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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. ANCHOR Payments Arrive Early In NJ: See When You’ll Get Yours

    patch.com/new-jersey/across-nj/anchor-payments...

    ANCHOR Payments Arrive Early In NJ: See When You’ll Get Yours The payments for the 2020 tax year are coming ahead of schedule, with more than 700,000 residents being sent direct deposits...

  5. 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.

  6. Electronic funds transfer - Wikipedia

    en.wikipedia.org/wiki/Electronic_funds_transfer

    Direct deposit payment or withdrawals of funds initiated by the payer; Direct debit payments in which a business debits the consumer's bank accounts for payment for goods or services; Electronic bill payment in online banking, which may be delivered by EFT or paper check; QR code payment is a payment initiated using a QR Code scanned from a ...

  7. Automated clearing house - Wikipedia

    en.wikipedia.org/wiki/Automated_Clearing_House

    ACH credit transfers are initiated by the payer and include payments such as: direct deposits, payrolls, retail payments and vendor payments. ACH direct debit collections are initiated by the payee with pre-authorization from the payer; ACH direct debits include consumer payments such as utility bills, insurance premiums , mortgage loans , and ...

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