This process authorizes your employer to deposit your pay right into your checking or savings account instead of issuing a physical check, it works much quicker than with traditional banking methods.
That’s why direct deposit is so useful.ĭirect deposit is a payment option that will deposits paychecks to your bank account automatically. It’s never fun waiting for your paycheck to hit and it can be even more frustrating when your delayed paycheck forces you to pay bills late.
