What is Direct Payment? - Methods & Forms


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What two pieces of checking account information are needed to setup direct payment?

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1. What form of payment is used when a certain amount is deducted by a company automatically each month?

2. Which one is not an example of a bill often paid using direct payment?

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About This Quiz & Worksheet

You can anticipate being asked about topics such as setting up an automatic payment, bills paid automatically to a company, and other qualities of this type of payment.

Quiz & Worksheet Goals

On this quiz/worksheet, you'll be faced with questions on:

  • The two pieces of information necessary for automatic payment setup
  • The term for this automatic form of payment
  • Bills one might pay automatically
  • Con of withdrawals done automatically
  • How automatic payment is applied

Skills Practiced

  • Information recall - access the knowledge you've gained regarding the application of an automatic payment
  • Interpreting information - verify that you can read information regarding the arrangement of payment made to a company automatically and interpret it correctly
  • Reading comprehension - ensure that you draw the most important information from the related automatic payments lesson

Additional Learning

If you read What is Direct Payment? - Methods & Forms, you can learn a great deal more about direct payment. The lesson targets concepts such as:

  • Other terms used to refer to direct payments
  • The mechanics of direct payment
  • Uses of direct payment