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2. What Is Direct Deposit? How It Works and How You Can Set It Up

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

   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. Direct debit - Wikipedia

   en.wikipedia.org/wiki/Direct_debit

   A direct debit instruction differs from a direct deposit and standing order instruction, which are initiated by the payer. A standing order involves fixed payment amounts paid periodically, while a direct debit can be of any amount and can be casual or periodic.

5. Electronic funds transfer - Wikipedia

   en.wikipedia.org/wiki/Electronic_funds_transfer

   Automated teller machine (ATM) transfers. 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.

6. What Is ACH Direct Deposit? - AOL

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

   The difference between direct deposit and ACH transfers is that direct deposits are transfers into your checking or savings account in the form of tax payments, government benefits or...

7. 6 Things You Must Do If You Direct Deposit More Than ... - AOL

   www.aol.com/6-things-must-direct-deposit...

   Ann Martin, director of operations at CreditDonkey, advises that if you direct deposit over $5,000 a month, it’s time to start automating your savings. “Those with an income at this threshold ...