There is a risk to this as the recipients of much of the federal funds aren’t computer savvy and might not have e-banking setups. Hopefully, I’m overly concerned but I’ve seen many people struggle with computer only billing or banking. Not everybody has a hacker child…
It will be a scammer's wonderland as tens of thousands with little understanding of what they need to set up have no trusted, competent person to help.
Don't be ridiculous. You don't need to be computer savvy to use electronic banking. Cheques haven't been used in most countries for over a decade and the only actual difference is that you get transferred the money immediately instead of banking a cheque.
Fwiw, two factor authorization requires smartphone savvy. This is mind bending to the wall phone crowd. Not to mention the difficulty with lots of passwords that require new ones every so often. Not everybody grew up or lives digitally - there’s a whole lot of people who “had people do that for them” or didn’t work with computers in their career.