collect payment

USAGE SUMMARY

"collect payment" is a correct and usable phrase in written English.
You can use it when referring to the process of gathering payment in exchange for goods or services. For example: "The store clerk asked the customer for payment and then proceeded to collect payment."

✓ Grammatically correct

News & Media

Academia

Wiki

Human-verified examples from authoritative sources

Exact Expressions

51 human-written examples

More often than not, the other party will comply with the assistance of a lawyer or collection agency to collect payment for services.

Huffington Post

They collect payment directly.

The New York Times

The lawyers also say the hospitals often use predatory methods to collect payment from uninsured patients.

The New York Times

You will beg, plead, humiliate yourself to collect payment from stores while you try desperately to pay your bills.

The New York Times - Style

These cubby holes can collect payment for the goods being collected.A lower-tech delivery system also shows great promise.

The Economist

Though the numbers may then be safe in transit, retailers must still decode the numbers to collect payment.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

9 human-written examples

The Education Department pays Navient to collect payments on federal loans.

The New York Times

That lender may have hired a bank like Chase to collect payments, or "service" the loan).

The New York Times

Or businesses can collect payments in advance, mitigating the risk that the customer will not pay.

The New York Times

All five options exchanges collect payments, ranging from 40 cents to $1 a contract.

The New York Times

The Merchant Services team supports internal departments at MIT who use credit cards to collect payments.

Massachusetts Institute of Technology

Expert writing Tips

Best practice

When writing about financial transactions, clearly state the method used to "collect payment", such as credit card, cash, or online transfer.

Common error

Avoid using "collect payment" when the context implies simply receiving money. "Collect" suggests a proactive effort to gather funds, while "accept" implies passively receiving them.

Linguistic Context

The phrase "collect payment" functions as a verb phrase. It describes the action of gathering or receiving money in exchange for goods or services. As Ludwig AI confirms, it's a standard and acceptable way to express this action.

Expression frequency: Very common

Frequent in

News & Media

60%

Academia

20%

Wiki

10%

Less common in

Formal & Business

5%

Science

3%

Reference

2%

Ludwig's WRAP-UP

The phrase "collect payment" is a common and grammatically sound way to describe the action of gathering money in exchange for goods or services. As Ludwig AI points out, it's a usable phrase in written English. With examples spanning various domains, including News & Media, Academia, and Wiki sources, its usage is widespread and readily understood. While alternatives like "receive payment" or "obtain funds" may be more suitable in formal contexts, "collect payment" remains a versatile and reliable choice. Remember to specify the method of payment when discussing financial transactions and to use this phrase when proactive collection efforts are involved.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Receive payment

Focuses on the action of getting paid, rather than the action of gathering the payment.

Obtain payment

Emphasizes the act of acquiring payment, often implying some effort involved.

Secure payment

Highlights the effort to ensure payment is received, often in situations where it might be uncertain.

Process payment

Focuses on the administrative steps involved in handling payments.

Recover funds

Implies retrieving money that is owed or was previously lost.

Extract revenue

Suggests a more systematic or strategic approach to generating income.

Gather revenue

Implies accumulating income from various sources.

Reap proceeds

Focuses on the benefits or profits gained from a transaction or venture.

Enforce collection

Emphasizes the legal or forceful measures taken to get payment.

Demand settlement

Highlights a firm request for payment, often when there is a dispute or delay.

FAQs

How can I rephrase "collect payment" in a business context?

In professional settings, you can use more formal alternatives such as "receive payment", "obtain funds", or "process payments".

What is the difference between "collect payment" and "recover debt"?

"Collect payment" generally refers to gathering money for current transactions. "Recover debt", on the other hand, implies retrieving money that is already owed, possibly through legal means.

Is it correct to say "collect on a payment"?

While not inherently incorrect, "collect payment" is more direct and commonly used. "Collect on a payment" might be suitable when emphasizing the act of claiming an entitlement.

What are some common methods to "collect payment" online?

Common methods include using payment gateways like PayPal, Stripe, or direct bank transfers. These services allow businesses to "process payments" securely and efficiently.