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

- payment is commonly called the payer, while the payee is the party receiving the payment. Whilst payments are often made voluntarily, some payments are...
- National Payments Corporation of India (NPCI) is an Indian public sector company that operates retail payments and settlement systems in India. The organization...
- A payment system is any system used to settle financial transactions through the transfer of monetary value. This includes the institutions, payment instruments...
- A payment card number, primary account number (PAN), or simply a card number, is the card identifier found on payment cards, such as credit cards and...
- Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices...
- Delivery versus payment or DvP is a common form of settlement for securities. The process involves the simultaneous delivery of all do****ents necessary...
- Prompt payment is a commercial discipline which requires businesses to: agree fair and reasonable payment terms with their suppliers ensure suppliers'...
- Unified Payments Interface (UPI) is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI)...
- A payment service provider (PSP) is a third-party company that allows businesses to accept electronic payments, such as credit card and debit card payments...
- The Cross-border Interbank Payment System (CIPS) is a Chinese payment system that offers clearing and settlement services for its parti****nts in cross-border...