Xerox Wins Illinois Electronic Benefits Transfer Contract, Builds on Successful Program
DALLAS – The state of Illinois has turned to Xerox (NYSE: XRX) to support a program that helps people in need make ends meet.
Under a five-year contract valued at $42 million with the option for a five-year renewal, Xerox will provide the state with electronic benefit transfer (EBT) services to distribute benefits for the Supplemental Nutrition Assistance Program (SNAP, formerly known as food stamps), as well as cash assistance on a reloadable card. The card can be used for approved purchases at authorized retailers and ATMs.
Xerox has supported Illinois’ program since 2003 as a subcontractor and is now the prime contractor, processing transactions, managing interactions with retailers and ATM networks, issuing EBT cards and providing customer support.
Xerox is a leader in EBT services, helping an estimated 20 million people in 16 states with programs that make it simpler for recipients to get cost-effective and convenient access to their benefits.
“We see firsthand the challenges states face. We’re able to take that knowledge, and design programs that fit the needs of states now and into the future,” said Nancy Collins, group president, State Enterprise Solutions, Xerox. “For more than 15 years, EBT has been one of our many solutions designed to lower the cost of government while improving the ease of use of people who depend on the states’ services.”
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