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Electronic Payment Services OKDHS Finance Division

Electronic Payment Services OKDHS Finance Division. Creating Positive Futures for all Oklahomans. Electronic Benefits. EBT vs. EPC. EBT—Electronic Benefits Transfer SNAP and Day Care (child and adult ) No cash benefit available . Can only be used at USDA licensed retailers or

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Electronic Payment Services OKDHS Finance Division

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  1. Electronic Payment ServicesOKDHS Finance Division Creating Positive Futures for all Oklahomans

  2. Electronic Benefits

  3. EBT vs. EPC • EBT—Electronic Benefits Transfer • SNAP and Day Care (child and adult) • No cash benefit available. • Can only be used at USDA licensed retailers or • OKDHS contracted day care facilities.

  4. EBT vs. EPC • EPC—Electronic Payment Card • Debit MasterCard or cash benefit • Can be used at any entity that accepts MasterCard • Retailers • Bank’s • ATM’s

  5. Programs on Debit Card/Direct Deposit • 2008—TANF and Child Support • Additional programs added (2008-2011) • Aid to Aged • Aid to Blind • Aid to Disabled • Adoption Subsidy • Foster Care • Sales Tax Rebate (AABD clients)

  6. Debit Card Disbursements

  7. Process • Request for Proposals Developed • OKDHS Divisions • Federal Agencies • Department of Central Services • Multi-Program document • SNAP • Day Care • Debit Card

  8. Process DCS announces RFP 90-day open period Bids received and evaluated Cost Demonstration of capabilities Efficiency References Services Technical merits Recommendation made DCS awards Bid

  9. Debit Card Costs • No development cost • No cost per case month (CPCM) • Direct Deposit option • CPCM is $0.06 each

  10. Card vs. Direct Deposit • Seventy-three percent opt for card. • Security • Convenience • Availability of funds • No bank account • In 2010, The Federal Reserve in Kansas City estimated 31.6 percent of all Oklahoma citizens are unbanked for a variety of reasons. http://www.kansascityfed.org/publicat/research/community/unbanked.bankers.pdf

  11. Debit Card use by program • Aid to Aged, Blind or Disabled 52 % • Adoption Subsidy and Foster Care 71% • Child Support 80.4 % • TANF 96.3 %

  12. Client Costs with Debit Card

  13. Savings • Postage • Materials • Fraud Reduction • FTE

  14. Questions

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