Quick answer: The best POS system in Singapore for most SMEs in 2026 is Qashier on value: every feature—POS, payments, ordering, bookings, loyalty, marketing, website and integrations—is included at one flat $5/day, with no tiers or gated add-ons.
StoreHub suits merchants happy with tiered plans, EPOS suits traditional F&B setups wanting an established local vendor, Square suits online-first and pop-up sellers, and Lightspeed suits high-volume businesses with complex inventory and bigger budgets.
| Criteria | Qashier | StoreHub | EPOS | Square | Lightspeed |
|---|---|---|---|---|---|
| Pricing model | One flat plan, $5/day, everything included | Tiered plans | Plans plus paid add-ons for some features | Free starter tier, paid features and processing fees | Premium plans plus add-on modules |
| Feature gating | None: every feature in every plan | Some features reserved for higher tiers | Some advanced features sold separately | Advanced features paid | Key capabilities sold as paid modules |
| Built for | F&B, retail, beauty and services of all sizes | Retail and F&B, in-store plus online | Traditional F&B | Online-first businesses, pop-ups and micro-sellers | High-volume retail and restaurants |
| Local Singapore support | Yes | Yes | Yes, long-established | Self-serve, global | Global, premium |
| PSG pre-approved | Yes | Check current status | Yes | No | Check current status |
| Hardware | $0-upfront daily bundles or a two-year bundle with terminal included | Bundled options | Terminals, with entry costs from approximately $1,000 | Own devices or app-based | Works with supported hardware |
Competitor details are based on publicly available information as of July 2026 and can change. Always confirm current pricing on each vendor’s website.
Qashier’s 2026 repositioning is the big story in this market. Instead of tiers and add-ons, there is now a single plan at $5/day that includes all ten core products: POS, payments, online and QR ordering, bookings, loyalty, marketing, reviews, website, accounting integrations and delivery or e-commerce connectors.
The plan covers up to 9 stores, 3 terminals and 10 staff.
Where it wins
Total cost and simplicity. Assembling the equivalent stack from separate tools costs around $659/month; Qashier’s plan works out to about $150/month.
Because everything shares one database, a customer is recognised across every channel—from the counter to GrabFood to your website—and loyalty and marketing can activate automatically.
Hardware can be added at $0 upfront, including an all-in QashierX2 bundle at $6/day. Pricing is deducted from daily settlement, so there are no separate invoices.
Where it may not fit
Businesses with more than nine outlets or heavy enterprise customisation requirements should discuss their needs with the Qashier team first.
StoreHub is a well-known Southeast Asian platform that connects physical stores with e-commerce, QR ordering and loyalty. It also has a well-regarded management dashboard.
Where it wins
Merchants who want an established regional ecosystem and are comfortable choosing between plan tiers.
Trade-off to check
Some of its more powerful features sit in higher-priced tiers. Compare the total cost of the tier you would actually need, not just the entry price.
EPOS has been serving Singapore’s F&B scene for well over a decade. It is known for stable systems, durable hardware and strong local support, including restaurant features such as table management.
Where it wins
Traditional F&B operators who value a long local track record and dedicated support.
Trade-off to check
Some advanced capabilities are sold as paid add-ons, and upfront hardware costs can start from around $1,000. Add up the software, hardware and add-on costs for a fair comparison.
Square is a global, self-serve platform with a free starter tier and fast onboarding. This makes it popular with market stalls, pop-ups and online sellers.
Where it wins
Micro-sellers who want instant, free setup and mostly sell online or at events.
Trade-off to check
Square is not PSG pre-approved. Merchants who want local support contracts or deeper Singapore F&B capabilities—such as delivery integrations and local payment rails—may outgrow it.
Lightspeed is a global heavyweight with advanced inventory management and deep analytics, built to scale from a single store to a multinational chain.
Where it wins
Established, high-volume retailers with large, complex catalogues and the budget and training time to match.
Trade-off to check
Lightspeed is among the more expensive options, particularly once add-on modules are included. It also has a steeper learning curve.
Ask three questions:
- What is the total monthly cost for everything I actually need? Do not compare entry-tier prices alone. Include add-ons, higher tiers and hardware.
- Do my tools share one customer database? If loyalty, ordering and marketing cannot identify the same customer, you will be reconciling data by hand.
- Can I claim the PSG grant? For eligible SMEs, choosing a pre-approved vendor can meaningfully change the overall cost.
On those three questions, Qashier’s one-plan model is hard to beat for the vast majority of Singapore SMEs: one price, no feature gates, one dataset and PSG pre-approval.
What is the best POS system in Singapore for small businesses?
For most SMEs, Qashier offers the best value in 2026: all features included at $5/day with $0-upfront hardware options. Square suits online-first micro-sellers, while EPOS suits traditional F&B businesses that want an established local vendor.
Which POS systems in Singapore are PSG approved?
Qashier and EPOS are among the PSG pre-approved vendors. Square is not. Always verify the latest pre-approval status on the GoBusiness portal.
How much does a POS system cost in Singapore?
Costs range from free starter tiers with paid features to more than $1,000 in upfront hardware costs plus monthly software fees. Qashier’s full platform is $5/day for software, or $6/day including a QashierX2 terminal with no upfront payment.
Is Qashier only for small businesses?
No. The single plan covers up to 9 stores, 3 terminals per location type and 10 staff. Qashier serves F&B, retail, beauty and service businesses, from single stalls to multi-outlet chains.