting Capabilities: With its advanced reporting features, QuickBooks POS enables businesses to generate detailed sales, inventory, and customer reports. These insights can inform strategic decisions, helping to drive growth and profitability.
  • Flexible Payment Solutions: The software supports a variety of payment methods, including credit cards, debit cards, and mobile payments. This flexibility meets the diverse preferences of customers, making it easier for them to complete purchases.
  • Scalability: QuickBooks POS is designed to grow with your business. Whether you’re expanding product lines or adding new locations, the software can scale to meet your evolving needs without sacrificing performance.
  • Time-Saving Automation: By automating routine tasks such as sales tracking and inventory ordering, QuickBooks POS frees up time for business owners and staff to focus on customer service and other high-value activities.
  • Reduced Training Time: The intuitive interface of QuickBooks POS makes it easy for new employees to learn the system, reducing training time and costs. This ease of use can help businesses quickly adapt to staffing changes.
  • Enhanced Security: QuickBooks POS includes robust security features designed to protect sensitive customer and business data. This security helps to build trust with customers and comply with regulatory requirements.
  • Mobile POS Capabilities: With mobile POS options, businesses can process transactions anywhere in the store or at off-site events. This mobility can enhance the customer experience and capture more sales opportunities.
  • Customizable Interface: The software allows businesses to customize the POS interface to match their specific workflow and preferences. This customization can improve operational efficiency and ease of use.
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  • Customizable Checkout: Tailor the checkout experience to match your brand and business needs, whether through pre-built components or custom-built solutions.
  • Developer-Friendly SDKs: Utilize robust SDKs for iOS, Android, and JavaScript, enabling seamless integration with your existing systems and applications.
  • End-to-End Encryption: Ensure secure transactions with end-to-end encryption, protecting sensitive payment information from the point of entry to the final processing.
  • Global Reach: Accept payments in over 135 currencies and multiple payment methods, including credit cards, debit cards, and mobile wallets, to cater to a global customer base.
  • Real-Time Reporting: Access detailed transaction data and analytics in real-time, allowing for better business insights and decision-making.
  • Offline Mode: Continue to accept payments even when the internet connection is lost, with transactions automatically syncing once connectivity is restored.
  • Pre-Certified Hardware: Choose from a range of pre-certified card readers and terminals that are easy to set up and integrate with your POS system.
  • Unified Platform: Manage both online and in-person payments through a single platform, simplifying reconciliation and reporting processes.
  • Custom Receipts: Generate and print custom receipts that can include your branding, return policies, and other relevant information.
  • Multi-Location Support: Manage multiple store locations from a single account, streamlining operations and reporting across your business.
  • Customer Management: Store and manage customer information securely, enabling personalized service and loyalty programs.
  • Seamless Integration: Integrate with other Stripe products like Stripe Payments, Stripe Connect, and Stripe Billing for a comprehensive payment solution.
  • Compliance and Security: Stay compliant with industry standards such as PCI DSS, ensuring that your business meets all necessary security requirements.
  • 24/7 Support: Access round-the-clock support from Stripe’s team of experts, ensuring any issues are resolved promptly and efficiently.
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  • Inventory Management: Operate the business online with an easy-to-use, web-based platform. Manage products across multiple channels, pay bills, receive instant alerts, refill merchandise, track orders, maintain stock volume and access reports for real-time insight into company sales. 
  • Electronic Bills: Oversee finances with a secure and integrated payment solution. Schedule and track payments, store receipts, import transactions from the bank account, manage company payments and more with a virtual transaction system. 
  • Visual Reporting: Enhance business growth with data-backed insights into crucial performance metrics and business KPIs. Make strategic decisions with informative reports like income statements, accounting stats, spending roadmaps, custom tags and sales trends. Get access to total sales, vendor purchases, inventory valuation, payroll summary and more. 
  • Flexible Payments: Make contactless, online payments using credit cards, debit cards and ACH bank transfers. Manage transactions with consolidated invoices, get alerts about deposits and use the mobile application for an easy-to-access accounting experience. 
  • Project Monitoring: Examine projects and make decisions based on business performance to maximize profits. Use the dashboard to monitor income and costs, get profitability insights with updates, track total spends and revenue and use time-tracking to update labor costs and expenses automatically. 
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#38

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User Sentiment Summary

Excellent User Sentiment 5276 reviews
Good User Sentiment 259 reviews
94%
of users recommend this product

Stripe Terminal has a 'excellent' User Satisfaction Rating of 94% when considering 5276 user reviews from 2 recognized software review sites.

79%
of users recommend this product

QuickBooks POS has a 'good' User Satisfaction Rating of 79% when considering 259 user reviews from 4 recognized software review sites.

