Definition of Payment. Meaning of Payment. Synonyms of Payment

Here you will find one or more explanations in English for the word Payment. Also in the bottom left of the page several parts of wikipedia pages related to the word Payment and, of course, Payment synonyms and on the right images related to the word Payment.

Definition of Payment

Payment
Payment Pay"ment, n. [F. payment, paiement. See Pay to requite.] 1. The act of paying, or giving compensation; the discharge of a debt or an obligation. No man envieth the payment of a debt. --Bacon. 2. That which is paid; the thing given in discharge of a debt, or an obligation, or in fulfillment of a promise; reward; recompense; requital; return. --Shak. 3. Punishment; chastisement. [R.]

Meaning of Payment from wikipedia

- A payment is the voluntary tender of money or its equivalent or of things of value by one party (such as a person or company) to another in exchange for...
- A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payments processing...
- A payment system is any system used to settle financial transactions through the transfer of monetary value. This includes the institutions, instruments...
- A mobile payment, also referred to as mobile money, mobile money transfer and mobile wallet, is any of various payment processing services operated under...
- An advance payment, or simply an advance, is the part of a contractually due sum that is paid or received in advance for goods or services, while the...
- Unified Payments Interface (UPI) is an instant real-time payment system developed by National Payments Corporation of India (NPCI). The interface facilitates...
- Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices...
- A royalty payment is a payment made by one party to another that owns a particular ****et, for the right to ongoing use of that ****et. Royalties are typically...
- In international economics, the balance of payments (also known as balance of international payments and abbreviated BOP or BoP) of a country is the difference...
- A payment service provider (PSP) is a third-party company that ****ists businesses to accept electronic payments, such as credit cards and debit cards...