Payee
Part of speech: noun
Definition: One to whom money is paid.
Payor
Part of speech: noun
Definition: The maker of a payment.
Difference between Payee and Payor
What is the difference between Payee and Payor?
Payee as a noun is one to whom money is paid. while Payor as a noun is the maker of a payment.
We hope you now know whether to use Payee or Payor in your sentence.