Payment
Part of speech: noun
Definition: The act of paying. A sum of money paid in exchange for goods or services.
Remittance
Part of speech: noun
Definition: A payment to a remote recipient.
Difference between Payment and Remittance
What is the difference between Payment and Remittance?
Payment as a noun is the act of paying. while Remittance as a noun is a payment to a remote recipient.
We hope you now know whether to use Payment or Remittance in your sentence.