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Toast VS Twelve Data

Compare Toast VS Twelve Data and see what are their differences

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Vend’s point of sale system, inventory management, and iPad POS software is used by thousands of retailers worldwide. Try our POS system free today. featured
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Toast logo Toast

Built to make restaurants better. Toast gives your restaurant the technology you need to succeed in today's fast-paced environment.

Twelve Data logo Twelve Data

The simplest and most effective way to access both realtime and historical stock, forex, cryptocurrency data, and over 100 technical indicators.
  • Toast Landing page
    Landing page //
    2022-09-17
  • Twelve Data Landing page
    Landing page //
    2023-09-23

Toast

Website
pos.toasttab.com
Pricing URL
Official Toast Pricing
$ Details
-
Release Date
2011 January
Startup details
Country
United States
State
Massachusetts
City
Boston
Founder(s)
Aman Narang
Employees
1,000 - 1,999
Edit details

Twelve Data

Website
twelvedata.com
Pricing URL
Official Twelve Data Pricing
$ Details
Release Date
-
Edit details

Toast features and specs

  • User-Friendly Interface
    Toast offers an intuitive and easy-to-use interface, which simplifies the training process for staff and minimizes operational errors.
  • Comprehensive Features
    The platform includes a wide range of features such as table management, online ordering, and inventory tracking, providing a complete solution for restaurant operations.
  • Integrated Payment Processing
    Toast includes its own payment processing, making transactions seamless and secure, and offering transparent pricing without the need for third-party processors.
  • Cloud-Based System
    Being cloud-based, Toast allows real-time access to data from any device with an internet connection, facilitating remote management and decision-making.
  • Regular Updates and Support
    Toast regularly updates its software to include new features and improvements, and it offers robust customer support to assist users with any issues.

Possible disadvantages of Toast

  • High Initial Cost
    The upfront cost of setting up Toast can be significant, which may be a barrier for small or budget-conscious restaurants.
  • Long-Term Contracts
    Toast often requires long-term contracts, which can limit flexibility and pose a risk if the system doesn't meet the restaurant's needs over time.
  • Dependency on Internet
    As a cloud-based system, Toast relies on a stable internet connection. Any disruption can affect the functionality and accessibility of the system.
  • Limited Customization
    Some users may find that the customization options in Toast are limited compared to other POS systems, which could restrict tailored experiences for specific restaurant needs.
  • Potential Overwhelming Features
    The wide array of features might be overwhelming for smaller operations that don’t need extensive functionalities, potentially making the system complex to navigate.

Twelve Data features and specs

  • Comprehensive Data Coverage
    Twelve Data provides access to a wide range of financial data including real-time and historical data for stocks, ETFs, mutual funds, indices, and forex, which is beneficial for comprehensive market analysis.
  • Affordable Pricing
    Twelve Data offers a variety of pricing plans, including a free tier with essential features, which makes it accessible to individual developers and small businesses.
  • Ease of Use
    The API is designed to be user-friendly with well-documented endpoints, making it easy for developers to integrate the service into their applications.
  • High Scalability
    Twelve Data offers robust and scalable API solutions that can handle a large volume of requests, suitable for both small projects and large-scale applications.
  • Global Market Coverage
    The platform provides data from global markets, allowing users to access information from multiple exchanges around the world.

Possible disadvantages of Twelve Data

  • Limited Advanced Features
    While Twelve Data offers a wide range of basic and intermediate features, it may lack some of the advanced analytics and tools needed by experienced traders or larger financial institutions.
  • Rate Limits on Lower Tiers
    The free and lower-tiered plans come with rate limits that can be restrictive for users requiring frequent data access or handling high traffic.
  • Dependency on API Availability
    As with any third-party data provider, users are dependent on the API's uptime and reliability, which can impact applications if there are outages or downtime.
  • Potential Data Lag for Free Plan
    Users on the free plan may experience delays or less frequent updates compared to those on paid plans, which can be a drawback for time-sensitive applications.

