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The criticism that the speed of the ACH Network slowed down stimulus payments, misguided as it is, misses the fact that the rail performed extraordinarily well. In a single day, the ACH Network supported 81 million payments without issue, in addition to its regular payment volumes.

Direct Deposit is fast and reliable, and it’s the way 93% American workers get paid. In addition to payroll, Direct Deposit can be used to receive reimbursements, bonuses and more. 

More than 97% of Recipients of Social Security and Veterans Benefits Rely on Direct Deposit.

While the current national emergency is impacting daily life and business operations, the ACH Network is operating normally. Using ACH payments can provide some assistance during this difficult time.

Direct Deposit rules on payday. But you don’t have to take our word for it. The American Payroll Association’s annual “Getting Paid In America” survey backs that up. 

 

On Payday, Employee Should Know That Direct Deposit is Faster Than Paychecks.