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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 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 ...

  3. What Are the Benefits of Direct Deposit and Automatic ... - AOL

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

    With direct deposit of your paychecks and automatic payment of your bills, you don’t need to worry about mail delays and shuttered bank branches. You can access the money faster, avoid missing ...

  4. 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 ...

  5. 5 Benefits of Direct Deposit - AOL

    www.aol.com/finance/5-benefits-direct-deposit...

    With electronic statements, online banking and mobile apps, paper paychecks can seem oddly out of place. Among American workers, about 93% choose to receive paychecks by direct deposit, according ...

  6. Paycheck - Wikipedia

    en.wikipedia.org/wiki/Paycheck

    Paycheck. A paycheck, also spelled paycheque, pay check or pay cheque, is traditionally a paper document (a cheque) issued by an employer to pay an employee for services rendered. In recent times, the physical paycheck has been increasingly replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll ...

  7. 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. 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 payee.

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