Question

who is payee explain it​

Answer 1

Answer:

A payee is a person or organization that receives a payment. Payment can be in any form, including cash, a check, a money order, or an electronic transfer of funds. The payee receives the payment from the payer (or “payor” if you prefer), which is the person or organization that makes the payment.

Answer 2

A payee is a party in an exchange who receives payment .