Dictionary of Banking Terms: payer
payer
party responsible for making payment of the amount written on a check, draft, or other negotiable instrument. Also called the maker or writer.
Dictionary of Business Terms: payer
payer
person who pays a bill or fees.
Dictionary of Finance and Investment Terms: payer
payer
person making a payment to a payee through a check, bill, money order, promissory note, cash, credit card, or other form of payment.