payment is being cleared

USAGE SUMMARY

The phrase "payment is being cleared" is correct and usable in written English.
It can be used in contexts related to financial transactions, indicating that a payment is currently undergoing the process of being confirmed or processed. Example: "Please allow a few minutes for the payment to be cleared before accessing your account."

✓ Grammatically correct

Academia

Formal & Business

News & Media

Science

Encyclopedias

Wiki

Reference

Social Media

Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

But faster payment should allow tables to be cleared sooner, so more people can be served.

The New York Times - Food

The payments, first reported by Yahoo, were cleared by Oregon's compliance department.

The New York Times - Sports

In the latter circumstance the full deficiency must be cleared before payments may be made on the common shares.

Encyclopedia Britannica

Academic blocks are cleared 24 hours after payment of library fines/fees.

University of California, Berkeley

In Millum's example, the payment for path-clearing was presumably agreed before path was cleared.

Bioethics

How long after payment before the library's block on my academic record is cleared?

University of California, Berkeley

After making payment online, how long does it take before my library account is cleared?

University of California, Berkeley

To make sure your payment is stopped before it clears, it is imperative to perform a cancel check on a credit card payment as soon as you realize you will overdraw your account.

WikiHow

The exact cost, of course, would depend on the level of payment but what is clear is that shifting to a universal payment would significantly cut the cost of administering the many different types of means-tested benefits we have at present.

Independent

The purpose of the payments is not clear.

The New York Times

The increase in payments is made clear in Fig. 2, which shows the distribution of payments across LLMs by year.

IZA Journal of Labor Policy

Expert writing Tips

Best practice

When informing someone that a "payment is being cleared", specify the expected timeframe for completion to manage expectations effectively.

Common error

Avoid using "cleared" when you mean "credited". "Cleared" refers to the process of verifying funds, while "credited" means the funds have been added to the recipient's account.

Linguistic Context

The phrase "payment is being cleared" functions as a declarative statement indicating the current status of a financial transaction. It informs the recipient that the payment is currently undergoing a verification process. Ludwig AI indicates that phrase is correct.

Expression frequency: Missing

Frequent in

Science

0%

News & Media

0%

Formal & Business

0%

Less common in

Science

0%

News & Media

0%

Formal & Business

0%

Ludwig's WRAP-UP

The phrase "payment is being cleared" is grammatically correct, as confirmed by Ludwig AI, although its frequency is currently missing due to a lack of examples in the provided data. This phrase serves as a declarative statement to inform someone that a payment is currently undergoing verification. It is generally neutral in tone and applicable across various contexts. When using the phrase, specifying a timeframe and being mindful of potential confusion with terms like "credited" are best practices.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Payment is in the process of clearing

This alternative emphasizes the ongoing nature of the clearing process.

Payment is currently being processed

Focuses on the processing aspect rather than the clearing aspect.

Payment is undergoing clearance

Uses a more formal noun form of "clear".

Payment is being finalized

Highlights the completion stage of the payment.

Payment is being authenticated

Emphasizes the validation step in the process.

Payment is going through

A more informal way of saying the payment is being processed.

Payment is being verified

Highlights the verification aspect of the process.

Payment is subject to clearance

This phrase implies that clearance is a necessary condition for the payment to be successful.

Payment is awaiting clearance

Indicates that the payment is waiting for the clearing process to begin or complete.

Payment is pending clearance

Similar to "awaiting clearance" but slightly more formal.

FAQs

How can I use "payment is being cleared" in a sentence?

You can use "payment is being cleared" to inform someone that their payment is currently undergoing verification. For example, "Your payment is being cleared and should reflect in your account within 24 hours."

What can I say instead of "payment is being cleared"?

You can use alternatives like "payment is being processed", "payment is undergoing clearance", or "payment is pending clearance" depending on the context.

What is the difference between "payment is being cleared" and "payment has been cleared"?

"Payment is being cleared" indicates an ongoing process, while "payment has been cleared" signifies that the process is complete and the payment is verified.

Is it correct to say "payment is cleared"?

While grammatically acceptable, "payment is cleared" is less common than "payment has been cleared" or "payment is being cleared". The addition of "being" or "has been" provides a more complete sense of the action's state.