What is Payment?
[[File:Tax payment.jpg|thumb|Tax payment]] A '''payment''' is the [[transfer]] of something from one [[Party (law)|party]] to another. Giving money to a company is a payment, for example. A payment is usually made for [[good (economics)|goods]] or [[Service (economics)|service]]s. The oldest form of payment is [[barter]]. Barter is a simple form of payment. It is the transfer of one good or service for another. Today, payment is usually with [[money]], [[cheque]], [[Debit card|debit]], [[Credit card|credit]], [[bank transfer]], or [[mobile payment]]. In transfers between [[business]]es, sometimes payments can be complicated, with [[stock]] and other things. In [[law]], the ''payer'' is the party that sends the payment and the ''payee'' is the party that gets the payment. {{stub}} [[Category:Money]] [[Category:Finance]] [[Category:Commerce]]