Choosing between Korona POS and Payanywhere for your business? Both are popular retail solutions, but they serve different needs. Korona POS starts at $59/month and is Retail POS with no contracts, no fees, and processor flexibility., while Payanywhere starts at $49.95 (terminal) + 2.69% per transaction and is Mobile payments and POS for small businesses. This comprehensive comparison will help you decide which POS system is the right fit for your operation.
Quick Comparison: Korona POS vs Payanywhere
| Feature | Korona POS | Payanywhere |
|---|---|---|
| Category | Retail | Multi-Industry |
| Starting Price | $59/month | $49.95 (terminal) + 2.69% per transaction |
| Rating | 4.7/5 | 3.9/5 |
| Target Business | Small Business | Small Business |
| Pricing Model | Subscription | Transaction-based |
| Free Trial | Yes | No |
| Free Version | No | No |
| Best For | Liquor stores, convenience stores, retailers wanting processor flexibility | Small businesses wanting fast funding |
Korona POS Overview
Korona POS is a cloud-based system for retail and quick service with no contracts, no hidden fees, and free support. Features include unlimited users, strong inventory, and processor-agnostic payment flexibility.
Korona POS is offered by COMBASE USA (founded 2011) based in Durham, North Carolina, USA. The system focuses on Retail, Quick Service, Liquor Stores, Convenience Stores.
Key Features:
- Cloud POS
- Unlimited users
- Inventory management
- eCommerce integration
- Reporting
- Gift cards
Payanywhere Overview
Payanywhere offers mobile payment solutions with card readers and POS apps. Features next-day funding, invoicing, and business management tools for small businesses.
Payanywhere is offered by North American Bancard (founded 2011) based in Troy, MI. The system focuses on Retail, Service, Mobile.
Key Features:
- Mobile POS
- Card Readers
- Invoicing
- Next-day Funding
- Inventory
- Analytics
Feature Comparison
Korona POS Features:
- Cloud POS
- Unlimited users
- Inventory management
- eCommerce integration
- Reporting
Payanywhere Features:
- Mobile POS
- Card Readers
- Invoicing
- Next-day Funding
- Inventory
When comparing features, Korona POS stands out with No contracts ever, while Payanywhere differentiates itself with Next-day funding. Your choice should depend on which features align better with your specific business requirements.
Pricing Comparison
| Pricing Aspect | Korona POS | Payanywhere |
|---|---|---|
| Starting Price | $59/month | $49.95 (terminal) + 2.69% per transaction |
| Pricing Model | Subscription | Transaction-based |
| Price Range | Mid-range | Budget |
| Free Trial | Available | Not available |
| Free Version | No | No |
Payanywhere is more budget-friendly, making it a better choice for cost-conscious businesses. Consider the total cost of ownership including hardware, processing fees, and add-on modules when making your decision.
Pros and Cons
Korona POS
Pros:
- No contracts
- No hidden fees
- Processor agnostic
- Unlimited users
- Free 24/7 support
Cons:
- Less known brand
- Limited restaurant features
- Interface not as modern
Payanywhere
Pros:
- Next-day funding
- Free mobile app
- Multiple hardware options
- Invoicing included
Cons:
- Mixed customer reviews
- Transaction fees vary
- Contract requirements possible
Who Should Choose Korona POS?
Korona POS is ideal for Liquor stores, convenience stores, retailers wanting processor flexibility. The system is particularly well-suited for Retail, Quick Service, Liquor Stores, Convenience Stores.
However, Korona POS may not be the best fit for Full-service restaurants, large enterprises.
Who Should Choose Payanywhere?
Payanywhere is ideal for Small businesses wanting fast funding. The system is particularly well-suited for Retail, Service, Mobile.
However, Payanywhere may not be the best fit for Large operations needing advanced POS.
Our Recommendation
Both Korona POS and Payanywhere are solid POS solutions, but they excel in different areas. Choose Korona POS if you’re Liquor stores, convenience stores, retailers wanting processor flexibility. Choose Payanywhere if you’re Small businesses wanting fast funding. Korona POS has a higher user rating (4.7 vs 3.9). We recommend trying demos or free trials of both systems before making your final decision.
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