Notice that the Payment interface is not mentioned explicitly. Also notice that properties of Payment are mapped in each of the subclasses. If you want to avoid duplication, consider using XML entities (for example, [ <!ENTITY allproperties SYSTEM "allproperties.xml"> ] in the DOCTYPE declaration and &allproperties; in the mapping).
The disadvantage of this approach is that Hibernate does not generate SQL UNIONs when performing polymorphic queries.
For this mapping strategy, a polymorphic association to Payment is usually mapped using <any>.
<any name="payment" meta-type="string" id-type="long">
<meta-value value="CREDIT" class="CreditCardPayment"/>
<meta-value value="CASH" class="CashPayment"/>
<meta-value value="CHEQUE" class="ChequePayment"/>
<column name="PAYMENT_CLASS"/>
<column name="PAYMENT_ID"/>
</any>
An alternative approach is to make use of implicit polymorphism:
<class name="CreditCardPayment" table="CREDIT_PAYMENT">
<id name="id" type="long" column="CREDIT_PAYMENT_ID">
<generator class="native"/>
</id>
<property name="amount" column="CREDIT_AMOUNT"/>
...
</class>
<class name="CashPayment" table="CASH_PAYMENT">
<id name="id" type="long" column="CASH_PAYMENT_ID">
<generator class="native"/>
</id>
<property name="amount" column="CASH_AMOUNT"/>
...
</class>
<class name="ChequePayment" table="CHEQUE_PAYMENT">
<id name="id" type="long" column="CHEQUE_PAYMENT_ID">
<generator class="native"/>
</id>
<property name="amount" column="CHEQUE_AMOUNT"/>
...
</class>