payment method

Definition

Related Terms

The way that a buyer chooses to compensate the seller of a good or service that is also acceptable to the seller. Typical payment methods used in a modern business context include cash, checks, credit or debit cards, money orders, bank transfers and online payment services such as PayPal.

payment thresho...

pay as you earn...

cash in advance...

cash before del...

payable through...

check conversio...

cash on deliver...

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