goEBT Sales Brochure 2016 CS5 06...goebt.com Trusted by Over 25,000 Convenience & Grocery Store...
Transcript of goEBT Sales Brochure 2016 CS5 06...goebt.com Trusted by Over 25,000 Convenience & Grocery Store...
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Trusted by Over 25,000 Convenience & Grocery Store Owners
EBT Card ProcessingMade Simple!
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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
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
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