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4.3 (19)
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4.1 (79)
4.68 (2586)
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4.7 (2690)
3.9 (157)
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2.5 (4)

Awards

Stripe Terminal stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

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Synopsis of User Ratings and Reviews

Easy Integration: Stripe Terminal POS is praised for its ability to seamlessly integrate with the larger Stripe ecosystem, simplifying payment processing and business management.
User-Friendly Interface: The system is designed with an intuitive interface, making it easy for staff to learn and use, even with minimal training.
Customization Options: Businesses appreciate the flexibility to tailor the POS system to their specific needs, such as customizing receipts or integrating with existing checkout workflows.
Reliable Hardware: Stripe's hardware is recognized for its dependability, ensuring smooth and uninterrupted transaction processing for businesses.
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Inventory Management: QuickBooks POS excels at simplifying inventory management tasks, such as tracking stock levels and generating purchase orders. The software offers features like setting reorder points to automatically trigger purchase orders when inventory runs low, ensuring you maintain optimal stock levels and prevent stockouts.
Sales Tracking and Reporting: QuickBooks POS provides robust sales tracking and reporting capabilities, enabling businesses to gain valuable insights into their sales performance. Users can easily generate reports on various metrics, including sales by item, customer, or employee, allowing them to identify trends, analyze profitability, and make data-driven decisions to optimize sales strategies.
Customer Relationship Management (CRM): The software includes CRM functionalities that help businesses effectively manage customer interactions and build stronger relationships. Users can track customer purchase history, preferences, and contact information, enabling personalized marketing campaigns and targeted promotions to enhance customer loyalty and satisfaction.
Employee Management: QuickBooks POS simplifies employee management tasks, such as tracking employee hours, managing payroll, and setting permissions. The software allows businesses to monitor employee performance, calculate wages accurately, and control access to sensitive information, streamlining HR processes and improving overall efficiency.
Integration with QuickBooks Accounting Software: One of the significant advantages of QuickBooks POS is its seamless integration with QuickBooks accounting software. This integration eliminates the need for manual data entry, as sales, inventory, and customer information automatically sync between the two systems, saving time, reducing errors, and providing a comprehensive view of the business's financial health.
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Initial Setup Complexity: Users without a technical background might find the initial setup process challenging.
Transaction Fees: While competitive, the transaction fees, which can be 2.7% plus 5 cents per transaction, can accumulate for businesses with high sales volume.
Customer Support Concerns: Some users have reported delays in response times from Stripe Terminal's customer support, impacting their ability to resolve issues promptly.
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Limited Hardware Compatibility: The software is primarily designed for specific hardware, potentially necessitating additional expenses for compatible equipment.
Learning Curve: Users transitioning from other POS systems may find QuickBooks POS to have a steeper learning curve due to its unique interface and workflows.
Customer Support: Obtaining timely and effective customer support can be challenging, leading to frustration when encountering issues or seeking assistance.
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Is Stripe Terminal the main vein when it comes to POS solutions? User reviews from the last year suggest Stripe Terminal is a robust payment processing platform that shines when it comes to its seamless integration with the broader Stripe ecosystem, making it a no-brainer for businesses already using Stripe for online payments. This integration simplifies reconciliation and reporting by managing both online and in-person payments in one central hub. Users rave about the flexibility of Stripe Terminal's API and SDK, which allows for extensive customization, including personalized email receipts and integration with various POS applications. For instance, businesses can tailor their checkout flow and even enable contactless payments directly on compatible iPhones or Android devices using Tap to Pay. However, some users point out that while the platform boasts no monthly fees, setup can be a headache for those without a tech background, potentially leading to increased upfront costs. Additionally, while transaction fees are competitive, they can add up for businesses with high sales volume, impacting their bottom line. Another area of concern is customer support, with some users reporting sluggish response times, which can be frustrating for businesses needing quick assistance. Overall, Stripe Terminal is best suited for tech-savvy businesses already familiar with or utilizing the Stripe ecosystem for their online transactions. Its robust API and seamless integration capabilities provide a unified platform for managing online and in-person payments, making it a solid choice for businesses looking to streamline their payment processing operations.

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QuickBooks POS users highlight its seamless integration with QuickBooks accounting software as a major strength, saving them considerable time and effort by eliminating the need for manual data entry and ensuring consistency between sales and accounting records. This integration simplifies financial management, especially for businesses that handle a high volume of transactions or have complex inventory management needs. Users also appreciate the software's comprehensive inventory management features, which allow them to track stock levels, manage purchase orders, and generate reports to gain insights into sales trends and inventory performance. However, some users find the initial setup process to be complex and time-consuming, requiring careful planning and potentially additional support from Intuit or a qualified consultant. Additionally, while QuickBooks POS offers various hardware options, some users find the costs associated with hardware and ongoing software subscriptions to be a significant investment, particularly for smaller businesses with limited budgets. Despite these drawbacks, QuickBooks POS stands out for its robust features, scalability, and integration capabilities, making it a suitable choice for established businesses with evolving needs. Its ability to streamline operations, improve accuracy, and provide valuable insights makes it particularly well-suited for retail businesses, especially those with multiple locations or a growing customer base.

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