The phrase "accumulate payments" is correct and usable in written English.
It can be used in contexts related to finance, accounting, or transactions where payments are being gathered or collected over time.
Example: "The company aims to accumulate payments from clients by the end of the quarter to improve cash flow."
Alternatives: "collect payments" or "gather payments".
This chart from Asymco, shows the accumulated payments made to suppliers of content to the iTunes store over time.
One study from the Federal Reserve Bank of Chicago found that a $1 increase in the minimum wage results, on average, in $2,800 in new spending by affected households in the following year, in large part because the increase helps workers accumulate down payments to buy cars.
Popular Power and other entrants mull a microtransaction system that will accumulate monthly payments for those who sign up.
"There is still lending (involuntarily) to underwater homeowners in the form of accumulated mortgage payments that have not been paid.
But universities, of course, also have a financial interest in recruiting Ph.D. students--as cheap labor for the grant-funded research essential to institutional prestige and one of the keys to attracting research grants and accumulating overhead payments.
Figure 2 categorizes hospitals into deciles by the ultimate accumulated Medicare payment impact per DCEQ between 1996 and 2009 and graphs the cumulative Medicare payment impact through each year (i.e., the sum of our six instruments).
Factored invoices usually feature 90-day terms at most, so that you will not end up with a huge accumulated interest payment.
If in due course the rental payments accumulate to the sale price, ownership is transferred to the purchaser.
Their monthly mortgage payments accumulated, until a collection agency placed a lien on their house.
Five years of savings might offer 60 months of time to accumulate a down payment, but aim for 54 months of savings so you'll have your deposit ready ahead of time.
