Vardy scored the only goal of the game in Leicester's 1-0 win over Palace, after rushing through on goal and lifting the ball over Palace stopper Wayne Hennessey.
It was an excellent finish, and the England international claims that he chose to put some lift on his shot, because he saw Payet do similar earlier in the season.
"I saw what Payet did to them last week when they played," Vardy explained. "Obviously he’s feigned to shoot and the ‘keeper has gone down, so I was hoping he’d do exactly the same and he did.
“I just followed it in to make sure it went into the back of the net otherwise their centre half might have got to it."
Vardy's goal against Palace took his total to 10 goals for the season, and he is currently sitting at the top of the Premier League scoring charts.
The 28-year-old has been in magnificent form, and he has been a key reason behind the Foxes' brilliant start to the new campaign.
Leicester are sitting in fifth place in the Premier League table, and they are currently only three points off the pace-setters, Manchester City.
It has been a remarkable opening to Claudio Ranieri's time in charge at the King Power Stadium, with Leicester's next league match coming against West Bromwich Albion next weekend.