Payet made what appeared to be a rough tackle on the Real Madrid star in the first half the Euro 2016 final between Portugal and France at Stade de France in Saint-Denis on Sunday evening.
Ronaldo suffered a knee injury as a result of the tackle and had to be stretched off soon after.
Portugal eventually went on to win the final in extra time, thanks to Eder’s stunning strike in the 109th minute of the encounter.
West Ham star Payet has made it clear that he did not intend to hurt Ronaldo.
“No, it was a challenge, that's all, period,” FourFourTwo quotes Payet as saying about his tackle on Ronaldo.
"I regained the possession and if I hurt him it was not intentional. It's not in my nature to be a bad guy on the pitch. There is no question about it."
Payet did not play well for France in the Euro 2016 final against Portugal, but overall he had a good tournament.
The West Ham attacking midfielder scored three goals and created 24 chances in seven matches at the 2016 European Championship.
The 29-year-old former Marseille star had a pass accuracy of 84% and a shot accuracy of 50%, and won 18 dribbles and three tackles.