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  1. Dictionary

    pay·ee
    [pāˈē]
    noun
    payee (noun) · payees (plural noun)
    1. a person to whom money is paid or is to be paid, especially the person to whom a check is made payable.
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    noun
    1. a person to whom money is paid or is to be paid, especially the person to whom a check is made payable.
     
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  2. A payee is a party in an exchange of goods or services who receives payment. The payee is paid by cash, check, or another transfer medium by a payer. The payer receives goods or services in return.
    www.investopedia.com/terms/p/payee.asp
    payee /peɪ ˈ iː/ noun plural payees Britannica Dictionary definition of PAYEE [count] technical : a person or organization that receives money : a person or organization that is paid
    www.britannica.com/dictionary/payee
     
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  4. What Is a Payee? - The Balance