Debit payments refer to transactions where money is taken or deducted directly from a person's bank account to pay for a purchase or bill. It means that the payment is made using the person's own funds, rather than using credit or borrowing money.
Full definition
Synonyms for individual words can be found below.
«debit»
«payments»
Phrases with «debit payments»
Sentences with «debit payments»
- Individual taxpayers who owe up to $ 50,000 can now pay through monthly direct debit payments for up to 72 months. (supermoney.com)
- Term are flexible and borrowers who enroll in automatic debit payments receive a rate reduction. (supermoney.com)
- Performed a wide variety of duties; which included accepting cash, credit, or debit payment for purchases. (jobhero.com)
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