Iowa Code 234.12A – Electronic benefits transfer program
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1. The department shall maintain an electronic benefits transfer program utilizing electronic funds transfer systems for the supplemental nutrition assistance program. The electronic benefits transfer program implemented under this section shall not require a retailer to make cash disbursements or to provide, purchase, or upgrade electronic funds transfer system equipment as a condition of participation in the program.
Terms Used In Iowa Code 234.12A
- Department: means the department of health and human services. See Iowa Code 234.1
- Department: means the department of health and human services. See Iowa Code 249L.2
- Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) Source: OCC
- United States: includes all the states. See Iowa Code 4.1
2. A point-of-sale terminal which is used only for purchases from a retailer by electronic benefits transfer utilizing electronic funds transfer systems is not a satellite terminal as defined in section 527.2.
3. For the purposes of this section, “retailer” means a business authorized by the United States department of agriculture to accept supplemental nutrition assistance program benefits.