Direct Payment

Direct payment refers to a method of making a payment directly from one party to another, without the involvement of any intermediaries. This type of payment allows for quick and secure transactions, as funds are transferred directly from the payer’s account to the payee’s account. Direct payment methods can include bank transfers, electronic funds transfers, and mobile payment apps. This convenient and efficient payment option is commonly used for various purposes, such as paying bills, making online purchases, or transferring money to friends and family.