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2. 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 ...

3. Automated clearing house - Wikipedia

   en.wikipedia.org/wiki/Automated_Clearing_House

   Banking. An automated clearing house ( ACH) is a computer-based electronic network for processing transactions, [1] usually domestic low value payments, between participating financial institutions. It may support both credit transfers and direct debits. [2] [3] The ACH system is designed to process batches of payments containing numerous ...

4. Payment system - Wikipedia

   en.wikipedia.org/wiki/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 links bank ...

5. 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 ...

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. What Time Does Direct Deposit Hit? Direct Deposit Times at ...

   www.aol.com/time-does-direct-deposit-hit...

   Meanwhile, direct deposits from the government, such as social security benefits, arrive on the second, third or fourth Wednesday of the month. If Wednesday is a national holiday, the direct ...