What do you know about Direct deposits.

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Direct deposit is an electronic payment method where funds are transferred directly into a recipient's bank account.

Direct deposit is commonly used for payroll, government benefits, and tax refunds.
It eliminates the need for paper checks and can save time and money for both the payer and recipient.
Direct deposit is secure and reliable, with funds typically available in the recipient's account on the same day they are deposited.
To set up direct deposit, the recipient must provide their bank account and routing numbers to the payer.
Direct deposit can also be used for automatic bill payments and other recurring transactions.

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