Elite Payment Systems provides processing for Electronic Benefits Transfer (EBT.) Most states now
issue Food Stamps, Women's / Infants / Children (WIC), and Temporary Assistance to Needy Families (TANF) benefits
on a card with a magnetic strip. The EBT card works exactly like a debit card.
Qualified merchants are those who currently accept welfare benefits. These merchants will have an
identification number issued by the state where they conduct business. Obtaining this number is imperative to setting
up a merchant to process EBT transactions.
Rules vary by state, but Elite Payment Systems offers an important
competitive advantage by being able to set up non-traditional food stamp
merchants to issue cash benefits only.
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