goEBT Sales Brochure 2016 CS5 06...goebt.com Trusted by Over 25,000 Convenience & Grocery Store...

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goebt.com Trusted by Over 25,000 Convenience & Grocery Store Owners EBT Card Processing Made Simple! Visit goebt.com Today 1.800.277.5165 info @ goebt.com

Transcript of goEBT Sales Brochure 2016 CS5 06...goebt.com Trusted by Over 25,000 Convenience & Grocery Store...

Page 1: goEBT Sales Brochure 2016 CS5 06...goebt.com Trusted by Over 25,000 Convenience & Grocery Store Owners E B T Made Simple! Card Processing Visit goebt.com oday 1.800.277.5165 info@goebt.com

goebt.com

Trusted by Over 25,000 Convenience & Grocery Store Owners

EBT Card ProcessingMade Simple!

Visit

goebt.comToday

[email protected]

Page 2: goEBT Sales Brochure 2016 CS5 06...goebt.com Trusted by Over 25,000 Convenience & Grocery Store Owners E B T Made Simple! Card Processing Visit goebt.com oday 1.800.277.5165 info@goebt.com

With goEBT:

Plus!We do more than just EBT card processing. GoEBT customers enjoy the benefits of our other c-store solutions:

More!

Budgeting is Easier

Just one flat-rate every month

Your Business is Supported

We provide profitable resources and programs

You Gain More Profits

We help you maximize your money

Simple. Fair. Profitable.Most credit and debit card processing providers take advantage of businesses by charging surprise fees and confusing rates. When it comes to EBT, they just stack on more.

goEBT has stepped outside the box to provide EBT card processing WITHOUT any of the extra fees and complicated bills. Our flat-rate monthly billing allows store owners to accept as many SNAP payments as they can with the ease and comfort they deserve.

NO Equipment Costs

NO Statement Fees

NO Transaction Limits

NO Settlement Fees

NO Surprise Charges

NO MisleadingAgreements

Page 3: goEBT Sales Brochure 2016 CS5 06...goebt.com Trusted by Over 25,000 Convenience & Grocery Store Owners E B T Made Simple! Card Processing Visit goebt.com oday 1.800.277.5165 info@goebt.com

Accepting EBT is a great way for ANY store to boost their profitsOver 45 million Americans are recipients of SNAP benefits and Electronic Benefits Transfer (EBT) cardholders.

SNAP Program Participants (000’s)

Food Stamp Spending Has More Than Doubled Since 2008Total Program Outlays

That’s over $6 billion per month available to be spent at retail locations that accept EBT.

Each month, these EBT cards are automatically loaded with an average of $126.39 in SNAP benefits per recipient.

2008 2009 2010 2011 2012 2013

$39 Billion

$56Billion

$70Billion

$78Billion

$81Billion

$82Billion

Fiscal YearSource: SBC Republican Staff, OMB, CBO 2012 & 2013 are estimatesProduced by Ranking Member Jeff Sessions

25,62826,549 26,316

28,223

33,490

40,302

44,70946,609

2005 2006 2007 2008 2009 2010 2011 2012Source: USDA *CAGR=Compound Annual Growth Rate 2007-2012

12% CAGR*

Don’t Miss Out On Customer Traffic and Spending

FL

FL

WA MT ND

MN

WI

MI

MI

OR ID WY

SD

IA

IL IN OHPA

NY

VT

NH

ME

CA

NV UT COKS

NE

MOKY

WV

MDDENJCTRIMA

AZ NMOK

ARTN NC

VA

TX LAMS AL GA

SC

≥16.113.1 - 1610.1 - 138.1 - 10≤ 8

AKHI Source: USDA, Economic Research Service using

data from USDA, Food and Nutrition Service.

Percent of Population receiving SNAP benefits

There are probably more SNAP beneficiaries in your community than you think…

Most SNAP recipients are children, elderly, or disabled

47%37%

17%

Children

Elderly/Disabled

Non-elderly, Non-disabled adults

Source: CBPP analysis of data from USDA Food and Nutrition Service, PY 2010

Page 4: goEBT Sales Brochure 2016 CS5 06...goebt.com Trusted by Over 25,000 Convenience & Grocery Store Owners E B T Made Simple! Card Processing Visit goebt.com oday 1.800.277.5165 info@goebt.com

Convenience and combination stores are valuable to the SNAP program

Work participation during the previous and following year for households that received SNAP in a typical month.

Even convenience stores in areas with higher average household income levels benefit from SNAP/EBT purchases.

There are a number of reasons your customers may be SNAP EBT cardholders.

Most SNAP beneficiaries are employed, or actively seeking employment.SNAP Households with Working-Age Non-Disabled Adults Have High Work Rates

Temporary Unemployment

Injury or Disablement

Employees Traveling to the Area of Work

Unexpected emergencies or household changes

Employed in Month of SNAP Receipt

Employed Within a Year

62%58%

82%87%

Source: CBPP Calculations based on 2004 SIPP Panel data.

All SNAP HouseholdsFamilies with Children

Source: Agriculture Department, Benefit Redemption Division, 2014 annual report

Source:USDA FNS, Benefit Redemption Division, 2014 annual report

Convenience

Petroleum, combination stores,Etc.

Grocery/Specialty

Supermarkets/Superstores

Convenience

Petroleum, combination stores,Etc.

Grocery/Specialty

Supermarkets/Superstores

82%

7%

6%5%

14%

15%

41%

30%

Retailer Participation in SNAP by Store Type

SNAP Benefit Redemption by Store Type