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The phrase "accepted modes of payment" is correct and usable in written English.
It can be used when discussing the various methods that a business or service accepts for transactions.
Example: "Our website now lists all the accepted modes of payment, including credit cards, PayPal, and bank transfers."
Alternatives: "approved payment methods" or "recognized payment options".
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In addition, there are two dental clinics that have integrated Dentacoin into their workflow and distribute coins to their patients, as well as accepting Dentacoin as mode of payment for dental treatments.
Credit cards are not an accepted form of payment.
Check the user's accepted methods of payment.
Before buying your money order, find out the accepted form of payment.
"Paying for something in cash elicits greater psychological pain than other modes of payment.
And also i would like to know if you do accept major credit cards as mode of payment.
Cheques shall only be accepted on account of payment.
Consider accepting additional forms of payment.
Some will accept alternate forms of payment, including debit card, check or other online payment service.
Some Circuit Courts may not accept some forms of payment, such as debit or credit cards.
Many online retailers accept these forms of payment, but not all do.
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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