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2. What is a demand deposit account (DDA)? - AOL

   www.aol.com/finance/demand-deposit-account-dda...

   Demand deposit account vs. direct debit authorization Note that direct debit authorization, also commonly abbreviated as “DDA,” is a separate concept from demand deposit accounts.

3. Direct deposit - Wikipedia

   en.wikipedia.org/wiki/Direct_deposit

   A direct deposit (or direct credit), in banking, is a deposit of money by a payer directly into a payee's bank account.Direct deposits are most commonly made by businesses in the payment of salaries and wages and for the payment of suppliers' accounts, but the facility can be used for payments for any purpose, such as payment of bills, taxes, and other government charges.

4. Automated clearing house - Wikipedia

   en.wikipedia.org/wiki/Automated_Clearing_House

   Banking. An automated clearing house (ACH) is a computer-based electronic network for processing transactions, [1] usually domestic low value payments, between participating financial institutions. It may support both credit transfers and direct debits. [2][3] The ACH system is designed to process batches of payments containing numerous ...

5. Warrant of payment - Wikipedia

   en.wikipedia.org/wiki/Warrant_of_payment

   Finance. In financial transactions, a warrant is a written order by one person that instructs or authorises another person to pay a specified recipient a specific amount of money or supply goods at a specific date. [1] A warrant may or may not be negotiable and may be a bearer instrument that authorises payment to the warrant holder on demand ...

6. Original Medicare vs. Medicare Advantage: Which should you ...

   www.aol.com/finance/original-medicare-vs...

   To pay for Medicare Advantage premiums, you can make payments to the company or set up direct deposit. You can also request for the company to deduct premiums from your Social Security benefits ...

7. Electronic funds transfer - Wikipedia

   en.wikipedia.org/wiki/Electronic_funds_transfer

   Electronic funds transfer (EFT) is the electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer -based systems, without the direct intervention of bank staff. Funds transfers are the primary mechanism used by the business community for fast and ...