Payment Processing News | goEBT Blog

Benefits of Accepting EBT at Your Store

Written by Maggie Paulk | Mar 17, 2023

Accepting EBT at your store has many benefits for your business. A recent Supermarket News article  cited “SNAP households represent 24% of U.S. consumer goods spend.” Opening your doors to this new market can increase your revenue and your store’s foot traffic.

 

Supermarket News summarized a recent report about the impact of SNAP customers…

SNAP recipients are diverse

 

SNAP recipients spend more per trip

 

SNAP recipients spend more per unit

 

Private label brands are outperforming CPG in some stores

 

SNAP recipients are shopping at more regional and ethnic grocery stores

 

SNAP consumers are shifting from eating out to eating in

 

Based on the data, SNAP recipients are key customers for grocery stores, convenience stores, bodegas, pharmacies, and other specialty retailers. These customers can provide many benefits for your store, so if you aren’t accepting EBT you’re missing out on revenue. Becoming a SNAP retailer may seem overwhelming, but goEBT makes the process easy with these free resources for retailers.

 

Learn more about unlimited EBT processing for retailers