How to Set up a direct deposit on Cash App? A Direct deposit is when funds are transferred electronically from one bank account to another. Direct deposit failed called an Automated Clearing House, which allows deposits to reflect automatically through bank apps, or e-wallets. Before direct deposits, customers would have to go to a bank branch and provide physical money or paper checks to make a deposit. With innovations such as Cash App, users can send funds from anywhere in the United States with an internet connection. Many Cash App users have jobs that make it difficult to go to traditional banks or live in areas where they can not easily access financial services. From paychecks to allowances, Cash App’s direct deposit feature lets depositors deposit money and give payees access to their funds remotely easily. To get a direct deposit form: Tap the Banking tab on your Cash App home screen. Select Deposits & Transfers. Select Get Direct Deposit Form. Fill out your employer information, the amount you would like to be deposited from each paycheck, and provide your signature.