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The phrase "approved the payments" is correct and usable in written English.
It can be used in contexts where a decision has been made to authorize financial transactions or disbursements.
Example: "The finance committee met yesterday and approved the payments for all outstanding invoices."
Alternatives: "authorized the payments" or "sanctioned the payments".
Exact(24)
Judge Koeltl approved the payments.
Party leaders in the Legislature had secretly approved the payments.
It said State Department officials approved the payments in the hope of keeping the shootings quiet.
The defense has vigorously argued that Tyco's board approved the payments and that the men had no criminal intent.
Blatter, a 75-year-old Swiss, faced an ethics panel to answer charges that he approved the payments.
Mr. Hill defended the checks paid to Mr. Hughes, noting that the local's executive board had approved the payments.
Similar(36)
The attorney general said Mr. Sabirin should not have approved the payment.
The board approved the payment of £11 million to Zabaxe Ltd, a company owned by my father.
James Murdoch said earlier this month that he was not given a "complete picture" when he approved the payment.
The Lower Manhattan Development Corporation approved the payment of nearly $150 million yesterday for the planning, design and engineering of enhancements to the East River waterfront.
In the immediate aftermath of the attack, Congress approved the payment of money it owed the United Nations and ratified a new ambassador, John D. Negroponte.
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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