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A Payment Method is a standardized procedure for transferring the monetary amount for a purchase. Payment Methods are characterized by the legal and technical structures used, and by the organization or group carrying out the transaction. This element is mostly used for specifying the types of payment accepted by a Business Entity. Examples: Visa, Mastercard, Diners, Cash, Bank transfer in advance.

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  • A Payment Method is a standardized procedure for transferring the monetary amount for a purchase. Payment Methods are characterized by the legal and technical structures used, and by the organization or group carrying out the transaction. This element is mostly used for specifying the types of payment accepted by a Business Entity. Examples: Visa, Mastercard, Diners, Cash, Bank transfer in advance.
  • A payment method is a standardized procedure for transferring the monetary amount for a purchase. Payment methods are characterized by the legal and technical structures used, and by the organization or group carrying out the transaction. This element is mostly used for specifying the types of payment accepted by a gr:BusinessEntity. Examples: VISA, MasterCard, Diners, cash, or bank transfer in advance.
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  • PaymentMethod
  • Payment method
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