payment system

BrE: /ˈpeɪmənt ˌsɪstəm/

Definition

Definition of payment system - Reverso English Dictionary

Noun

business

TECH.

specific service or setup used to receive and send electronic payments

TECH.

The store upgraded its payment system to accept contactless cards and phones.

finance

TECH.

organized framework that lets banks and users transfer money safely

TECH.

A stable payment system is crucial for a country's economy.

Add a suggestion |

Feedback:

Expressions with payment system

💡 Discover popular phrases, idioms, collocations, or phrasal verbs. Click any expression to learn more, listen to its pronunciation, or save it to your favorites.

contactless payment system

payment method using wireless technology

Many stores now accept contactless payment system for quick transactions.

Expressions with payment

under-the-table payment

bribe given secretly to influence someone

The official accepted an under-the-table payment to approve the deal.

grease payment

illegal payment to influence someone

The company was accused of making grease payments to secure contracts.

lubrication payment

small bribe to expedite a process

The manager requested a lubrication payment to speed up the shipment.

parachute payment

compensation to employees if company is taken over

Employees were assured parachute payments in case of a hostile takeover.

make off without payment

leave quickly without paying for goods or services

He tried to make off without payment at the restaurant.

automatic bill payment

system for paying bills automatically

Automatic bill payment ensures your bills are paid on time.

Expressions with system

old-boy system

system of favoritism among former classmates

He got the job through the old-boy system.

system crash

sudden failure of a computer system

The system crash caused data loss.

spoils system

system of rewarding loyal party members with public office

Many argued that the spoils system undermined meritocracy.

turnkey system

fully operational solution requiring no setup

They purchased a turnkey system to streamline operations.

break the system

cause a system to stop working

The new software update might break the system.

cheat the system

use dishonest methods to gain advantage

He tried to cheat the system by using fake documents.

get it out of my system

express or experience something to stop feeling it inside

I needed to get it out of my system by talking about my problems.

out of one's system

adj.

no longer affecting one's emotions or thoughts

After talking it out, he's finally out of his system.

buck the system

resist or oppose established rules or authority

She decided to buck the system and start her own business.

game the system

use rules to gain unfair advantage

He tried to game the system to win the contest.

Terms with payment system included in their meaning

💡 A powerful way to uncover related words, idioms, and expressions linked by the same idea — and explore meaning beyond exact word matches.

credit card

purchase plan

financial system allowing deferred payment for goods and services

electronic wallet

finance

digital system that holds payment details for making online or contactless purchases

pay-as-you-go

adj.

payment system

involves paying costs as they occur

honesty box

payment system

unattended box for cash payments relying on trust

installment credit

payment system

credit system where payments are made in parts over time

paywall

digital media

system blocking content access without payment

pension reform

politics

change in rules or structure of a retirement payment system

postage franking

mail

system for automating postage payment

Examples of payment system in a sentence

The startup built its own secure payment system for subscription billing.
The new mobile payment system allows instant transfers between users.
A failure in the national payment system caused widespread delays in online transactions.