payment service

noun

Any service provided by a financial institution to allow one person or organization to pay another for a product or service.

Ask AI about this wordChatGPTClaudePerplexityGoogle AIGrok

Meanings

nounpayment service (plural payment services)

plural payment services

  1. businessAny service provided by a financial institution to allow one person or organization to pay another for a product or service.
Cite this entry
APA

payment service. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/payment%20service

MLA

“payment service.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/payment%20service. Accessed November 2, 2026.

Chicago

WatkinsX Dictionary, s.v. “payment service,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/payment%20service.

Source: payment service on Wiktionary, CC BY-SA 4.0.