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ThryveAI Launches Online SNAP Payment Support to Help Grocers Boost Customer LoyaltyMIAMI, May 7, 2021 /PRNewswire/ -- ThryveAI, a grocery-first ecommerce platform, announced today support for Electronic Benefits Transfer (EBT) payments. Grocers using ThryveAI's platform will have the option to offer a seamless and convenient shopping experience to customers enrolled in the Supplemental Nutrition Assistance Program (SNAP) program by allowing them to securely pay for online grocery orders with their EBT cards. According to the USDA, there are now 43 million Americans relying on SNAP benefits to feed themselves and their families. Due to the global pandemic, under the American Rescue Plan, Congress recently approved an extension of increased SNAP benefits through September 2021. While navigating the sharp acceleration in demand for online grocery this past year, grocers are also facing financial and technological challenges in offering EBT payment options:
"Grocery retailers are looking to accept SNAP payments in their digital storefronts but are being met with regulatory, financial, and technological obstacles, making it extremely challenging to implement," said Neil Moses, CEO of Mi9 Retail/ThryveAI. "While larger retailers can more easily clear these hurdles, these challenges put smaller chains at a disadvantage, and at risk of losing customers. By offering an integrated EBT payment option we hope to alleviate some of these grocers' burden and make it easier for them to meet the individual needs of their customers, provide equal access to online grocery shopping, and boost customer loyalty." For more information, visit Thryveai.com or contact us at [email protected]. About ThryveAI ThryveAI is an Mi9 Retail brand delivering e-commerce solutions to grocery retailers. ThryveAI software is modular, scalable, and intelligent, enabling retailers to deliver digital storefronts, optimized fulfillment, and personalized shopper experiences to grow their businesses profitably. The company's mission is to help customers fulfill their potential while future-proofing their businesses so they can thryve in any economic environment. For more information, visit www.thryveai.com. Media Contact View original content:http://www.prnewswire.com/news-releases/thryveai-launches-online-snap-payment-support-to-help-grocers-boost-customer-loyalty-301286405.html SOURCE Mi9 Retail |