Questions tagged [payment]

For questions related to moving money between accounts or electronically moving funds or paying back the dues owned. Generally used in context of credit-cards, loans, bank-account.

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7 votes
3 answers
2k views

Can I get a late payment on my credit card if apr is 0% for the first 21 months?

Can I get a late payment on my credit card if APR is 0% for the first 21 months? (through a Chase Slate Edge intro offer) (I've always paid on time but I am in a situation where I might need to avail ...
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1 vote
0 answers
53 views

Tax implication receiving a payment in US from a company

I want to sell a property located in Asia. The buyer for whatever random reason wants to pay a part of the payment (500k usd) from a US corp account. I do have a personal US bank account, that is, it ...
  • 187
18 votes
18 answers
7k views

How do people with multiple credit cards keep track of their due dates and not miss payments?

I never spend more than I have and always intend to pay the full balance on my credit card statements. Because the due date changes and because they are different for each card, I sometimes forget and ...
  • 417
1 vote
2 answers
92 views

Calculating cumulated interest of mortgage within a specific time span

I like to use google sheets because of its ease of access with just a link. I have a mortgage and I need to be able to calculate the interest within a year (but I'd like to be able to do it within any ...
5 votes
1 answer
1k views

Does one's tax transcript indicate whether taxes were paid?

I looked at my tax transcript in the US, I could see the amount I was supposed to pay, but I couldn't see the amount I actually paid: or do these lines also represent the amount I actually paid?
19 votes
3 answers
5k views

What is happening every time I pay my credit card? Am I 'settling' with my bank, the credit card company, or another entity?

I understand that credit cards extend credit to customers. And that purchases incurred before the credit balance is due are nothing more than IOUs to the bank issuing the card (and also the card ...
-2 votes
2 answers
176 views

Can I change my payment method after I made a payment in a restaurant with a credit card?

I have different credit cards and they give me different cashback rates depending on the category. For example, I get 5% cashback from dining with credit card A but only 1% from dining with credit ...
  • 1,007
6 votes
1 answer
2k views

What do we mean by Over Payment in Payslip

i just got my salary and noticed that there is deduction of some amount under Over Payment. The salary slip is given in the form of a table. The table has 4 columns and many rows. For the purpose of ...
0 votes
1 answer
57 views

Information in bank statement when using remittance services

My question refers to a scenario when we send or receive payments using a money transfer service like Wise (aka TransferWise), XE, among others. What appears in the bank statement? Can the recipient ...
  • 1,025
-2 votes
2 answers
1k views

Can I trust Zelle to credit my account for added charges?

I listed a dress for $300 on FB Marketplace. The buyer uses Zelle so I set up an account because D said that was the only way she sent funds. She said she sent Zelle the money. So I get an email ...
5 votes
1 answer
866 views

Paying the IRS in installments. What is the approximated IRS interest rate?

My friend owes the IRS about $6,000 for the tax year 2021. He did some researches and found this link on the IRS webpage about paying tax in installments: https://www.irs.gov/payments/payment-plans-...
0 votes
0 answers
63 views

In which countries is AirTm restricted?

Can anyone tell me what countries are restricted by AirTm? I tried to find the list in their terms&counditions, but I haven't found anything.
1 vote
0 answers
111 views

I´m not a USA citizen, I use to had permit to work in USA, can i request to SS money back? [duplicate]

I´m not a USA citizen, I use to have a permit to work in the USA, I paid $10,605 in Social Security, and $2,682 in Medicare taxes, can I request this money back?
15 votes
4 answers
6k views

Is it a good idea to make one additional monthly payment to a mortgage?

This is an oversimplified scenario (the numbers, dates and interest rate may not be accurate as I am only asking about the strategy): I have a mortgage with a monthly payment of $1,000 and it is due ...
  • 1,007
1 vote
1 answer
61 views

Calculate total NET payment with overtime hours in a partial month

I am trying to learn how to calculate the NET payment for a partial month and the overtime (net and gross) based on some random payments and facts I found from the past. I got stuck with a specific ...
2 votes
1 answer
174 views

Who Regulates Payment Processors Like Stripe in the United States?

So, in the United States there's a bunch of financial regulators. The DoJ regulates everyone by default, but there are also plenty of more specialized orgs like the SEC, CFTC, FDIC, LGBT, and OCC. ...
2 votes
1 answer
225 views

In pay stubs what are "vacation payout"?

