A payment is the voluntary tender of money or its equivalent or of things of value by one party (such as a person or company) to another in exchange for goods, or services provided by them, or to fulfill a legal obligation. The party making the payment is commonly called the payer, while the payee is the party receiving the payment.
Payments can be effected in a number of ways, for example:
the use of money, cheque, or debit, credit, or bank transfers, whether through mobile payment or otherwise
the transfer of anything of value, such as stock, or using barter, the exchange of one good or service for another.In general, the payee is at liberty to determine what method of payment he or she will accept; though normally laws require the payer to accept the country's legal tender up to a prescribed limit. Payment is most commonly effected in the local currency of the payee unless the parties agree otherwise. Payment in another currency involves an additional foreign exchange transaction. The payee may compromise on a debt, i.e., accept part payment in full settlement of a debtor's obligation, or may offer a discount, E.G: For payment in cash, or for prompt payment, etc. On the other hand, the payee may impose a surcharge, for example, as a late payment fee, or for use of a certain credit card, etc.
Payments are frequently preceded by an invoice or bill, which follow the supply of goods or services, but in some industries (such as travel and hotels) it is not uncommon for pre-payments to be required before the service is performed or provided. In some industries, a deposit may be required before services are performed, which acts as a part pre-payment or as security to the service provider. In some cases, progress payments are made in advance, and in some cases part payments are accepted, which do not extinguish the payer’s legal obligations. The acceptance of a payment by the payee extinguishes a debt or other obligation. A creditor cannot unreasonably refuse to accept a payment, but payment can be refused in some circumstances, for example, on a Sunday or outside banking hours. A payee is usually obligated to acknowledge payment by producing a receipt to the payer. A receipt may be an endorsement on an account as "ρáíd in full". The giving of a guarantee or other security for a debt does not constitute a payment.
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Ano mangyayari guys pag pumasok ang bayad sa bills payment sa overdue na meralco bill
nag search ksi ako na pag may disconnection notice na di na inaaccept ng meralco ang pagbayad through gcash lumagpas nadin kse dalawang araw di parin posted ung payment sa meralco eh
May tut na ba dito ng config ng Converge Modem 1 time payment?
May nag offer kase sa akin ng 1 time payment 6 months na hnd pa napuputol bayad ko nasa 5k
Kinancel ko yung plan ko sa spotify, tapos ne renew ko ulet.. bakit hindi na record yung payment sa receipt? Dapat mag babayad nako sa next payment bill para sa 1 month.? Jan 13 2023 yung validity yung subscription, tas kung mag renew dapat ito Feb, 13 na ulet next bill nito, bakit walang naka...
Mga maam/sir tanong ko lang po kung pwede pa ba mag payment ng BIR 1601-EQ tru Gcash kahit due date na ngayong araw 1/10/2023 . sabi kasi 3 days posting daw ung sa gcash . salamat
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help po nag kamali po kasi ako ng nilagyan ng gcash baka po my gusto mag paload para lang mabalik yung nilagay niya s gcash ko salamat
di po kasi verify
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Matagal po ba talaga bago mag reflect sa SSS kapag nakapag bayad ka na ng loan mo? Kinakaltasan naman ako ni company every month pero hindi sya nag rereflect sa SSS ko na nakapag bayad na ako 2months na ako kinakaltasan e. Yung Loan ko nung 2020 pa
paano malalaman sa website ng maynilad kung ung payment na prinocess thru bank or e payment eh nag post na o reflected na dun sa maynilad account?
sa merlaco kasi after 3 days ok na nag reflect na sa online pero sa maynilad wala eh
matagal po ba talaga mapost sa meralco app pag nagbayad ako via gcash ng meralco bill namin? succesfully ρáíd po sa gcah kaso sa meralco app unpaid pa rin.
salmat po