News

Learn how e-checks work, their security features, and why they offer a low-cost, secure alternative to paper checks using the ...
The Administration will phase out paper benefit checks by Sept. 30, transitioning beneficiaries to direct deposit and Direct ...
How to Void a Check for Pre-Authorized Payments. Pre-authorized checks are payments either in paper or electronic form that permits another party to draft money from your bank account on a future ...
Starting September 2025, Social Security will stop paper checks, moving to electronic payments to improve security and ...
An electronic funds transfer (EFT) is a way to move money across an online network, between banks and people. EFT payments are frequently used in place of paper-based payment methods—like checks ...
The U.S. government has moved nearly all Social Security benefits to electronic delivery, making direct deposit or prepaid ...
The Social Security Administration is transitioning away from paper checks this year, only allowing electronic payments for beneficiaries.
Over 13,000 New Jerseyans will be affected when Social Security benefits move to electronic-only payments by Sept. 30, 2025.
It’s no secret that electronic payment methods have systematically eaten away at check volume in the United States, but now new data from the Federal Reserve shows just how far that trend has gone. A ...
Americans made 22.1 billion electronic payments using options such as e-checks in 2012, the most recent year for which numbers are available, according to a recent Federal Reserve study.