The Federal Reserve Bank of Boston administers the programs for the Treasury, and they are in use at approved U.S. military facilities inside and outside the continental United States.
This method allows soldiers to purchase goods and services at U.S. military posts and canteens, without carrying cash, or manage their personal bank accounts while on deployment or in training.
[1] Originally developed in 1997, the EZpay system was born as a pilot project aimed at inductees going into basic training, to alleviate some of the stress and cost of managing money while away from home.
[2] The system provides soldiers with an advance on their wages in the form of the EZPay card, which they can use to purchase goods and services at on-base shops and stores.
Since the initial adoption of the EagleCash system, it has been augmented by ATM-like kiosks which allow soldiers to add funds to the card without visiting the base's finance office.