Direct deposit is an electronic payment method banks use to transfer money directly into your account. Most employers use direct deposit for payroll, which helps ensure timely and secure payments.

Direct taxes are imposed directly on individuals and entities according to their income or wealth whilst indirect tax is imposed on goods, services or transactions and eventually paid by consumers.

Federal benefit recipients will soon be required to choose between Direct Deposit and the Direct Express debit card as traditional paper checks begin to phase out. A deadline set by the U.S.