Clover vs Lightspeed

June 26, 2023 | Author: Sandeep Sharma
15
Clover
The world's first integrated mobile POS with EMV, NFC, and on-screen PIN entry. All Clover products are purpose-built for POS and feature sleek designs with brushed aluminum and white glass accents.
10
Lightspeed
Lightspeed is the leading provider of cloud-based POS software. Our customers typically see a 20% growth in sales after their first year. Now is the time to join the growing list of independent businesses that choose Lightspeed POS to handle their everyday needs. Lightspeed Restaurant allows you to create your menu in seconds, update your floor plan directly in the system, impress customers with photos of items and allow your staff to focus on creating a unique restaurant experience.
Clover and Lightspeed are two prominent point-of-sale (POS) systems that cater to different business needs. Clover, developed by First Data, is a versatile and user-friendly POS platform that offers a wide range of hardware options and integrations, making it suitable for various industries and business sizes. It provides features like inventory management, reporting analytics, employee management, and customer engagement tools. On the other hand, Lightspeed, designed specifically for retail and hospitality businesses, focuses on delivering a comprehensive solution tailored to the specific needs of those industries. It offers advanced inventory management, multi-store functionality, eCommerce capabilities, and robust reporting tools. Lightspeed also provides specific versions for different sectors, such as Lightspeed Restaurant and Lightspeed Retail, ensuring industry-specific functionality.

See also: Top 10 Retail software
Clover vs Lightspeed in our news:

2021. Lightspeed buys Ecwid for $500M



Lightspeed is continuing its acquisition streak by adding two more companies to its portfolio. The Canadian point-of-sale software provider has acquired the e-commerce platform Ecwid for $500 million and NuOrder, a B2B ordering platform catering to wholesalers, brands, and retailers, for $425 million. Ecwid has established itself over the years as a prominent partner of Facebook, assisting small businesses in creating commerce experiences on the social media platform. It has expanded its services to support merchants using platforms such as Square, Wix, Instagram, and Google, sometimes in competition with, but also potentially integrating with, other e-commerce backends like Shopify.


2020. Lightspeed acquires restaurant software company Upserve for $430M



Lightspeed has recently made an announcement regarding its acquisition of Upserve, a move that expands Lightspeed's footprint in the restaurant industry. With its existing cloud-based point-of-sale software catering to various businesses, this acquisition further strengthens Lightspeed's position in the market. Upserve, founded in 2009, initially focused on encouraging users to share their purchase information with friends as part of a group of startups. Over time, it transitioned its offerings towards providing business tools encompassing payments, marketing, and loyalty, eventually rebranding as Upserve to emphasize its dedication to serving the restaurant market. The integration of Upserve aligns with Lightspeed's strategic vision of delivering an advanced commerce platform to high-performing businesses worldwide.

Author: Sandeep Sharma
Sandeep is a marketing expert with a wealth of knowledge in various domains: customer relationship management, social media management, advertising, search engine optimization, website building, Sandeep has established himself as a multifaceted professional. He honed his skills while working at Salesforce and Hubspot, where he gained invaluable insights into the industry. Now, as the proud owner of a small advertising consulting agency, Sandeep continues to provide innovative and effective strategies to businesses, helping them thrive in the competitive landscape of digital marketing. You can contact Sandeep via email sandeep@liventerprise.com