Aug 14, 2018
In this episode, the NBPCA talks with Kurt Helwig, president and CEO of the Electronic Funds Transfer Association (EFTA), and Amy Duncan, the direct of project management at CDP, Inc. and the chair of the EFTA’s egovernment payments council. We discuss how prepaid is used to implement Electronic Benefits Transfer (EBT) to make it easier and less expensive for governments to distribute benefits.
If you want to learn more about the EFTA, you can visit their Web site at: https://efta.org/
To learn more about the size and segments of the government benefits market, please see the Federal Reserve’s Report to Congress on Government-Administered, General Use Prepaid Cards(august 2018).
To see what companies operate EBT programs in the various states, you can visit the U.S. Department of Agriculture’s Food and Nutrition Service EBT Highlights Site.