cash payment; direct payment
Refers to paying in cash or settling a bill directly, as opposed to credit or deferred payment. Common in business and everyday transactions.
This shop only accepts cash payment; cards are not accepted.
When the invoice arrives, I will pay it immediately by direct payment.
Compound of 直 (じき, 'direct') and 払い (はらい, 'payment'). The reading じき is a common on'yomi for 直 in compounds.