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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	October 3, 2006
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  	eFunds Corporation
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	1-31951
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  	39-1506286
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	&nbsp;
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  	&nbsp;
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  	Gainey Center II, Suite 300, 8501 North Scottsdale Road, Scottsdale, Arizona
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  	85253
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
  	(Zip Code)
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  	Registrant&#146;s telephone number, including area code:
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  	&nbsp;
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  	480.629.7700
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:</FONT>
  </P>
  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  	Item 1.01 Entry into a Material Definitive Agreement.
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  On October 3, 2006, the Company entered into an Independent Consultant Agreement (the "Agreement") with John B. (Jack) Benton, who currently serves as the Company&#x2019;s Executive Vice President, Strategic Advisor.  Under the Agreement, Mr. Benton has agreed to continue to serve the Company as a senior strategic consultant following his planned retirement on December 31, 2006.  In this capacity, Mr. Benton will consult with the Company&#x2019;s Chief Executive Officer and other members of its executive leadership team on various matters such as mergers and acquisition activities, the development of the Company&#x2019;s consulting business, the creation and implementation of the Company&#x2019;s strategic plans and initiatives and other like items.<br><br>Mr. Benton will be paid $25,000 per month for the services to be performed by him under the Agreement and he will receive a supplemental payment equal to the bonus he would have received in respect of the Company&#x2019;s 2006 fiscal year had he remained in the continuous employ of the Company through the date in 2007 that bonuses are paid to the Company&#x2019;s employees generally.  The Agreement has an initial term of 12 months, subject to extension for successive one month renewal terms by mutual agreement of the parties.  The termination of Mr. Benton&#x2019;s employment at the end of 2006 will constitute his "Approved Retirement" under his option agreements, dated January 30, 2004 (40,000 shares @ $17.37 per share) and January 20, 2005 (10,000 shares @ $21.45 per share) and those certain restricted stock unit award agreements dated January 30, 2004 (10,000 units and January 20, 2005 (1,500 units).<br><br>The Agreement shall, as of January 1, 2007, supersede and replace that certain Executive Transition Assistance Agreement, dated January 30, 2004, and that certain Change in Control Agreement of even date therewith (collectively with the Transition Assistance Agreement, the "Prior Agreements") between the Company and Mr. Benton and upon the effectiveness of the Agreement, the Prior Agreements shall be terminated.  If Mr. Benton does not remain in the employ of the Company through December 31, 2006, the Agreement shall not become effective and shall be of no further force and effect immediately upon the cessation of Mr. Benton&#x2019;s employment. The Agreement shall automatically terminate upon the death or permanent disability of Mr. Benton and no further payments shall be owing thereunder from and after the date of any such event.<br><br>Mr. Benton has agreed that, absent the specific prior approval of the Chief Executive Officer of the Company, he will not engage in activities competitive with the business interests of the Company nor solicit its employees for employment by a third party during the term of the Agreement.<br><br>The foregoing summary is qualified in its entirety by reference to the full text of the Agreement, a copy of which is attached to this Current Report on Form 8-K as Exhibit 10.1.<br>
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  	SIGNATURES
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  	Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
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  	eFunds Corporation
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  	&nbsp;&nbsp;
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  <I>
  	October 5, 2006
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  <I>
  	By:
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  <I>
  	/s/ George W. Gresham
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  	&nbsp;
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  <I>
  	Name: George W. Gresham
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  <I>
  	Title: Chief Financial Officer
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  	Exhibit&nbsp;Index
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  	Exhibit No.
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  	Description
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  	10.1
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  	&nbsp;
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  John B. (Jack) Benton Independent Consultant Agreement
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_15380.htm", "description": "LIVE FILING", "secsgml_size_bytes": 12492}]
metadata_filer: {"company-data": {"conformed-name": "EFUNDS CORP", "cik": "0001109190", "assigned-sic": "7389", "irs-number": "391506286", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-31951", "film-number": "061132003"}, "business-address": {"street1": "8501 N. SCOTTSDALE RD", "street2": "GAINEY CENTER II, SUITE 300", "city": "SCOTTSDALE", "state": "AZ", "zip": "85253", "phone": "6026592135"}, "mail-address": {"street1": "8501 N. SCOTTSDALE RD", "street2": "GAINEY CENTER II, SUITE 300", "city": "SCOTTSDALE", "state": "AZ", "zip": "85253"}}
text: eFunds Corporation (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (Date of Earliest Event Reported):
  October 3, 2006
  eFunds Corporation
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  1-31951
  39-1506286
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  Gainey Center II, Suite 300, 8501 North Scottsdale Road, Scottsdale, Arizona
  85253
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  480.629.7700
  Not Applicable
  ______________________________________________
  Former name or former address, if changed since last report
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 1.01 Entry into a Material Definitive Agreement.
  On October 3, 2006, the Company entered into an Independent Consultant Agreement (the "Agreement") with John B. (Jack) Benton, who currently serves as the Company's Executive Vice President, Strategic Advisor.  Under the Agreement, Mr. Benton has agreed to continue to serve the Company as a senior strategic consultant following his planned retirement on December 31, 2006.  In this capacity, Mr. Benton will consult with the Company's Chief Executive Officer and other members of its executive leadership team on various matters such as mergers and acquisition activities, the development of the Company's consulting business, the creation and implementation of the Company's strategic plans and initiatives and other like items.
  Mr. Benton will be paid $25,000 per month for the services to be performed by him under the Agreement and he will receive a supplemental payment equal to the bonus he would have received in respect of the Company's 2006 fiscal year had he remained in the continuous employ of the Company through the date in 2007 that bonuses are paid to the Company's employees generally.  The Agreement has an initial term of 12 months, subject to extension for successive one month renewal terms by mutual agreement of the parties.  The termination of Mr. Benton's employment at the end of 2006 will constitute his "Approved Retirement" under his option agreements, dated January 30, 2004 (40,000 shares @ $17.37 per share) and January 20, 2005 (10,000 shares @ $21.45 per share) and those certain restricted stock unit award agreements dated January 30, 2004 (10,000 units and January 20, 2005 (1,500 units).
  The Agreement shall, as of January 1, 2007, supersede and replace that certain Executive Transition Assistance Agreement, dated January 30, 2004, and that certain Change in Control Agreement of even date therewith (collectively with the Transition Assistance Agreement, the "Prior Agreements") between the Company and Mr. Benton and upon the effectiveness of the Agreement, the Prior Agreements shall be terminated.  If Mr. Benton does not remain in the employ of the Company through December 31, 2006, the Agreement shall not become effective and shall be of no further force and effect immediately upon the cessation of Mr. Benton's employment. The Agreement shall automatically terminate upon the death or permanent disability of Mr. Benton and no further payments shall be owing thereunder from and after the date of any such event.
  Mr. Benton has agreed that, absent the specific prior approval of the Chief Executive Officer of the Company, he will not engage in activities competitive with the business interests of the Company nor solicit its employees for employment by a third party during the term of the Agreement.
  The foregoing summary is qualified in its entirety by reference to the full text of the Agreement, a copy of which is attached to this Current Report on Form 8-K as Exhibit 10.1.
  Top of the Form
  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
  eFunds Corporation
  October 5, 2006
  By:
  /s/ George W. Gresham
  Name: George W. Gresham
  Title: Chief Financial Officer
  Top of the Form
  Exhibit Index
  Exhibit No.
  Description
  10.1
  John B. (Jack) Benton Independent Consultant Agreement