At a few jobs I've had there's been a small amount on my pay stub called "Vacation Payout". What exactly is this? I tried reading the legislation but am confused. Is it basically saying each ...
0 votes
1 answer
180 views

Is it safe to share my id and a picture of my id with this website? [closed]

A website is asking me to take a picture with my id card and my id card to buy Bitcoin with it. Is it safe to do so? Not in the US.
1 vote
1 answer
47 views

What does payments/credits section on an invoice represent

I have seen several invoices with a 'payments/credits' section in the invoice totals column. It was most often a negative value subtracting from the total invoice amount. I am from Croatia and the ...
1 vote
3 answers
220 views

Alternatives to cheques in the Euro zone

What is used in the Euro zone to pay (through mail for example or in hand) without using cash, and without asking for bank details? Is there any commonly used money order type of document that can be ...
  • 1,025
0 votes
2 answers
94 views

Keeping track of recurring payments/expenses to make sure they don't change

Where I work, the payroll system is tied directly to clocking in and out. Thus, if we arrive 3 minutes late, we get paid 3 minutes less and conversely leaving 3 minutes late gets paid 3 minutes more. ...
12 votes
7 answers
14k views

Could I take my car even though my mom says no?

I have recently moved out of my mother's house. I'm 19. My mom gave me her car since she got another one. I pay the car payments but she pays the insurance, but she expects me to pay all the month’s ...
  • 121
31 votes
7 answers
14k views

How can I gift $41,000 to my friend anonymously? (Australia)

We both live in Australia. I don't want him to know it's from me. But I’m not hiding from the government. I’d prefer the money to go into his bank account so he can see it's real money. I have his ...
  • 311
17 votes
10 answers
9k views

How can I buy things with monthly payments in the US?

I am a new international student in the US. In our country we didn't have credit cards like in the US and this is a new system to me. If I get a new credit card in the US with a $2000 credit line/...
0 votes
1 answer
70 views

Changing rental payment date

I could do with changing the date of my rent payment to co-incide with the payday of my new job. Normally I pay my rent on the 11th of each month, but I get paid on the 25th. Let's say my rent is £500 ...
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3 votes
3 answers
422 views

How to avoid 'authorised push payment' scam before transferring lots of money?

There is a scam called 'authorised push payment' where customers are persuaded to transfer money to a scammer, thinking they were transferring it to a reputable business, such as a conveyancing ...
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0 votes
1 answer
76 views

Mortgage Interest and Payments: Random Principal + Random Interest

What should I expect from a mortgage institution? My thought is: steady monthly payments where my interest drops by some amount each payment. Things were fine, it appears, as one payment in their ...
1 vote
1 answer
176 views

Combine bill and invoice in a single transaction

I would like to combine some bills (that I need to pay) and some invoices (that I'm being payed) into a single transaction so that it is correct with my bank statement. Is this possible? I work as an ...
30 votes
5 answers
11k views

Paid off $5,000 credit card 7 weeks ago but the money never came out of my checking account

I paid off my credit card that had a balance of over $5,000. I sent a one time payment for the total amount, about $5,100 to be exact and my credit card company received the payment and reflected it ...
  • 317
1 vote
1 answer
150 views

periodically change the IBAN number (of the payment account) for more privacy?

A colleague told me he cancels his payment account every few years and opens a new one for better privacy. He says the IBAN and various other related info should be known to as few people as possible. ...
  • 666
21 votes
4 answers
8k views

Undated cheque was given by client but client asks me continually not to deposit it

I received a cheque 3 months ago, which my client gave me to start a project and there's no date on the cheque. My client told me to ask him before depositing the cheque. The cheque was advance ...
2 votes
2 answers
119 views

How to pay a large invoice from a company in a European country from the US

Is a wire transfer the only way? I'm not near my normal bank who requires you to be in person to wire money so I'd prefer another option if it exists
  • 123
3 votes
1 answer
159 views

What is "digital euro"?

