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Bookmark or Share- Payee vs Payer | What's the difference? | ChaserPayee refers to the party receiving the token of money or the agreed upon mode of exchange for a good or service that they have offered when an invoice is being cleared. The payer or payor is the party making a financial settlement or any other settlement agreed upon after receiving a good or service.
- Payer Definition & Meaning - Merriam-WebsterThe meaning of PAYER is one that pays; especially : the person by whom a bill or note has been or should be paid. How to use payer in a sentence.
- PAYER | definition in the Cambridge English DictionaryCompare. payee. a good/bad/late payer. used to say if a person or organization usually pays their invoices, debts, etc., and if they pay them on time or late: Some service providers will consider applications even if you are listed as a bad payer.
- What is a payor or payer in healthcare? - Definitive HealthcareWhat is a payor? In healthcare, a payor is a person, organization, or entity that pays for the care services administered by a healthcare provider. This term most often refers to health insurance companies, which provide customers with health plans that offer cost coverage and reimbursements for medical treatment and care services.
- Payer: What it Means, How it Works, Examples - InvestopediaA payer is an individual or organization that makes payments. In finance, a payer is an entity making payments on investment products, such as bonds or dividends on stocks.
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