This is the 1276th most frequent German word.
erfolgt
"Erfolgt" means "occurs" or "takes place."
In this sentence, 'erfolgt' is used to indicate the action of something being planned or expected to happen.
Die Lieferung erfolgt nächste Woche.
The delivery is scheduled for next week.
Here, 'erfolgt' describes the execution or completion of the payment process.
Die Zahlung erfolgt auf das angegebene Konto.
The payment is made to the specified account.
In this context, 'erfolgt' is used to specify the timing or circumstance under which the decision is made.