Payment/ˈpeɪmənt/ Definition 1 of 4Pro Tip 1/3Common Timing Payment usually follows the receipt of goods or services, not before. I'll make the payment once the repairs are completed. Pro Tip 2/3Delayed Transaction Sometimes, payment can be delayed with an agreement, termed as 'on credit'. I bought the sofa on credit; the payment is due next month. Pro Tip 3/3Transaction Proof Keep receipts or confirmations as proof of payment for any disputes. After I sent the payment, I printed the confirmation email.