What is the meaning of "chasing payments"?

Answer

Chasing payments is a slang phrase meaning a fruitless search or mission, particularly relating to love and romance. It was coined by British neo soul singer-songwriter Adele. It originally referred to her running after a lover with whom she had just fought, before she realised he was no longer there.
1 Additional Answer
Chasing pavements means a fruitless activity or trying to achieve something that is destined to failure. This is the correct lyrical meaning of the song by British Neo Soul singer Adele Chasing Pavements. The song refers an incident that occurred after Adele had a fight with a former boyfriend and she was running around the streets at 6AM aimlessly and she thought to herself what you are doing is chasing pavements (sidewalks in U.S.A.).
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