paymentpolicies
nounUK /ˈpeɪmənt ˈpɒləsiz/
US /ˈpeɪmənt ˈpɑːləsiz/
Rules that tell people how and when they must pay for something.
The store's payment policies say you must pay before you take the toy home.
OTHER MEANINGS
2. The official rules a company follows about accepting money from customers.
The bank explained its payment policies for online transfers.
3. The agreed terms in a contract about when and how money is paid.
Both sides signed the contract with clear payment policies.
4. The rules a school or club uses for collecting fees and dues.
The club's payment policies require dues every month.