Direct deposit refers to a direct online bank to bank transfer of money from one account to another. This is one of the most convenient methods of transferring money as it does not require a lot of effort on either end. The money that is transferred is directly added into your account with requiring you to go through any authentication or complicated procedures before you receive your dues. If you are at the other end of the transaction you can use an intuit direct deposit form to transfer money to another account which will automatically be deducted from your account without a hassle.
This method removes the unnecessary trouble of paperwork from the whole process. This means that not only is this a convenient method of money transfer, but it is also a lot highly environmentally friendly as it eradicates the use of paper from the banking experience. This is why a lot of environmentally conscious companies have started to exclusively accept this form of payment. Which is good for both customers and companies. All that is needed is for people to adapt to this new format and get comfortable with it so maximum transactions can be done through this method.
Not only that, this method is highly secure as there is no risk of getting your check stolen. The movement of money to and from your account is entirely under your control. There are no extra fees or costs involved in direct deposit so it can be cheaper than other methods and essentially save you more money. There will be an online record of your transactions which will not be lost or misplaced.