Lightspeed vs Verifone

Founded in 2005 in Montreal, Quebec, Lightspeed POS is a cloud-based platform that provides tailored solutions for retail, restaurant, golf, and e-commerce businesses of all sizes. They offer a unified platform that helps businesses operate day-to-day tasks and reach their potential. They have served over 168,000 small to medium-sized businesses in more than 100 countries worldwide. They offer software and hardware tools for in-person sales and e-commerce, as well as inventory management, team management, supplier management, and store location management. They also offer 24/7 support, real-time analytics, and reporting capabilities to help businesses run more efficiently. Additionally, they offer marketing tools, third-party integrations, and API access. Lightspeed takes data security seriously and maintains compliance with Payment Card Industry Data Security Standards through a team of IT security experts. They use PCI-compliant third-party providers for transactions and undergo annual assessments and audits for SOC 2 Type 2 compliance to keep their network monitored and safe. Lightspeed is well-regarded by peers and clients, with high review scores on Trustpilot and industry leader lists. However, they are not BBB-accredited and have an F rating. 

Verifone is a well-established provider of payment and commerce solutions, with a wide range of products and services catering to different industries. The company was founded in 1981 by Bill Melton in Hawaii, but is currently headquartered in Florida. Verifone operates globally and specializes in designing, manufacturing, and marketing payment-related products such as countertop payment devices, multilane devices, PIN pad POS, integrated POS solutions, portables and transportable, mobile POS hardware, and unattended payment devices. Additionally, they offer cloud services with advanced payment methods, crypto payments, and alternative financing options. Their payment solutions are known for their user-friendly interfaces, advanced security features, and a wide range of terminal models. They cater to businesses of all sizes, with scalable options for retail stores and restaurant chains. The company emphasizes a customer-centric approach, with features like omnichannel solutions and readily available support options. They also partner with merchant service providers, which may provide additional support channels. Verifone POS systems are worth considering for businesses seeking a reliable and feature-rich processing solution. Their products and services have collected many awards and certificates for their comprehensive payment solutions focusing on security, reliability, and scalability.