Electronic benefit transfer definition

Electronic benefit transfer means a method of transferring benefits through a centralized computer system so that an Applicant/participant may obtain his or her benefits at facilities such as automated teller machines (ATM) and point-of-sale (POS) terminals using an access device such as a magnetic stripe plastic card. "Electronic benefit transfer" includes direct deposits.
Electronic benefit transfer means a method of transferring benefits through a centralized computer system so that an Applicant/participant may obtain his or her benefits at facilities such as automated teller machines (ATM) and point-of-sale (POS) terminals using an access device
Electronic benefit transfer means a food delivery system that provides benefits using a card or other access device approved by the Secretary that permits electronic access to program benefits.

Examples of Electronic benefit transfer in a sentence

  • Electronic benefit transfer (EBT) is a safe, reliable, and economical way to provide benefit payments to individuals who do not have an account at a financial institution.

  • Therefore, if you lend your shares in the Fund, such as pursuant to a securities lending arrangement, you may lose the ability to treat dividends (paid while the shares are held by the borrower) as qualified dividend income.

  • Electronic benefit transfer (EBT) is a safe, reliable, and economical way to provide benefit payments to individuals who do not for EBT is an appropriate and reasonable use of the Secretary’s authority to designate fi- nancial agents.

  • Electronic Benefit Transfer System 470 IAC 6-6-1 Electronic benefit transfer; issuance system standardsAuthority: IC 12-13-7-6; IC 12-13-14-2Affected: IC 12-13-7-1; IC 12-13-14 Sec.

  • Rescinded IAB 10/30/91, effec- tive 1/1/92.Ch 65, p.20 Human Services[441] IAC 12/10/03, 7/7/04 441—65.36(234) Electronic benefit transfer (EBT) of food stamp benefits.


More Definitions of Electronic benefit transfer

Electronic benefit transfer or "EBT" means any electronic system which allows the department to issue and track benefits via a magnetically encoded payment card.
Electronic benefit transfer means the electronic delivery of benefits through automated teller machines, point of sale terminals, or other electronic media pursuant to section 5101.33 of the Revised Code.
Electronic benefit transfer means a system for the supplemental nutrition assistance program as an alternative to issuing a supplemental nutrition assistance program card. An electronic benefit transfer system is a computer-based system in which the benefit authorization is received through a point of sale terminal. Eligible households utilize plastic cards in lieu of supplemental nutrition assistance program coupons to purchase food items at authorized food retailers. This type of benefit may also be used to issue other types of public welfare benefits;
Electronic benefit transfer means a method that permits electronic access to Women, Infants, and Children program bene- fits using a device, approved by the department, with payments made in accordance with ch. 410.
Electronic benefit transfer means the method of transfer- ring basic food benefits from eligible participants to eligible par- ticipating retailers via a benefits card.
Electronic benefit transfer or "EBT" means Electronic Benefit Transfer and is a method that permitsbenefit distribution system that uses electronic access to WIC Food Benefits using a card approved by the Secretaryfunds transfer.
Electronic benefit transfer means the payment of benefits by direct deposit or by stored value card.