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

    www.aol.com/direct-deposit-works-set-181952941.html

    Direct deposit is a payment option where your funds are electronically transferred to your checking or savings account, eliminating a need for physical checks.

  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 ...

  4. What Are the Benefits of Direct Deposit and Automatic Payments?

    www.aol.com/benefits-direct-deposit-automatic...

    You can (or may have to) sign up for direct deposit of other payments, such as your Social Security benefits, pension payouts, military retirement pay and unemployment benefits.

  5. 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 ...

  6. What Is ACH Direct Deposit? - AOL

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

    ACH Direct Deposit Quick Take. Automated Clearing House, or ACH network, payments are electronic fund transfers deposited directly into your checking or savings bank account, generally by your ...

  7. Electronic bill payment - Wikipedia

    en.wikipedia.org/wiki/Electronic_bill_payment

    These payments are typically executed electronically as a direct deposit through a national payment system, operated by the banks or in conjunction with the government. Payment is typically initiated by the payer but can also be set up as a direct debit.

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