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EBT
 

Electronic benefits transfer (EBT) is an electronic system that allows recipients of government benefits to authorize transfer of their monetary benefits to a retailer in order to purchase products. EBT is also used in many states to issue food stamps. EBT recipients receive a plastic card and a personal identification number (PIN), similar to a debit card, which is connected to an account that is replenished on a monthly basis.

At the point of sale (POS), an EBT recipient's card is swiped through a terminal and the recipient enters the PIN number to access his or her account. The processor then verifies the PIN and the account balance, and sends an authorization or denial back to the retailer. If authorized, the recipient's account is then debited for the amount of the purchase, and the retailer's account is credited. No money and no food stamps change hands. Payment is made to the merchant through a settlement process normally at the end of the business day.

Recommended Terminals
 
Eclipse
Supports: Credit, PIN and Signature Debit, Gift Cards, Electronic Benefits Transfer (EBT), Contactless Payments, Visa®, MasterCard®/Diners Club®, American Express®, Discover®, JCB®, and TeleCheck® Electronic Check Acceptance® (ECA®).
Uses: Retail, Automotive, Convenience Store (without petroleum), Mail-Order/Telephone Order Order/Telephone Order
Connections: Dial-up
The TeleCheck Eclipse payment terminal, designed in partnership with the payment technology experts at VeriFone, transforms a multi-payment option nightmare into a merchant's dream by eliminating the need for multiple terminals.

The TeleCheck Eclipse payment terminal, designed in partnership with the payment technology experts at VeriFone, transforms a multi-payment option nightmare into a merchant's dream by eliminating the need for multiple terminals to authorize and process checks, credit cards, debit cards, and EBT transactions. TeleCheck and the Eclipse terminal combine the benefits of the industry's largest, most accurate databases with the most advanced authorization and payment technology.

  • Supports all non-cash payment options – including checks, credit and debit cards, and EBT transactions
  • Built-in ink jet receipt printer reduces counter space, voids ECA transactions, and endorses paper checks to include subscriber number and approval code
  • Backlit touch-screen display provides user-friendly interface and exceptional visibility
  • Instantaneous authorization speeds up checkout
  • State-of-the-art check reader enables the conversion of paper checks to electronic items
  • Dual-track magnetic stripe reader automatically collects and inputs data from credit cards and driver's licenses
  • Full reporting capability provides easy access to all payment information – including both totals and details – for all payment types.
  • Stores up to 500 check and 300 card transactions
  • Check imaging allows merchants to process most checks without identification

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*Equipment offer is brought to you by Jack Roessell, Scott Corlew DBA Cardservice 101. Call for details.

  

Services by Cardservice International.
© 2009 First Data Corporation. All Rights Reserved. All trademarks, service marks and trade names referenced in this material are the property of their respective owners. The First Data Independent Sales Agent Program is operated by Cardservice International, Inc. Cardservice International, doing business as First Data Independent Sales (FDIS), is a registered ISO/MSP of Wells Fargo Bank, N.A., Walnut Creek, CA.
American Express requires separate approval.

FDIS Agent #14261 is an Independent Agent Office of Cardservice International


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