Interest will be charged for late payment.

逾期付款必须支付利息。

《牛津词典》

There will be a penalty for late payment of bills.

账单拖延付款要收滞纳金。

《牛津词典》

Similarly, an important customer is not likely to be abandoned for an occasional late payment.

同样，也不可能因偶而延迟支付而舍弃重要的客户。

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The new act will also bar companies from raising rates on existing debts unless payment is at least sixty days late.

VOA: special.2009.05.22

The government was late giving the Indians their yearly payment.

VOA: special.2010.04.01

Anybody that pays their bill within 26 days will not be charged the late payment charge.

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More likely, the vendor will learn to negotiate to recover the interest triggered by the late payment.

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He got into dispute with Capital One over penalty charges for late payment on his credit card.

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