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What is payment slip?

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Wiki User
April 08, 2009 11:14AM

A payment slip is a document sent by a creditor to a debtor with all the necessary information filled in in order a payment to take place. The debtor confirms the payment by her/his signature and the sum due to be payed, in case the latter has not been included. Usually the payment slips are in the form of strips of paper, but since some time electronic payment slips exist too. They are sent on the debtor's mobile phone or e-mail and the confirmation of the latter is necessary in order an electronic payment to take place.