payments en
Payment method
payments
Plain-language definition
Plain-language definition
The instrument or service a customer uses to pay.
Why it matters
Available methods affect conversion, fees, fraud controls, and when sellers receive funds.
Technical detail
A payment method represents rails and credentials such as cards, bank debits, or wallets, each with distinct confirmation, settlement, refund, and dispute behavior.
Examples
- A customer chooses a card instead of a bank debit at checkout.
Related terms
Sources and review
Reviewed July 12, 2026 by [email protected]. Next review due January 11, 2027.
- Payment methods — Stripe Accessed 7/11/2026
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