Stor.ai unveils capability that 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.