EBT Unlimited

EBT Unlimited


Over 37 million people in the U.S. participate in the Supplemental Nutrition Assistance Program (SNAP). SNAP benefits help people purchase groceries using an electronic benefits transfer (EBT) card, which functions like a debit card. To accept SNAP payments, you need to have the right equipment where a customer can swipe their EBT card, and you need a cred card processing provider (MSP) that can process the EBT payment.

With National Retail Solutions (NRS), you can take part in our EBT Unlimited program, which can help you make the most of your ability to accept EBT payments.

What Is EBT Unlimited?

SNAP allows low-income families to purchase staple grocery items at no cost to them. The EBT card allows them to tap into their SNAP benefits and pay merchants for the groceries they purchase. To accept these payments, you need EBT credit card processing services.
EBT Unlimited is a type of payment processing that allows you to accept unlimited EBT payments from customers. Rather than paying individual transaction fees each time a customer uses an EBT card, you pay one flat monthly rate. This simplifies your payment processing and can save you money if your customers frequently use SNAP benefits to pay for their groceries.

EBT Unlimited vs. Traditional EBT Acceptance

Here’s how an EBT card works: The customer swipes the card in your card reader and enters a four-digit PIN. The cashier then uses the POS system to enter the amount the customer spent on SNAP-eligible food items, and this amount is deducted from the customer’s SNAP account. Your business will receive that money within two banking days. To facilitate the payment transfer into your bank, you’ll need a credit card processing provider.

Many credit card processing providers can process EBT payments along with debit and credit card transactions. From the merchant’s perspective, processing EBT payments will look much like processing a credit or debit card payment. One key difference from your MSP’s perspective is that, whereas credit card processing involves interchange fees, card association fees and more, the cost of EBT processing is more straightforward. Traditionally, your MSP will set a certain rate for processing EBT payments.

This means that each time a person uses an EBT card to pay, you’ll be charged a fee, which will come out of the payment you receive from the customer. If your customers frequently use EBT cards to pay for groceries, these fees can quickly add up and eat into your profits.
If you want to accept EBT payments and not worry about fees accumulating, you should consider opting for a monthly flat rate to cover EBT processing. You might think this model would involve a transaction limit, but not with NRS. Our EBT Unlimited program allows you to process a limitless number of EBT transactions. You’ll just pay once a month, and you’ll never experience any hidden fees or limits.

How Does EBT Unlimited Boost Your Profits?

Why should you use EBT Unlimited to process EBT payments? When you accept an unlimited number of EBT payments, you can boost your business’s profits. The consistency and low cost of EBT Unlimited make it advantageous for your business, and when you accept EBT, you can pull in more customers.

Here are some ways EBT Unlimited can boost your profits:

1. Benefit From Consistent Budgeting

One great benefit of a consistent monthly rate rather than per transaction fees is that it makes your costs more predictable. This allows you to budget more accurately, knowing ahead of time what your costs will be for future months. Any time you can simplify your budgeting, it’s a win. It can allow you to make more informed decisions for your business, so you can increase profits.

2. Keep Processing Costs Low

As long as you frequently have shoppers paying with an EBT card, you’ll see that a monthly fee rather than a fee for each transaction can save you a lot of money. Of course, this may not be the case if you’re paying a high monthly rate, which you may find with some MSPs. Luckily, EBT Unlimited has a low monthly rate and doesn’t involve any hidden fees, so you can maximize your profits.

3. Attract Shoppers With SNAP Benefits

If you don’t currently have a way to accept EBT payments, then you’re missing out on potential profits you could be getting from the millions of people carrying around EBT cards in their purses and wallets. With a program worth over $60 billion, you can sell more when you become more inclusive and invite shoppers to pay with an EBT card. When customers know they can use their EBT card at your store, they may become loyal returning customers.

Payment Processing Through NRS Pay

NRS Pay is National Retail Solution’s payment processing service. In addition to providing small businesses with top-of-the-line POS equipment, we are also a credit card processing provider. When you use NRS Pay, you can benefit from some of the cheapest credit card processing you’ll find for small businesses. Our rates are always straightforward, with no hidden requirements or fees. In addition to credit card and debit card processing, we can also process mobile wallet payments and — of course — EBT payments.

When you partner with NRS for payment processing, we’ll gift you with a free credit card reader, so you’ll be ready to start accepting EBT, mobile, credit and debit cards in no time. With NRS Pay, you won’t have to turn away customers because you don’t have the means to accept their form of payment, and you’ll see your store’s profits grow.

Get EBT Unlimited With NRS Pay

If you want to start accepting EBT payments, make sure you complete an application with the USDA to become a SNAP authorized retailer. Once you’re authorized to accept EBT payments, all you need is the right partner to process those transactions. Make NRS your credit card processing provider for all your payment processing needs, including EBT payments. With EBT Unlimited, your customers can get the groceries they need, and you can increase your store’s revenue, all with one simple monthly fee.

Learn more about EBT Unlimited and get started today!


How to Support Local Retailers in 2020

How to Support Local Retailers in 2020

2020 has brought some unique challenges to small local retailers. To get through this time, retailers need the same thing they always need to succeed: the support of their local community. In this guide, we’ll discuss a few reasons why you should support local businesses and how to do it.

