EBT - Electronic Benefits Transfer Processing
Electronic Benefits Transfer (EBT) is growing at a tremendous rate. Government programs such as food stamps, Women/Infants/Children (WIC), and Temporary Assistance to Needy Families (TANF) issue benefits on an EBT card. The card works like a debit card, with electronic payment authorization.
In many states, EBT cards are the primary source for government-issued benefits. Today, more than 80 percent of food stamp benefits are issued on EBT cards. Financial experts predict that social security and other benefits will eventually be issued on EBT cards.
As EBT becomes a more frequent form of payment, merchant businesses should be prepared. Once merchants are enrolled in the Cynergy Data EBT program, they can increase their customer base by accepting government-issued benefit cards.
To learn more our EBT Program email us by filling out the form below. Be sure to include EBT Program in your message.