Payer
The party who makes a payment — the person or business who writes the check or authorizes the transfer. The party receiving the money is the payee. On tax forms, the payer is also the business that files a 1099 to report what it paid.
Related forms
Related guides
How to set up automatic rent payments from your bank account
To pay rent automatically from your bank account, choose one of three routes: give your landlord a signed ACH authorization to debit your account each month, use your bank's online bill pay to send rent on a schedule, or pay through a rent platform or portal.
How to set up recurring payments to a contractor
To pay an independent contractor on a recurring basis, first collect a signed Form W-9, agree on the amount, schedule, and method in a written agreement, then set up the payments — usually by ACH, check, or a platform. Keep records: you generally report contractor pay on Form 1099-NEC at year end.