Definition
A Milestone Payment is a payment system that pays out upon completion of specific milestones within a project`s development.
Usage and Context
Milestone payments ensure that funds are released progressively as a project reaches certain stages, helping to manage cash flow and incentivize progress.
Frequently asked questions
How do I pay my Milestone credit card bill? You can pay your Milestone credit card bill online, by phone, or by mailing a check.

How long does it take for a milestone payment to post? A milestone payment typically posts within a few business days after the milestone is completed and verified.

What is milestone minimum payment? The milestone minimum payment is the smallest amount that must be paid when a milestone is reached, often predetermined in the project contract.
Related Software
Benefits
Milestone payments help manage cash flow, ensure accountability, and provide motivation to reach project goals.
Conclusion
Milestone payments are an effective way to manage project funding, ensuring that payments are made as specific goals are met, promoting progress and accountability.
cta
Connect with the world’s top investors to raise capital for yourStart free trial