What is a Direct Deposit?
Any payment made into an account directly from an end user’s bank account through their internet banking portal/mobile app using regular EFT is known as a direct deposit, this payment is outside of the Stitch flow and directly paid to a beneficiary account which in most cases is the merchant's account.
Disclaimer:
Except otherwise stated with clear and detailed instructions from the merchant, please do not make direct deposit payments from the banking app/internet portal, instead, always use the merchant's website/app. If you have already made a payment as a direct deposit, please contact the merchant regarding your funds.
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