electronic benefit transfer system
Defined in 1 place of the United States Code.
In this paragraph, the term “electronic benefit transfer system”—
(i) means a system under which a government agency distributes needs-tested benefits by establishing accounts that may be accessed by recipients electronically, such as through automated teller machines or point-of-sale terminals; and
(ii) does not include employment-related payments, including salaries and pension, retirement, or unemployment benefits established by a Federal, State, or local government agency.
Source
- 1996–present15 U.S.C. § 1693BCommerce and Trade · Regulations · in this section