---
description: Compare Transaction Processing Services vs Square Point of Sale regarding their features, reviews, pricing, specifications, screenshots & more.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png
title: Transaction Processing Services vs Square Point of Sale Comparison
---

Breadcrumb: [Home](/) > [Government Software](/directory/4240/government/software) > [Transaction Processing Services \<span\>vs\</span\> Square Point of Sale](https://www.softwareadvice.co.uk/compare/312168/374161/transaction-processing-services/vs/square-register-pos)

# Compare Transaction Processing Services vs Square Point of Sale

Canonical: https://www.softwareadvice.co.uk/compare/312168/374161/transaction-processing-services/vs/square-register-pos

> Detailed comparison between Transaction Processing Services and Square Point of Sale. Check ratings, reviews, pricing, and features to make the best decision for your business.

-----

## At a Glance

| Metric | Transaction Processing Services | Square Point of Sale |
| **Overall rating** | 5.0/5 | 4.6/5 |
| **Total Reviews** | 1 | 3024 |
| **Starting Price** | US$4,000.00 | US$0.00 |
| **Free Trial** | - | Yes |
| **Free Version** | No | Yes |
| **Deployment** | Cloud, SaaS, Web-based, Android (Mobile), iPhone (Mobile), iPad (Mobile) | Cloud, SaaS, Web-based, Android (Mobile), iPhone (Mobile), iPad (Mobile) |
| **Support** | 24/7 (Live rep), Chat | Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat |
| **Training** | In Person, Live Online, Webinars, Documentation | Live Online, Webinars, Documentation, Videos |

## Key features

### Transaction Processing Services

- API
- Data Security
- Mobile Payments
- Online Payments

### Square Point of Sale

- API
- Accounting
- Commission Management
- Customisable Templates
- Data Security
- Discount Management
- Mobile Payments
- Online Invoicing
- Online Payments
- Partial Payments
- Pricing Management
- Projections
- Real-Time Data
- Reminders
- Returns Management
- Sales History
- Security Management
- Stock Management
- Table Management
- eCommerce Management

## Links

- [View Transaction Processing Services Profile](https://www.softwareadvice.co.uk/software/312168/transaction-processing-services)
- [View Square Point of Sale Profile](https://www.softwareadvice.co.uk/software/374161/square-register-pos)
- [View Original Comparison](https://www.softwareadvice.co.uk/compare/312168/374161/transaction-processing-services/vs/square-register-pos)

