oboloo Glossary

Direct Deposit Payroll

oboloo Glossary

Direct Deposit Payroll

Direct Deposit Payroll is a service that allows employers to deposit their employees’ wages or salaries directly into their bank accounts. Through this system, employers are able to save time and money by eliminating the need to print checks, as well as reducing the risk of fraud. Additionally, direct deposit payroll ensures that employees receive their wages in a timely and secure manner – allowing them to have peace of mind over their paychecks.