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Employee Direct Deposit

oboloo Glossary

Employee Direct Deposit

Employee Direct Deposit is a convenient and secure way for employers to pay their employees. Instead of receiving paper checks or cash, employees can have their wages automatically sent to one or more bank accounts, saving time and effort while reducing the risk of lost or stolen payments. With Employee Direct Deposit, employers know that their employees’ pay will arrive on time and that it’s safe from unauthorized access. This means more flexibility and fewer headaches for employers and greater financial stability for employees.

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