Electronic Benefits Transfer (EBT)
Starting in the second Quarter of 2004, SmartMerchant Solutions
will provide processing for 44 Electronic Benefits Transfer (EBT)
states. EBT is a government funded program that distributes Food
Stamps and Cash Benefits under the Temporary Assistance to Needy
Families (TANF) program to recipients via direct payment cards.
These cards can be used at automated teller machines (ATMs) or at
the Point-of-Sale (POS) at merchant locations.
For more information click here: (www.nacha.org)
(www.fns.usda.gov/fns/)
Our comprehensive EBT service will provide:
- Single Point of Settlement
- Dial-up and and Lease
Line Communication
- Comprehensive Reporting
- Key Encryption Management
- Selection of Equipment
- Same Checkout Flow
as Credit and Debit Transactions
- Less Fraud and Error
Processing
- Easier Handling and
Depositing of Program Benefits
- Tracking of Benefits
Usage
Why Accept EBT
- Additional Revenue
Resource
- Reduces Number of
Paper Food Coupons that are Handled
- Reimbursement Funds
Transferred Faster Electronically
- Creates Audit Trail
which Reduces Fraud
- Government Funded
How to Get Started
For more information or to get started, give us a call at 866-348-1539,
or send us an email to: "inquiries at smartmerchant dot com".
We will contact you shortly.
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