The official business definition of Po Payment is a payment method in which a company pays for goods or services with a purchase order. This payment method is often used when the company does not have the funds available to pay for the goods or services at the time of purchase. The purchase order serves as a legal document that outlines the terms of the transaction, including the quantity and cost of the goods or services being purchased. Once the purchase order is approved, the supplier will provide the goods or services and the company will pay for them with the purchase order. This payment method is often used when the company needs to purchase goods or services quickly and does not have the funds available to pay for them at the time of purchase. It is also used when the company needs to purchase goods or services from a supplier who does not accept credit cards or other forms of payment. Po Payment is a convenient and secure way for companies to purchase goods or services without having to wait for payment.