What "direct deposit" means in finance

Direct deposit is a method of electronically transferring funds from one bank account to another. This is a popular way of receiving income or making payments, as it eliminates the need for paper checks and provides a faster and more secure means of transferring money. Direct deposit is commonly used by employers to pay employees' salaries or wages, as well as by government agencies to distribute benefits or refunds. It can also be used by individuals to transfer money between their own accounts or to make payments to others.