EBT (Electronic Benefit Transfer)
Electronic Benefit Transfer (EBT) is a system of electronic funds transfer that enables state welfare departments to issue benefits such as food stamps, cash assistance, and other benefits via a debit card or direct deposit. EBT is used in the procurement process as a cost-effective way to distribute funds to individuals, businesses, and organizations. The program is designed to provide the flexibility and control needed for secure payments, while helping to ensure accuracy and compliance with government regulations.