Meaning of the word "automatic payment" in English
What does "automatic payment" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
automatic payment
US /ˌɔː.t̬əˈmæt̬.ɪk ˈpeɪ.mənt/
UK /ˌɔː.təˈmæt.ɪk ˈpeɪ.mənt/
Noun
a recurring payment that is automatically deducted from a bank account or charged to a credit card on a scheduled date
Example:
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I set up an automatic payment for my monthly electricity bill.
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Using automatic payments helps you avoid late fees.