ElitePay Global Facilitates EBT Payment Processing for Merchants

Located in Henderson, Nevada, ElitePay Global began offering merchant payment-processing services more than 25 years ago. In continuing its role as a quality provider of check- and card-payment services, ElitePay Global enables merchants to process many forms of consumer-to-merchant payments. In recent years, the company has recognized the significance of enabling its affiliated merchants to accept Electronic Benefits Transfer (EBT) cards for cash and food transactions.

Q: What is EBT?
A: EBT is the electronic payment transfer system utilized by both federal and state governments to deliver cash- and food-assistance payments to qualified recipients of Social Security benefits as well as programs like the Supplemental Nutrition Assistance Program (SNAP), the Special Supplemental Nutrition Program for Women, Infants and Children (WIC), and Temporary Assistance to Needy Families (TANF).

Q: Why is a merchant’s ability to process EBT card payments of significant benefit to both consumers and merchants?
A: From November 2013 through September 2014, it is estimated that nearly 50 million Americans will receive SNAP or cash-assistance payments via EBT. These transactions will conservatively amount to tens if not hundreds of millions of dollars. It is estimated that Social Security recipients will be paid upwards of $65 billion in the current fiscal year. Many of these recipients elect to receive their benefits via EBT cards. By accepting EBT cards for payment processing, both merchants and consumers benefit from greater convenience and lower transaction costs.

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Security Training with the PCI Rapid Comply Program

Dedicated to meeting the payment-processing needs of small- and medium-sized merchants, ElitePay Global provides a variety of merchant support information on its website. As a part of this commitment, ElitePay Global directs clients and potential clients to the PCI Rapid Comply resource.

Sponsored by FirstData Corporation, the PCI Rapid Comply program helps merchants operate within the security requirements set forth by the Payment Card Industry Security Standards Council. This organization has compiled a comprehensive set of security requirements that all merchants must meet if they wish to accept payment cards. Merchants must also demonstrate their compliance via a self-completed annual questionnaire and must agree to a quarterly scan of network vulnerability, if risk factors suggest such a review process may be needed.

The PCI Rapid Comply program guides merchants through completion of the questionnaire. The program also includes a scanning tool in support of those vendors who are required to undergo the quarterly scan. Furthermore, the program allows users access to phone, chat, and email support. Any merchant charged a compliance service fee is eligible to use the program; participation fees appear on the merchant’s account statement.