Electronic Benefits Transfer (EBT) is a federally funded program designed to electronically deliver Food Stamp and Cash Benefits for family assistance.
This Program is a result of the Welfare Reform Act passed by Congress in 1996, and dictates that all states must enact EBT Food Stamp programs by October 1, 2002. EBT was created and designed to replace a vulnerable and outdated paper-based system with an integrated electronic solution capable of meeting a widening range of federal and state service requirements.
Merchant Benefits Include:
- Additional payment option.
- Improves accuracy of transaction data and timeliness of payment.
- Easier handling and depositing of program benefits
- Increased security and reduced opportunity for fraud by entry of PIN with each transaction.
- Integrated point-of-sale device with a full service offering.