Toast videos

+ Add

Eating Toast For The First Time. A REVIEW 🍞 (A Spoof)

More videos:

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  • Review - JANJI JIWA JUAL ROTI BAKAR ? SUKSES / GAGAL TOTAL ? - REVIEW JIWA TOAST - Makanan Kekinian

Twelve Data videos

+ Add

Twelve Data Demo Review

Category Popularity

0-100% (relative to Toast and Twelve Data)

Toast

Twelve Data

Payments Processing
100 100%
Payments Processing
0% 0
Finance
0 0%
Finance
100% 100
Payment Platform
100 100%
Payment Platform
0% 0
Investing
0 0%
Investing
100% 100

User comments

Share your experience with using Toast and Twelve Data. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare Toast and Twelve Data

Toast Reviews

Top Restaurant Loyalty Software Options for 2023
Toast is a convenient restaurant management platform that includes a wide range of features. There’s a POS system, online ordering tools, marketing features, and more. Of course, the platform includes Toast loyalty tools.
Source: www.perfectvenue.com
POS: Best Point of Sale System Software for Small businesses
A software business called Toast is situated in Boston. The customer is promised ease of use by the Toast POS system. It creates point of sale and administration systems for restaurants. The architecture of Toast POS is cloud-based. The company also offers round-the-clock assistance.
Source: qpe.co.in
Best Restaurant POS Systems For 2019
Toast may have the most electronic and socially-distanced ordering/payment options of any of the restaurant POS systems on our list. Dine-in features for COVID-19 include a self-ordering kiosk, NFC-friendly card readers, reservation management, and a QR code payment option that customers use to pay for their meal on their phone. For customers who want to stay home, Toast...
Source: www.merchantmaverick.com

Twelve Data Reviews

  1. Andrew
    Best API for real-time financial data

    Straightforward to use and powerful API to get financial data in real-time and complete historical data. Best in class Python package.

    🏁 Competitors: Alpha Vantage, Polygon.io
    👍 Pros:    Equity data|Forex|Crypto|Affordable|Reliable

Social recommendations and mentions

Based on our record, Toast should be more popular than Twelve Data. It has been mentiond 11 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Toast mentions (11)

  • Problems with Grubhub?
    Toast is the point of sale system that many restaurants use - it integrates a lots of aspects of the restaurant https://pos.toasttab.com/. Source: over 2 years ago
  • What is the best CRM for a small business?
    Hey! I'm not as familiar with the restaurant space but I've heard good things about Toast. You may need to use their point-of-sale system to get the full benefits, but they do have a CRM, ERP tools, and some marketing capabilities built into their software. Source: over 2 years ago
  • Waitstaff, do you prefer separate checks for parties of 10-15 or waiting for them to figure out how to split the check?
    For others who are confused: Toast is a point-of-sale (POS) app used by restaurants to charge customers. Source: over 2 years ago
  • Japan: Depopulation a surefire formula for national ruin
    Even without robots, services like Toast can cut down the number of waiters needed by moving ordering & table service to smartphones. Source: almost 3 years ago
  • Data science for small businesses / restaurants
    I think toast https://pos.toasttab.com/ does this for restaurants. They sell point of sale systems, but also back office software too. That enables them to collect all the data, then they provide analytics that is supposed to help the restaurant be more profitable. Source: about 3 years ago
View more

Twelve Data mentions (7)

  • Top 5 Free Financial Data APIs for Building a Powerful Stock Portfolio Tracker ⚡
    Twelve Data provides extensive financial market coverage, making it ideal for those looking for a free API for building a stock portfolio tracker. - Source: dev.to / 2 months ago
  • Webflow Crypto Market Data Ticker
    I'd suggest Twelve Data for the financial data feed, if you have a budget for this: https://twelvedata.com/. Source: over 1 year ago
  • Where can I find a free source of historical S&P500 index data at hourly intervals?
    You can use https://twelvedata.com/ they offer an API and their free plan allows 800 credits a day so over a number of days you could get what you need. Source: almost 3 years ago
  • Weekend Discussion Thread for the Weekend of May 06, 2022
    Twelve Data has a free one but don't know how good it is. u/flarmster that's the one I was talking about. Do you know a better one? Source: almost 3 years ago
  • An ePaper ticker for PM spot prices. Code on github.
    I looked into the code and found that it uses twelvedata.com for the api. I registered there to test it out but with the free api key you can not get the price for silver it seems? "**symbol** XAG is not available with your plan." Anyone knows a free api where I can access silver charts for free? Source: about 3 years ago
View more

What are some alternatives?

When comparing Toast and Twelve Data, you can also consider the following products

Square - Square helps millions of sellers run their business-from secure credit card processing to point of sale solutions. Get paid faster with Square. Sign up today!

Alpha Vantage - Alpha Vantage offers free APIs in JSON and CSV formats for realtime and historical stock and forex data, digital/crypto currency data and over 50 technical indicators.

Lightspeed - retail and restaurant point-of-sale, ecommerce, and omnichannel solution

Polygon.io - Polygon.io offers streaming realtime data for stocks/equities, ETFs, Indecies and Forex/Currencies including crypto currencies. Our Real-Time Stock Data APIs help you build the future on fintech.

TouchBistro - iPad based Point of Sale solution for restaurants

FinancialData.net - Stock Market and Financial Data API

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