A payment method is a standardized procedure for transferring the monetary amount for a purchase. Payment methods are characterized by the legal and technical structures used, and by the organization or group carrying out the transaction.

Commonly used values:

• http://purl.org/goodrelations/v1#ByBankTransferInAdvance
• http://purl.org/goodrelations/v1#ByInvoice
• http://purl.org/goodrelations/v1#Cash
• http://purl.org/goodrelations/v1#CheckInAdvance
• http://purl.org/goodrelations/v1#COD
• http://purl.org/goodrelations/v1#DirectDebit
• http://purl.org/goodrelations/v1#GoogleCheckout
• http://purl.org/goodrelations/v1#PayPal
• http://purl.org/goodrelations/v1#PaySwarm