(US) An electronic system that allows state welfare departments to issue benefits using a magnetically encoded payment card.
(US) An electronic system that allows state welfare departments to issue benefits using a magnetically encoded payment card.
“The U.S. Secret Service, along with multiple law enforcement partners, conducted an electronic benefit transfer fraud and payment card skimming outreach operation late last month, preventing an estimated $5.2 million in potential losses in…”
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Regional slang from around the English-speaking world — British, Australian, Irish, Caribbean, Nigerian, Filipino, AAVE, and the hyphenated-English dialects that make the internet sound local.
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(finance) An electronic transfer of funds.
(Canada, finance) To transfer funds electronically between bank accounts.
(UK, of a benefit) For which one is automatically eligible if receiving certain other benefits.
(UK) A regular government payment made to parents or guardians for each child up to a certain age.
(US) A welfare system in which a person must attend college etc. in order to receive payment.