
Payment
Common Timing
Payment usually follows the receipt of goods or services, not before.

I'll make the payment once the repairs are completed.
Delayed 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.
Transaction Proof
Keep receipts or confirmations as proof of payment for any disputes.

After I sent the payment, I printed the confirmation email.
Compare with
CompensationDisburseExpenditureOutlayReimburseRemittanceRemunerateSettlementTransaction
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