mode of payment vs method of payment

Both 'mode of payment' and 'method of payment' are correct and commonly used phrases in English. They are interchangeable and can be used to refer to the way in which a payment is made.

Last updated: March 25, 2024 • 1176 views

This phrase is correct and commonly used in English.

"mode of payment"

This phrase refers to the specific way or manner in which a payment is made.

Examples:

Please select your preferred mode of payment.
We accept various modes of payment including credit card and cash.

Show examples from the web [+]

The arrangements concerning that mode of payment shall be set out in the procurement documents.
Paying agencies will have to operate two financial management systems simultaneously because of differences in the mode of payment and commitment of funds.
The parties to a licence agreement are normally free to determine the royalty payable by the licensee and its mode of payment without being caught by Article 53(1) of the EEA Agreement.
for inspection and monitoring equipment: technical characteristics, cost, planned mode of payment, inspection objectives and planned utilisation, including date of entry into service.
This document indicates mode of payment?

Alternatives:

method of payment
payment method
payment mode
way of payment
means of payment

This phrase is correct and commonly used in English.

"method of payment"

This phrase also refers to the specific way or manner in which a payment is made.

Examples:

Please indicate your preferred method of payment.
We offer different methods of payment such as online transfer and cheque.

Show examples from the web [+]

Is this document method of payment?
So, I wanted to ask what method of payment you prefer...
The procedure for obtaining a fishing licence for a vessel, the taxes applicable and the method of payment to be used by shipowners shall be laid down by mutual agreement.
The procedure for obtaining a fishing licence for a vessel, the taxes applicable and the method of payment to be used by ship-owners shall be as set out in the Annex to the Protocol.
You should verify which method of payment will be accepted by the court.
You are simply to alert me to your intentions at which point I will provide instructions regarding method of payment.
(4) The competent institution may indicate here the method of payment.
Enter transport charges method of payment code;
The competent institution may indicate here the method of payment.
What was his method of payment?
Do you have any other method of payment?
All payments, including by any method of payment allowed by the President pursuant to Article 5(2), shall be made in EUR.
All payments, including by any other method of payment established pursuant to the second subparagraph, shall be made in euros.
Box T.C.M.paym.cde (S29) - transport charges method of payment code;
Box T.C.M.paym.cde (S29) - transport charges method of payment code;
I need a boat and I need a method of payment.
The accounting records show the date they were created, the amount of each item of expenditure, the nature of the supporting documents and the date and method of payment.
They shall give the date on which documents were drawn up, the amount of each expenditure item, the nature of the accompanying document and the date and method of payment.
The procedure for obtaining a fishing authorisation for a vessel, the charges applicable and the method of payment to be used by shipowners shall be as set out in the Annex to the Protocol.
The procedure for obtaining a fishing licence for a vessel, the taxes applicable and the method of payment to be used by shipowners shall be as set out in the Annex to the Protocol.

Alternatives:

mode of payment
payment method
payment mode
way of payment
means of payment

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mode of payment vs method of payment

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