What is another word for direct deposit?

Pronunciation: [da͡ɪɹˈɛkt dɪpˈɒsɪt] (IPA)

Direct deposit is an electronic payment method where funds are transferred directly to a recipient's bank account. Some synonyms commonly used for the term direct deposit include electronic transfer, bank transfer, automatic deposit, and electronic payment. Other terms that are sometimes used to refer to this payment method are e-deposit and direct credit. Regardless of the exact wording used, direct deposit is an efficient and secure way to receive payments electronically, and it is used by millions of people around the world every day. Whether you're getting paid for work or receiving a government benefit, direct deposit is a reliable and convenient way to receive your funds.

What are the hypernyms for Direct deposit?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    banking system, payment system, financial transaction, electronic transaction, banking service.

What are the opposite words for direct deposit?

The term direct deposit refers to an electronic, paperless transfer of funds from one bank account to another. The opposite of direct deposit is a paper check, which is a physical document that needs to be taken to a bank or deposited into an account. Another antonym for direct deposit is cash payments, where money is given in the form of physical currency. A third possible antonym for direct deposit is wire transfer, where funds are electronically transferred between bank accounts but without being pre-authorized or automated. Depending on the context, direct deposit's opposite might be easy or cumbersome, time-consuming, or more prone to errors or fraud.

What are the antonyms for Direct deposit?

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