Direct payment is an efficient electronic payment alternative to paper checks.
So instead of writing a check every month, your bank will automatically make the payment on a predetermined date for you. It's that simple. Consumers and companies both benefit from direct payment. As a consumer, you'll save time preparing payments, save money on postage and check fees, improve your budgeting, eliminate the chance of a late payment and save time balancing your bank statement. Companies benefit by processing payments more efficiently and crediting them to your account quicker.