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2. Direct debit - Wikipedia

   en.wikipedia.org/wiki/Direct_debit

   A direct debit or direct withdrawal is a financial transaction in which one organisation withdraws funds from a payer's bank account. [1] Formally, the organisation that calls for the funds ("the payee") instructs their bank to collect (i.e., debit) an amount directly from another's ("the payer's") bank account designated by the payer and pay those funds into a bank account designated by the ...

3. Payment system - Wikipedia

   en.wikipedia.org/wiki/Payment_system

   Payment system. A payment system is any system used to settle financial transactions through the transfer of monetary value. This includes the institutions, payment instruments such as payment cards, people, rules, procedures, standards, and technologies that make its exchange possible. [1][2] A payment system is an operational network which ...

4. What Is Direct Deposit? How It Works and How You Can ... - AOL

   www.aol.com/finance/direct-deposit-works-set...

   Direct deposit is an electronic transfer of funds from a payer to a payee’s account. You can set up direct deposits with the following types of accounts: Traditional deposit bank accounts, such ...

5. 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.

6. How To Get Paid Early When You Direct Deposit Your Paycheck - AOL

   www.aol.com/finance/paid-early-direct-deposit...

   Once the form’s filled out, submit it to your bank. You may also need to include a deposit slip or voided check. Your bank will then process it and you’ll be good to go. As for early direct ...

7. What Is ACH Direct Deposit? - AOL

   www.aol.com/ach-direct-deposit-222348700.html

   For example, one common type of ACH direct deposit is payroll or salary payments. Here is a sample look at what the process would look like if you opted for direct deposit for your paycheck ...