More and more financial companies are doing away with the tedium of manual direct deposit switching and moving towards an automated system.
Today, more than 93% of US-based workers are paid via direct deposit, and consumers increasingly demand more flexibility and speed when it comes to getting paid. Manual direct deposit switching is tedious, time consuming, and risks customer attrition through the use of paper forms. Yikes.
Pinwheel’s deep expertise working with top fintechs and neobanks has made one thing clear: For financial service providers, becoming the primary account represents the gateway to maximizing customer lifetime value (LTV), and automated direct deposit switching is the key. From this guide, you will:
Realize the lifetime value that direct deposits can bring to your business
Understand the best practices around automated direct deposit switching
Learn about Pinwheel’s experience automating direct deposits for leading financial companies
The time to automate is now. Download Pinwheel’s Ultimate Guide and start delivering the seamless experiences your customers crave.
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