Today (October 2nd, 2020), ECB published a press release regarding "digital euro". What is it? When you pay with the credit card or make a bank transfer to another account aren't you using a ...
0 votes
2 answers
285 views

Retain wage level in another country

TL;DR: I want to move to the EU from the U.K. and keep the same pay (though not a Euro-using destination.) Is this possible? I’m living and working in the U.K. but want to move to an EU country. I ...
  • 465
0 votes
0 answers
59 views

How to distinguish if company is using first or third party payment processor. Mastercard transaction

I was the victim of a scam and fraud where a service was not provided. I have had information returned from the credit card company as part of the dispute. is anyone able to acertain or deduce from ...
8 votes
5 answers
3k views

Can a contractor convert a cryptocurrency payment into money? [closed]

Suppose that an overseas customer tells a contractor that she or he cannot pay for the job via common overseas payment options — such as an online payment, money order, payment card, bank transfer — ...
  • 117
1 vote
1 answer
118 views

What type of payment processing withdraws money from bank account whether the account has the funds or not?

Im trying to understand the terminology involved in this process. The situation im referring to is this: Some companies will charge cards, and take the money out of the account, whether your account ...
  • 165
1 vote
2 answers
148 views

Would companies pay me for some service by sending a bank transfer to me as a person?

Let's say I set up a website and contact some companies, and one of them hires my service to perform some kind of work for them. Now that they are happy with my work, they are to pay me. Do they ...
  • 11
6 votes
4 answers
490 views

Am I obligated to chase after someone to pay them?

We hired a tree removal service to remove some trees from our property. The bill was paid for by the solar company that installed our solar service. The solar company sent us a check for the tree ...
  • 171
0 votes
2 answers
169 views

Can I reverse a payment and re-pay with a different debit/credit card?

Generally speaking regarding most major merchants. I accidentally paid for something at a grocery store using a card I did not intend to use. Would it be reasonable to return to the store with the ...
4 votes
1 answer
6k views

Refund to Different Payment Card in UK

I'm in the UK. I bought something online from Debenhams, and want to return it -- it is within the return period; no problems there. However, I no longer use the card that it was bought on. Is the ...
  • 215
3 votes
2 answers
128 views

Blocking subscription autopay

I hastily signed up for a monthly subscription of Intelligence Squared since I saw that they offer free trial for a month. What I didn't realize was that you can cancel your subscription only after ...
0 votes
1 answer
122 views

Double charge while paying online

Lately I've started encountering this double charge procedure on almost every online payment I do. For example, I've ordered some food from UberEats and the bill was 20,00€ (€10,00 x 2). I ...
  • 577
5 votes
2 answers
310 views

What does it mean to pay by purchase order?

Not sure if this is the right place to ask, but I'll give it a try anyway. I sell some software online that customers pay for using a payment processing service which allows you to pay using a debit/...
  • 153
0 votes
0 answers
601 views

U.S. check in Canadian dollars?

I reside in the U.S. and need to send money, via check, to a Canadian company payable in Canadian dollars. (This is the only payment method allowed.) What's the easiest way to accomplish this? Can I ...
  • 401
1 vote
1 answer
2k views

Daily interest calculation on a 30/360 basis, considering payment occurs before schedule — how-to in Excel?

I'm setting up a payment spreadsheet for a loan just granted, and want to be able to make daily calculations of accrued interest. The debtor has been given a payment schedule with an interest only ...
1 vote
1 answer
264 views

What if the swift code is correct but wrong bank account number?

I ended up paying to an account number which i am not sure is of the receipient. However other details like swift code and bank name etc were correct. The party hasn't received the payment. I should ...
  • 11
0 votes
2 answers
294 views

Paid for motorcycle via credit card, NO dealer documents signed yet and bike has NOT been delivered yet, can i back out?

I want to back out of a purchase of a small motorcycle, but I'm not sure how to proceed. We processed my credit card info to cover the purchase price and taxes on the vehicle 39 hours ago, and now I'...
  • 29
19 votes
6 answers
9k views

Pay everything now or gradually?

I have around $45,800 is my bank account and have the following three loans: Loan 1: $6,114 with 6.8% interest rate Loan 2: $14,649.21 with 6.8% interest rate Loan 3: $2,927.25 with 5.750% Should I ...
4 votes
8 answers
1k views

Do monthly payments decrease on a mortgage later in the loan? [duplicate]

I am planning to purchase a home and all calculations and the banks say principal, interest, property tax, plus mortgage insurance will be close to $1000 per month. The calculator show that if I ...
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