Square stands among the most well-known names in payments today due to the wide range of payment methods that its equipment claims to support. What about EBT cards or electronic benefits transfer cards? Does Square accept SNAP?
Even though Square is a popular name, the features and availability of Square for payment processing differ greatly among business owners.
Some consumers, for example, claim that their payment site only takes branded credit and debit cards but not prepaid cards.
Others picked Square to offer clients in-store gift cards, but they allege that this feature isn’t always available. Others report that Square abruptly terminated their account.
Does Square accept EBT
Yes, Square accepts EBT. Square has partnered with TotilPay to allow EBT-authorized retailers to accept SNAP payments using their existing Square accounts and hardware.
TotilPay’s simple register software with comprehensive capabilities allows you to perform an unlimited number of EBT transactions.
Square allows you to accept EBT card payments in this way. You can either utilize an EBT merchant account provider like Bankcard or download an app from Square’s Marketplace and use it instead of the Square App for processing EBT card payments.
How does Square work with EBT
It is natural for business owners in the market for a merchant services provider to be concerned about the kinds of payments that their potential supplier can handle the processing. Consumers are advancing at the same rapid pace as the payments sector, and they want to transact using the payment method of their choice.
All of the money from the sale will be transferred into your Square account as usual because the transaction is performed on Square equipment connected to your Square account.
However, when it comes to processing electronic benefit transfer cards in food stores, Bankcard does not have nearly as many restrictions or hurdles to jump through.
You will receive everything you need to accept EBT cards from customers. There is no need to worry that the software and hardware won’t match because the equipment and processing software is already built-in.
This is all included for a single monthly charge, and there are no transaction fees.