What is the EPPICard?
The EPPICard is a debit card, used by states to make cash transfers to people who are beneficiaries in various programs, such as those that revolve around child support, those that revolve around unemployment compensation and so on. The EPPICard is a state-based, rather than a federal, venture. The EPPICard can take the form of a Visa Card in some cases (seemingly, most of the cases). The EPPICard can also take the form of a MasterCard in some cases. The said EPPICard is best viewed as a replacement for the paper checks through which people used to receive child support, unemployment compensation and other forms of payments from their respective states. The card is more convenient to work with and faster compared to the checks, hence the decision by most states to migrate from check payments to those made through cards like these.
Who loads funds into the EPPICard?
State agencies load funds into the EPPICards. You notice, for instance, that each state has an agency charged with the role of administering child support payments. That is the agency which, in that state, is likely to end up loading funds into EPPICards, just he way it would traditionally have sent check payments to the targeted recipients.
How are the funds in the EPPICard used?
Some people withdraw these funds from automatic teller machines (in the form of hard cash). Others opt to go shopping with the EPPICards, such that having selected products, they proceed to pay for them by presenting the loaded EPPICards at checkout points.
How does one get the EPPICard?
One gets the EPPICard (for the first time) upon application and subsequent enrollment in the program through which funds are supposed to be disbursed via the card – like, say, the child support program.
How much does the EPPICard cost?
The first time people are issued with EPPICards, they may not be charged anything, though replacements are often charged for. There are also transaction fees, like for withdrawals, though again in some cases, card users may be allowed to have some transactions free of charge (like, say, one free withdrawal every month).
Is the EPPICard replaceable?
Yes, the EPPICard is replaceable if, for instance, it gets lost or stolen, or if it gets expired (seeing that it is, in actual fact, a debit card liable to get ‘expired’ at some point).