When you input your direct deposit information into the Where's My Payment tool at the IRS, it will not result in an instant or next day payment.
While the IRS has not shared with us (or anyone) the payment schedule, we do know that how quickly the deposit is made after this depends on a variety of factors including whether the IRS has sufficient data on file to determine your payment eligibility and amount. The tool is a way to provide part of the information to the IRS, but it is not the tool that disburses the money - other applications must process your data to get the payments to you.
The IRS tool is, unfortunately the only way to check on your status. Once you have entered your data, you can check up to once daily for the update that will reflect your payment date.
There is a ton of data being processed for hundreds of millions of taxpayers, and the IRS is working to get payments out to folks as quickly as possible, but the process has just begun and it will take a number of weeks yet to complete.
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