speed up payment

USAGE SUMMARY

The phrase "speed up payment" is correct and usable in written English.
It can be used when requesting or discussing the acceleration of a payment process or transaction. Example: "To maintain good relations with our suppliers, we need to find ways to speed up payment for their invoices."

✓ Grammatically correct

News & Media

Formal & Business

Wiki

Human-verified examples from authoritative sources

Exact Expressions

7 human-written examples

The government recently created a Prompt Payment Code, designed to encourage larger businesses to speed up payment times.

The Guardian

The I.M.F. also has revamped aid programs to loosen some conditions and speed up payment to countries in need.

The New York Times

His government has agreed to speed up payment of €40 billion ($52 billion) which public bodies have shamefully withheld from business creditors.

The Economist

Griffith-Jones said the FCA would only agree to a deadline for payment protection insurance compensation claims if it would speed up payment to consumers.

The Guardian - Business

About $220 million is included in the authority's new capital plan to install a smart card payment system similar to London's Oyster card, a no-swipe fare card that is waved over a sensor to speed up payment.

The New York Times

But Ms. Bumb, the prosecutor, said she might call as many as 50 witnesses, including city contractors who have said in depositions that they installed new windows and air-conditioning and did other demolition work around the mayor's house to win city business or to speed up payment of money the city owed them.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

51 human-written examples

NASA has now sped up payment of $80 million to the company and then added $83 million to the contract to help Lockheed Martin manage the termination costs.

The New York Times - Science

Obama pledges to speed up payments to small businesses (but will it really mean billions for small businesses?).

The New York Times

Funding is a complicated process but modern technology should be able to simplify and speed up payments.

The Guardian

His latest step in rebuilding Tesco's reputation is to speed up payments to its smallest suppliers by a month.

The Guardian - Business

While Mr. Feinberg has acknowledged that many questions remain about the claims system, he has publicly promised officials that he will provide more transparency and speed up payments.

The New York Times

Expert writing Tips

Best practice

When requesting faster payment, provide a clear reason for the urgency. This can encourage the payer to prioritize your request.

Common error

Avoid using "speed up payment" when referring to increasing the amount of a payment. This phrase specifically refers to the timing, not the size, of the transaction.

Linguistic Context

The phrase "speed up payment" functions as a verb phrase, where "speed up" acts as a phrasal verb modifying the noun "payment". It's used to describe the act of accelerating or hastening the process of making a payment, as supported by Ludwig examples.

Expression frequency: Uncommon

Frequent in

News & Media

45%

Formal & Business

30%

Wiki

15%

Less common in

Science

5%

Encyclopedias

2%

Reference

3%

Ludwig's WRAP-UP

In summary, the phrase "speed up payment" is a grammatically sound and commonly used expression to convey the acceleration of a payment process. Ludwig examples show its prevalence across various contexts like news, business, and general discussions. While it's generally considered acceptable, more formal alternatives like "expedite payment" may be preferred in certain settings. Remember to use this phrase when referring to the timing of a payment, not the amount. Based on the Ludwig AI analysis, its usage is both valid and practical in various communication scenarios.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

accelerate payment

Replaces "speed up" with "accelerate", implying a faster rate of payment processing.

expedite payment

Uses "expedite" to suggest a quicker and more efficient payment process.

hasten payment

Employs "hasten" to indicate a move towards a faster payment timeline.

quicken payment

Substitutes "speed up" with "quicken", suggesting a faster pace of payment.

advance payment

Changes the focus to moving the payment date earlier, rather than just speeding up the process.

facilitate payment

Shifts the emphasis to making the payment process easier and smoother, often implying faster processing.

streamline payment processing

Focuses on improving the efficiency of the payment process to reduce delays.

prompt payment

Highlights the importance of making payments without delay.

ensure timely payment

Emphasizes the reliability and punctuality of payments.

prioritize payment

Implies that the payment should be given a higher level of importance, leading to faster processing.

FAQs

How can I ask someone to "speed up payment" politely?

You can use phrases like "Could you please expedite the payment process?" or "We would appreciate it if you could accelerate the payment" to maintain a professional tone.

What's the difference between "expedite payment" and "speed up payment"?

"Expedite payment" often implies a more formal and urgent request, while "speed up payment" is more general and can be used in a variety of contexts.

When is it appropriate to use "speed up payment" in a business context?

It's appropriate when discussing strategies to improve cash flow, negotiating payment terms with suppliers, or requesting faster processing of invoices.

What are some alternatives to "speed up payment" in formal communication?

Consider using more formal alternatives such as "accelerate payment", "facilitate payment", or "ensure timely payment" in official correspondence or reports.