#direct-deposit

#direct-deposit

The federal government has been trying to rid itself of paper checks and reap the cost benefits of electronic payments for years. "Electronic payments such as direct deposit are safer than checks, allow quicker access to funds, and have less risk of fraud," Fiscal Service Chief Disbursing Officer Linda Chero has said previously. "With paper checks over 16 times more likely to get lost, stolen, altered, or delayed, we encourage those still receiving paper checks to make the switch today."