what does remit payment mean
verb (used with object), remitted, remitting. 1. to transmit or send (money, a check, etc.) to a person or place, usually in payment. 2. to refrain from inflicting or enforcing, as a punishment, sentence, etc. 3. to refrain from exacting, as a payment or service. 4. to pardon or forgive (a sin, offense, etc.).