5. Issue all payments to individuals through EFT or EBT. The Secretary of the Treasury should issue requirements to implement the EFT portion of this recommendation by September 1994. For programs involving direct benefits to individuals, EFT should be the presumed method for paying new beneficiaries. Agencies should continue to aggressively promote conversion to EFT for check recipients. Special emphasis to convert promptly should be directed at federal pension and veterans benefits. The Internal Revenue Service should expedite implementation of electronic payments for tax refunds. As EBT becomes more widely available, checks issued to unbanked individuals should be phased out.
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