Direct Entry (DE)

What it means

Direct entry (DE) is Australia’s bulk electronic payment method for batched, non-urgent transactions such as payroll and supplier runs, settled in scheduled runs rather than in real time. A business builds a batch of payments, each with a BSB, account number, and amount, and its bank processes them together. Example: a company runs fortnightly payroll and a weekly supplier pay run through direct entry.

Why it matters for Australian finance teams

Because direct entry batches many payments at once, a single wrong or fraudulent account in the file can send a large sum to the wrong place before anyone notices. Direct entry payments are not instant, but they are also not easily reversed once processed. If a supplier’s or employee’s banking details were changed by a fraudster, the diverted funds go out with the rest of the batch.

How ezyshield helps

ezyshield confirms the person, the business via ABN and ASIC, and bank account ownership before accounts are added to a pay run, and re-verifies whenever details change, so the accounts in your direct entry batch are ones you have actually checked. It focuses on account-based payments like direct entry, not card payments or international transfers. See verify a supplier bank account in Australia and how ezyshield works.