diff --git a/cli/testdata/verify.go b/cli/testdata/verify.go
index 6a3ed7b6a1..4abc927d5a 100644
--- a/cli/testdata/verify.go
+++ b/cli/testdata/verify.go
@@ -4,5 +4,5 @@ func Verify() bool {
 	return true
 }
 
-func OnPayment(from []byte, amount int, data interface{}) {
+func OnNEP17Payment(from []byte, amount int, data interface{}) {
 }
diff --git a/cli/testdata/verify.manifest.json b/cli/testdata/verify.manifest.json
index 103a744a88..47bf7b91a0 100755
--- a/cli/testdata/verify.manifest.json
+++ b/cli/testdata/verify.manifest.json
@@ -1 +1 @@
-{"name":"verify","abi":{"methods":[{"name":"verify","offset":0,"parameters":[],"returntype":"Boolean","safe":false},{"name":"onPayment","offset":5,"parameters":[{"name":"from","type":"ByteArray"},{"name":"amount","type":"Integer"},{"name":"data","type":"Any"}],"returntype":"Void","safe":false}],"events":[{"name":"Hello world!","parameters":[{"name":"args","type":"Array"}]}]},"groups":[],"permissions":[{"contract":"*","methods":"*"}],"supportedstandards":[],"trusts":[],"extra":null}
\ No newline at end of file
+{"name":"verify","abi":{"methods":[{"name":"verify","offset":0,"parameters":[],"returntype":"Boolean","safe":false},{"name":"onNEP17Payment","offset":5,"parameters":[{"name":"from","type":"ByteArray"},{"name":"amount","type":"Integer"},{"name":"data","type":"Any"}],"returntype":"Void","safe":false}],"events":[{"name":"Hello world!","parameters":[{"name":"args","type":"Array"}]}]},"groups":[],"permissions":[{"contract":"*","methods":"*"}],"supportedstandards":[],"trusts":[],"extra":null}
diff --git a/pkg/core/interop_system_test.go b/pkg/core/interop_system_test.go
index 2ada383258..574a7d3ad0 100644
--- a/pkg/core/interop_system_test.go
+++ b/pkg/core/interop_system_test.go
@@ -456,7 +456,7 @@ func getTestContractState(bc *Blockchain) (*state.Contract, *state.Contract) {
 			ReturnType: smartcontract.VoidType,
 		},
 		{
-			Name:   "onPayment",
+			Name:   manifest.MethodOnNEP17Payment,
 			Offset: onPaymentOff,
 			Parameters: []manifest.Parameter{
 				manifest.NewParameter("from", smartcontract.Hash160Type),
diff --git a/pkg/core/native/native_nep17.go b/pkg/core/native/native_nep17.go
index 7ba55dd6c2..ca092bd8ba 100644
--- a/pkg/core/native/native_nep17.go
+++ b/pkg/core/native/native_nep17.go
@@ -143,7 +143,7 @@ func (c *nep17TokenNative) postTransfer(ic *interop.Context, from, to *util.Uint
 		stackitem.NewBigInteger(amount),
 		data,
 	}
-	if err := contract.CallFromNative(ic, c.Hash, cs, manifest.MethodOnPayment, args, false); err != nil {
+	if err := contract.CallFromNative(ic, c.Hash, cs, manifest.MethodOnNEP17Payment, args, false); err != nil {
 		panic(err)
 	}
 }
diff --git a/pkg/core/native/notary.go b/pkg/core/native/notary.go
index 0a27a5dec6..d891acd051 100644
--- a/pkg/core/native/notary.go
+++ b/pkg/core/native/notary.go
@@ -55,7 +55,7 @@ var maxNotValidBeforeDeltaKey = []byte{10}
 func newNotary() *Notary {
 	n := &Notary{ContractMD: *interop.NewContractMD(nativenames.Notary, notaryContractID)}
 
-	desc := newDescriptor("onPayment", smartcontract.VoidType,
+	desc := newDescriptor("onNEP17Payment", smartcontract.VoidType,
 		manifest.NewParameter("from", smartcontract.Hash160Type),
 		manifest.NewParameter("amount", smartcontract.IntegerType),
 		manifest.NewParameter("data", smartcontract.AnyType))
diff --git a/pkg/smartcontract/manifest/manifest.go b/pkg/smartcontract/manifest/manifest.go
index e65175e85f..dc9a07640f 100644
--- a/pkg/smartcontract/manifest/manifest.go
+++ b/pkg/smartcontract/manifest/manifest.go
@@ -21,8 +21,8 @@ const (
 	// MethodVerify is a name for default verification method.
 	MethodVerify = "verify"
 
-	// MethodOnPayment is name of the method which is called when contract receives funds.
-	MethodOnPayment = "onPayment"
+	// MethodOnNEP17Payment is name of the method which is called when contract receives NEP-17 tokens.
+	MethodOnNEP17Payment = "onNEP17Payment"
 
 	// NEP10StandardName represents the name of NEP10 smartcontract standard.
 	NEP10StandardName = "NEP-10"