Pay some more money for it (5)

I believe the answer is:

remit

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'pay' is the definition.
(remitting is a kind of paying)

'more money for it' is the wordplay.
'more money' becomes 'remi' (I am not sure about this - if you are sure you should believe this answer much more).
'for' means one lot of letters go next to another.
'it' becomes ''t' (abbreviation. e.g. in 'tis).
'remi'+'t'='REMIT'

'some' acts as a link.

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(Other definitions for remit that I've seen before include "send money, maybe" , "Job specification" , "Scope of reference" , "Maybe suspend" , "Task/area assigned (to an organisation)" .)

I've seen this clue in the Evening Standard.

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