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"payment procedures" is correct and usable in written English.
You can use it when referring to the steps involved in completing a payment transaction. For example: "Please review the payment procedures outlined in the company policy before you make an online purchase."
Exact(12)
Private insurers could presumably eliminate some of the waste through uniform billing and payment procedures.
Glaxo said it had since tightened the payment procedures for clinical research coordinators.
12. Any deviations from GNM's standard payment procedures are subject to the prior approval of the Managing Editor.
By underestimating the savings that can come from improved Medicare payment procedures and other cost-control initiatives, the budget office leads Congress to think that politically unpopular cost-cutting initiatives will have, at best, only modest effects.
We find nearly identical behavior across these three payment procedures.
Standard payment procedures apply whereby payments may take 1-2 business days to appear in your account.
Similar(47)
Americans cannot accept money from Cubans directly, so setting up a third-party payment procedure is necessary.
The second pertains to the impact the payment procedure has on observed behavior.
Thus we also collect data using the "1-in-1" payment procedure.
Since we use the popular "1-in-K" random lottery incentive mechanism payment procedure in our main test, our experiment explicitly recognizes the impact that this payment procedure may have on preferences.
The letter outlines the advance payment procedure.
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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