Electronic Benefits Transfer (EBT)
An electronic system that allows participants in the Supplemental Nutrition Assistance Program (SNAP) to authorize transfer of their government benefits from a federal account to a retailer account to pay for fresh foods. A growing number of farmers' markets are equipped with the technology to accept SNAP benefits.
Example of Electronic Benefits Transfer (EBT):
In the United States, electronic benefits transfer is a helpful method for people who relies on food stamps program. With EBT, they can now buy foods and drinks from the nearest participating retail store.