Will an Updated POS System Help My Liquor Store Business Bottom Line?

A point of sale system impacts the bottom line of a liquor store in several ways. From the fees associated with every credit or debit card transaction to the ability to accept more forms of payment and satisfy other operational requirements, the right POS system can minimize many of the costs of doing business. Find out how a new Clover system POS reduces overhead costs and stimulates sales.

Cost-Effective Transaction Rates

Payment processing rates can take a significant bite out of your profit. Locking in more affordable flat rates for card and contactless transactions is a major step toward boosting your bottom line. The transaction rates for Clover systems are based on a choice of system software plans. Store owners should weigh the costs and features of the Register Lite and Register software and select the right level of service.

Register Lite software may be ideal for smaller stores. This plan has a lower monthly subscription fee with a slightly higher rate for in-person transactions. Larger stores with more complex inventory management needs should choose the Register plan. This full-service software costs more per month, but has a reduced rate for in-person transactions. These rates remain consistent as long as payments are processed through the Clover network.

Omnichannel Payment Processing

Customers expect to be able to make purchases with credit or debit cards as well as contactless payment methods. Stores that can accept EMV chips, magnetic stripe swipes and contactless dips or taps tend to make more sales. While each plan has two rates for in-person or keyed-in transactions, these rates remain consistent.

From the portable Clover Go smart device attachment to the handheld Clover Flex and tablet-based Mini all the way up to the full-service countertop Station, any Clover POS hardware can accept all of these types of payments. A cash drawer is also compatible with most equipment. Your bottom line is sure to benefit from the ability to accept more payment methods.

Multi-Purpose Functionality

The built-in software that comes with these POS systems and the wide variety of supported applications and integrations available through the App Market make Clover an ideal liquor store POS system. The Register Lite software simplifies managing employee permissions and shifts to limit liability and loss. The Register software plan has all of these features and adds enhanced inventory management and other premium functionality. Both software service plans enable you to track sales at any time from any location through the Dashboard application.

All of these software features are supported by Clover hardware. The Clover Flex, Mini and Station feature fingerprint scanning for employee authentication and a built-in camera for use during checkout and inventory. Every Clover system also includes access to an App Market that has hundreds of supported applications and integrations. Find a tool for any task from ordering stock to processing payroll that suits your budget and operational needs.

Clover offers liquor store business owners a full range of affordable and versatile all-in-one POS systems with built-in payment processing. Select the equipment and software service plan that benefit your bottom line.