Poverty (noun) – The state of being extremely poor

Poverty plagues many people around the world and in the United States it affects 15% of our population, growing worse in the past few years.

It is a sick cycle affecting cultures and societies, the people within both. Poverty causes increased levels of crime. There are low levels of education because in very poor areas the schools are rundown and disadvantaged. Students go to school with little hope because they see what surrounds them and how much their parents suffer.

It can be a cause of disease as many live together in close quarters in order to afford rent. Many are without health insurance so when sickness spreads it typically goes ignored. This can eventually lead to more health complications and sometimes death.

These conditions affect 46.2 million United States citizens who live below what is defined as the “poverty threshold”, or the dollar amount the Census Bureau chooses each year to define poverty status. In 2012 it was $22,314 for a family of four people.

Poverty Meets An Effective Point of SaleAnother significant effect of poverty is hunger. Recently I shared what Feeding America does for food insecurity, however many people do not qualify. Instead, they participate in SNAP or the Supplemental Assistance Program, or food stamps. This program provides assistance to low-income families so they can put dinner on the table.

Many stores have point of sale solutions that don’t offer flexible payment plans. Meaning customers from low-income households can’t pay with both cash and food stamps.

Family Dollar is one organization trying to help bring affordable food and home products to those living in low to middle-income areas. Recently they installed a flexible point of sale system enabling them to not only improve the payment process, but also saves them time and money; enabling Family Dollar to bring more for less to those who need it the most.

Check out how SAP POS Solutions helped Family Dollar make life a little easier for low-income shoppers.