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CORPORATE AND INSTITUTIONAL GLOSSARY

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D
Current TermDirect Deposit Organization
Direct Deposit Organization
The Direct Deposit and Direct Payment Coalition was formed to promote the benefits of Direct Deposit and Direct Payment to consumers, companies and the nation. The coalition, composed of the Federal Reserve, NACHA, the Electronic Payments Association, and regional ACH associations, recognizes that Direct Deposit and Direct Payment are at the leading edge of a system that is moving quickly to electronic payments of all kinds.

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