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The phrase "the payment for" is grammatically correct and commonly used in written English.
It is typically used to refer to the amount of money that is required or expected in exchange for something. For example: - The payment for the new car was more than I had expected. - I haven't received the payment for the goods I sold last month. - The payment for the concert tickets can be made online or at the box office. - The invoice includes the payment for the services provided by the company. - The landlord requires a security deposit as the payment for any potential damages.
Dictionary
the payment for
noun
The act of paying.
synonyms
Exact(59)
Capitation is the payment for each member.
The payment for Mr. Leroy's article in The Times was also made to Underdogs.
"What you do is put limitations on the payment for them".
Contracts typically reserve half the payment for submission of an acceptable manuscript.
Instead, Lord Black asked his company, Hollinger International, to make the payment for him.
The payment for such a test, which now averages $84, could be increased by 50percentt.
The payment for the 111 service is around £7 to £9 per call.
The payment for the company's exports is in dollars or euros.
The payment for implanting a defibrillator, like the one used by Vice President Dick Cheney, would be cut 23percentto to $22,000, while the payment for hip and knee replacements would be reduced 10percentto to $14,500.
Mr. Creedon's lawyer, Anthony M. La Pinta, dismissed Mr. McCready's statements about the payment for the murders.
But Dame Shirley's enemies condemned the payment for falling short of the £42m owed by the Tesco heiress.
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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