News

Stor.ai unveils capability that process digital transactions involving food stamps

Friday 22 January 2021 12:48 CET | News

Stor.ai has revealed the launch of a new capability which enables retailers of all sizes to accept and process digital transactions involving food stamps.

As of July 2020, over 40 million Americans participated in the Supplemental Nutrition Assistance Program (SNAP), a means of supplementing the food budgets of families in need. Most ecommerce providers have typically not accepted food stamps, requiring shoppers to visit stores in-person. Via Stor.ai's latest innovation, grocers can reach out to a wider clientele, including families using food stamps to purchase grocery products when conducting online orders.

Most SNAP payments today are made through EBT (electronic benefit transfer) payment cards. Stor.ai enables grocers to accept split payments involving multiple payment methods, as well as automatically adding virtual tags to retailers' online interfaces displaying which items are EBT-eligible.


More: Link


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Stor.ai, product launch, food stamps online, commerce, grocers, retail, EBT, payment cards, online payments, US
Categories: Payments & Commerce | Online Payments
Countries: United States
This article is part of category

Payments & Commerce