Five Reasons to Support Local Businesses

You might be wondering why supporting local businesses matters to begin with. When you support local stores, you can:

1. Stimulate Your Local Economy

One simple reason everyone should consider supporting local businesses in their area is because it stimulates the local economy. Would you rather walk down the street and see empty storefronts with For Rent or For Sale signs posted or a thriving network of local businesses? Great local businesses can draw people to live, work and visit in your town, which will continue to help your community thrive economically. This means more economic opportunity for everyone in your city or town.

2. Discover Unique Products

Big box retailers and chains can start to get old over time. Even as new products come in, you may feel that the choices are generic. When you want to discover something truly unique, local businesses are a great option. For instance, if you want to find an original piece of decor for your home, shopping at your local antique store or art gallery can feel like a treasure hunt.

3. Enjoy Personalized Customer Service

Who doesn’t appreciate great customer service? Some national and regional chains offer adequate customer service, but we’ve all experienced the frustration of being put on hold or passed around from one customer service rep to another without feeling truly heard. With a local business, you can enjoy a more personal and direct connection with the business and take up any concerns you run into with the business owner or manager directly. Local business owners are highly motivated to offer exceptional customer service.

4. Keep the Market Competitive

When you support small businesses, grocery, liquor and tobacco stores in your town and help them stay competitive, larger chains will have to maintain high standards to stay in business. Competition in a market is great for consumers, too. It means business owners are motivated to innovate, keep costs low, impress their customers and, ultimately, convince you to patronize their business instead of another one.

5. Support Local Entrepreneurs and Employees

Local retail stores are often run by entrepreneurs who are striving to provide for their families and achieve their American dream. When a local entrepreneur succeeds, it can inspire others to share their talents and open a business as well. Local businesses also create jobs for people in your community, even the ones that stay small. In 2015, firms with fewer than 20 employees added more jobs than any other small business size. To support local businesses is to support your local workers and entrepreneurs and help them succeed.

Five Practical Ways to Support Local Businesses</h2

Here are five ways you can help your local retailers:

1. Be a Loyal Customer

One of the best ways to help a local business is to become a regular customer. For example, if there’s a locally-owned grocery store that carries items you need for your favorite ethnic dish, then shop there regularly instead of at the chain down the street. It’s also a good idea to see if they have a loyalty program. Some small businesses will reward your loyal business just like the chains can, so you can enjoy special discounts.

2. Purchase Gift Cards

For some local retailers, the events of 2020 have meant they’ve had to close their doors temporarily. How can you support a business when you can’t take advantage of their services or buy their products? One great solution is to purchase gift cards. This will add to the business’s cash flow now and allow you to make purchases later. Even when businesses are open, purchasing gift cards for family or friends is a great way to support a local business and encourage others to become repeat customers.

3. Leave a Positive Review

In a 2019 survey, 36% of the respondents reported that they always read online reviews to determine the quality of a business. While many people rely on reviews to choose where they’ll shop or dine, too many people never think to leave a review to help others out. If you have a positive experience at a local store, leave a review online and help build their positive reputation.

4. Give Them a Shout Out on Social Media

If you’re enjoying browsing at a local tobacco shop with your friend, or you just got an amazing deal on avocados at your local grocery store, why not take a minute to give that local business a shout out on Facebook, Instagram, Snapchat or whatever social media platforms you use? Tag the business in your post, so your friends and followers can easily find their social media page.

5. Take Advantage of Delivery or Pickup Services

Many small, independent retailers that have had to close their storefronts due to health restrictions this year, have added features like curbside pickup and delivery services, so they can continue to serve their communities and keep their businesses running. Some stores integrate with a special shopping app that links to their checkout register, so that customers can easily order ahead. Taking advantage of these services can allow you to patronize your local businesses even if you are not able to or would rather not visit them in person due to health concerns.

Business Owners: How to Increase Local Business

Business owners can also do their part to get more local business this year. Here are a few of the ways you can help your business attract and keep customers:

  • Increase your online presence: Make sure people can find information about your business online. Even if you don’t have a website, you can use social media to share information about your business online and encourage people to shop small.
  • Run promotions: It’s no secret that consumers love getting a great deal. Some people may opt for big box stores or chains because they think they’ll get a better deal, but you can offer promotions that keep your pricing competitive and draw in new customers.
  • Reward customer loyalty: It’s also a great idea to create a loyalty program, so you can reward returning customers and keep them coming back. The POS+ from National Retail Solutions (NRS) automates this process for you and your customers.
  • Install a modern POS system: Installing a modern point-of-sale (POS) system can help you upgrade your business in a big way. This will help you gain valuable metrics to help you grow your business and modernize your checkout process for customers.
  • Take Your Local Business to the Next Level With NRS

    At National Retail Solutions, helping small businesses is central to our mission. One way we do that is with our POS+, an all-in-one POS system that can help you run your business and make checkout a breeze. Now more than ever, it’s critical that you have the tools you need to support your business. Learn more about our POS system for retail stores.