If you're a business owner looking to increase your customer base and boost sales, accepting EBT payments is a smart move. Electronic Benefit Transfer (EBT) is a government program that provides assistance to low-income individuals and families, making it an essential part of many households' financial resources. By accepting EBT payments, you can tap into this market and create a more inclusive shopping experience for your customers. In this comprehensive guide, we'll walk you through the...
By Lori London
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2016 SNAP Summary: Stocking Rule Change Deadline Coming Soon
We're well into the year 2017, and the May 17th deadline for ensuring your store is up to date with new SNAP retailer stocking regulations is fast approaching. If you haven't already, look over the changes that have been made to stocking requirements and make sure your store is carrying all the right products to maintain SNAP retailer eligibility.
Also, if you haven't already, you should take some time to look over 2016's SNAP Retailer Management Year End Summary. Some of the highlights include:
- 260,115 firms eligible to accept SNAP benefits as of September 30th
- 26,301 new SNAP eligible firms
- 22,403 firms removed from SNAP
- A total of $66,376,562,067 in SNAP benefit redemption
For more details and a breakdown of firm and redemption activity, check out the full PDF.