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The phrase "a payment method" is correct and usable in written English.
You can use it when referring to a way or means of making a payment for goods or services.
Example: "We accept various payment methods, including credit cards, PayPal, and bank transfers."
Alternatives: "a payment option" or "a payment system."
Exact(58)
We expect physical cards to disappear one day and cash will continue to lose [popularity] as a payment method, but will probably never disappear completely.
"A lot of people use credit cards as a payment method – even if they pay them off every month – and I think that will continue," she said.
Add a payment method to a smartphone and connected labels to anything, and we can walk out of the shop with the object of our desire in hand - and without being done for theft.
It means a new lease of life for a payment method used in Britain for more than 300 years – one that until three years ago looked like it faced the chop.
Fernando Fanton, chief product and technology officer at online takeaway ordering service Just Eat, says that adding Apple Pay as a payment method in July last year (it was an early adopter) saw the business complete "over half a million orders using Apple Pay in the UK alone – faster growth than any other payment method".
As the currency begins to gain mainstream relevance as a payment method, this balance should shift.
But it requires a payment method and none exists on LittleHint just yet.
Facebook may then ask consumers for permission to use their bank details as a payment method.
I would have liked to have seen the inclusion of PayPal as a payment method.
Similar(2)
Do not try to make a payment to a seller that requires a Paypal with a different payment method.
A money order is a secure payment method that is convenient, affordable, and widely accepted.
More suggestions(2)
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com