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The lesson begins with an introduction from the instructor, Pacific, discussing direct deposit, which enables employees to receive their pay directly into their bank accounts instead of using physical checks. Pacific presents the direct deposit authorization form that needs to be completed for this process. Key information required for the form includes the individual's name (example given: Pacific), address (including an example), city (Louisville), state (Kentucky), and zip code. The tutorial emphasizes the importance of accurately providing this information to successfully set up direct deposit for paychecks.