Correct my sentence

[Delon]

The payment of USD 10.00 has been affected or effected.

Which one is correct affect or effect?
How to use effect and affect in the sentence?

[Delon]

The payment of USD 10.00 has been affected or effected.

Which one is correct affect or effect?
How to use effect and affect in the sentence?

[Coffa]

The payment of USD 10.00 has been affected or effected.

Which one is correct affect or effect?
How to use effect and affect in the sentence?

'To affect' means to cause a change in something; or cause an 'effect' upon it.

'To effect' means to bring something about.

In your context, the correct verb would be 'effected', meaning: "The payment of USD 10.00 has been MADE."

[Delon]

Thanks,

I want to be more precise. What I am trying to say to another party is that ... so due has already been settled. (transaction has has already taken place)