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This name would be well suited to a payment or accountancy company.
The name "PaymentAve" has 10 characters and three syllables. Three syllable names are used by established brands like Delicious, Sainsbury's and Vodafone.
Paymentave.com is a dot-com domain. Dot com domains are the most popular, and the most prestigious. Owning a dot-com says that you own the word "PaymentAve" online.