-----

## Structured Data

<script type="application/ld+json">
  {"@context":"https://schema.org","@graph":[{"name":"Transaction Processing Services vs Square Point of Sale Comparison","description":"Compare Transaction Processing Services vs Square Point of Sale regarding their features, reviews, pricing, specifications, screenshots & more.","url":"https://www.softwareadvice.co.uk/compare/312168/374161/transaction-processing-services/vs/square-register-pos","about":[{"@id":"https://www.softwareadvice.co.uk/software/312168/transaction-processing-services#software"},{"@id":"https://www.softwareadvice.co.uk/software/374161/square-register-pos#software"}],"breadcrumb":{"@id":"https://www.softwareadvice.co.uk/compare/312168/374161/transaction-processing-services/vs/square-register-pos#breadcrumblist"},"@type":["WebPage","CollectionPage"],"@id":"https://www.softwareadvice.co.uk/compare/312168/374161/transaction-processing-services/vs/square-register-pos#webpage","publisher":{"@id":"https://www.softwareadvice.co.uk/#organization"},"isPartOf":{"@id":"https://www.softwareadvice.co.uk/#website"},"inLanguage":"en-GB"},{"name":"Transaction Processing Services","description":"Transaction Processing Services (TPS) is a cloud-based payment processing platform. RP Solutions’ TPS Platform includes a highly customizable suite of services for rapid deployment of integrated payment services.  TPS improves operational efficiency and reduces costs associated with Payment Processing, Document Management, Lockbox Processing, Forms Processing, Receivables Processing, and Paper Check Processing.\n\nTPS Remittance automates critical payment processing functions so you can focus on your core business of serving your customers. TPS Remittance image capture software runs locally connected to low, high speed, and full-page image scanners. Image capture files are then securely transmitted to our cloud-based TPS Platform for processing. \n\nHaving a cloud-based solution means you no longer pay for system upgrades, need internal server hardware, or 3rd party server software. TPS runs on Amazon AWS, which ensures your payments are securely processed and stored, reducing your internal IT support needs and costs. Additionally, TPS provides automatic Disaster Recovery, saving you time and money, and providing peace of mind that your most critical customer and business data is secure. \n\nTPS Remittance handles retail and wholesale payments through a common platform, streamlines processing by eliminating manual steps, expedites payment posting accelerating cash flow, improves customer service by reducing exceptions, lowers operational expenses through automation, reduces demand on internal IT resources for upgrades and system maintenance, and reduces accounts receivable posting errors.\n\nTPS Remittance has many features that will take your payment processing operation to the next level including customized configurable business rules for duplicates, high dollar items, image quality errors, and flagged transactions, recognition technology to automatically read data on checks, coupons, and forms, deposit file generation to post funds to your bank account, a central image archive with redaction of sensitive information, web-based applications for data entry, balancing, and exception management, Clearing &amp; Settlement options, advanced Extract Builder for custom extract needs, and TPS scales with your growth, which allows you to bring on additional clients without incurring added capital costs.","image":"https://gdm-catalog-fmapi-prod.imgix.net/ProductScreenshot/5ac3b85d-2fce-477f-b70a-2056af4ab6df.png","url":"https://www.softwareadvice.co.uk/software/312168/transaction-processing-services","@type":"SoftwareApplication","@id":"https://www.softwareadvice.co.uk/software/312168/transaction-processing-services#software","applicationCategory":"BusinessApplication","publisher":{"@id":"https://www.softwareadvice.co.uk/#organization"},"aggregateRating":{"@type":"AggregateRating","bestRating":5,"ratingCount":1,"ratingValue":5.0},"offers":{"price":"4000","@type":"Offer","priceCurrency":"USD"},"operatingSystem":"Cloud, Android, Platform ios, Platform ipad"},{"name":"Square Point of Sale","description":"Square Point of Sale is a cloud-based system designed to process payments and manage business operations across various industries. It serves food and beverage establishments, retail stores, beauty salons, service providers and general businesses. The system offers customizable modes with industry-specific features. Restaurants can access table management and course tracking. Retail businesses benefit from inventory controls. Beauty professionals manage appointment bookings and service providers handle invoicing and estimates.\n\nThe platform accepts major payment types, including credit cards, contactless payments, keyed-in transactions, cash and Square Gift Cards. Payments can be processed through hardware options such as the Square Handheld and Square Register, or without hardware using Tap to Pay on iPhone or Android devices. Offline payment processing is available, storing transactions during internet outages for up to twenty-four hours. Fund transfers occur automatically the next business day or instantly for a fee. Features include customizable item grids, modifier options for product variations, inventory tracking with low-stock alerts and itemized refund capabilities.\n\nSquare Point of Sale offers real-time reporting and analytics through the Square Dashboard. It tracks sales performance, identifies top-selling items and analyzes customer behavior patterns. The system integrates in-person, online and third-party application sales into a unified view. Team management features include individual staff passcodes, customizable permission settings and activity tracking. Built-in security measures include fraud protection, data security protocols, dispute management and PCI compliance standards. Additional capabilities include loyalty program management, digital and printed receipt options, automatic discount creation and remote device management across multiple locations.","image":"https://gdm-catalog-fmapi-prod.imgix.net/ProductScreenshot/bc3e6fe3-9d1a-42fb-940a-2c4c1de4c126.jpeg","url":"https://www.softwareadvice.co.uk/software/374161/square-register-pos","@type":"SoftwareApplication","@id":"https://www.softwareadvice.co.uk/software/374161/square-register-pos#software","applicationCategory":"BusinessApplication","publisher":{"@id":"https://www.softwareadvice.co.uk/#organization"},"aggregateRating":{"@type":"AggregateRating","bestRating":5,"ratingCount":3024,"ratingValue":4.6},"offers":{"price":"0","@type":"Offer","priceCurrency":"USD"},"operatingSystem":"Cloud, Android, Platform ios, Platform ipad"},{"@type":"BreadcrumbList","itemListElement":[{"name":"Home","position":1,"item":"/","@type":"ListItem"},{"name":"Government Software","position":2,"item":"/directory/4240/government/software","@type":"ListItem"},{"name":"Transaction Processing Services vs Square Point of Sale","position":3,"item":"https://www.softwareadvice.co.uk/compare/312168/374161/transaction-processing-services/vs/square-register-pos","@type":"ListItem"}],"@id":"https://www.softwareadvice.co.uk/compare/312168/374161/transaction-processing-services/vs/square-register-pos#breadcrumblist"}]}
</script>
