New York S02401 mandates the Department of Social Services to issue EMV-compliant electronic benefit transfer cards and process transactions using.
New York S02401 amends the social services law to require the Department of Social Services to issue EMV-compliant or similar electronic benefit transfer cards. It also mandates that all electronic benefit transfer system transactions be processed using dynamic data authentication. This change aims to enhance the security and efficiency of the electronic benefit transfer system, ensuring that the withdrawal of funds or processing of payments is done securely.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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