diff --git a/src/libs/ReportUtils.ts b/src/libs/ReportUtils.ts
index d9e7fb8e7e6b..ae6e02e70d29 100644
--- a/src/libs/ReportUtils.ts
+++ b/src/libs/ReportUtils.ts
@@ -2370,7 +2370,9 @@ function getReportPreviewMessage(
     if (isSettled(report.reportID) || (report.isWaitingOnBankAccount && isPreviewMessageForParentChatReport)) {
         // A settled report preview message can come in three formats "paid ... elsewhere" or "paid ... with Expensify"
         let translatePhraseKey: TranslationPaths = 'iou.paidElsewhereWithAmount';
-        if (
+        if (isPreviewMessageForParentChatReport) {
+            translatePhraseKey = 'iou.payerPaidAmount';
+        } else if (
             [CONST.IOU.PAYMENT_TYPE.VBBA, CONST.IOU.PAYMENT_TYPE.EXPENSIFY].some((paymentType) => paymentType === originalMessage?.paymentType) ||
             !!reportActionMessage.match(/ (with Expensify|using Expensify)$/) ||
             report.isWaitingOnBankAccount
@@ -4711,7 +4713,6 @@ function getIOUReportActionDisplayMessage(reportAction: OnyxEntry<ReportAction>)
         // property. If it does, it indicates that this is a 'Send money' action.
         const {amount, currency} = originalMessage.IOUDetails ?? originalMessage;
         const formattedAmount = CurrencyUtils.convertToDisplayString(Math.abs(amount), currency) ?? '';
-        const payerName = isExpenseReport(iouReport) ? getPolicyName(iouReport) : getDisplayNameForParticipant(iouReport?.managerID, true);
 
         switch (originalMessage.paymentType) {
             case CONST.IOU.PAYMENT_TYPE.ELSEWHERE:
@@ -4725,7 +4726,7 @@ function getIOUReportActionDisplayMessage(reportAction: OnyxEntry<ReportAction>)
                 translationKey = 'iou.payerPaidAmount';
                 break;
         }
-        return Localize.translateLocal(translationKey, {amount: formattedAmount, payer: payerName ?? ''});
+        return Localize.translateLocal(translationKey, {amount: formattedAmount, payer: ''});
     }
 
     const transaction = TransactionUtils.getTransaction(originalMessage.IOUTransactionID ?? '');