Reap the Benefits of Accepting Online Rental Payments

It does not matter how many rental properties you own or manage, online rent payment collection is the perfect solution to a host of time-consuming tasks. The monthly process of payment management takes, on average, one to two days – from collecting payments and writing receipts to preparing deposits and making the trip to the…

It does not matter how many rental properties you own or manage, online rent payment collection is the perfect solution to a host of time-consuming tasks. The monthly process of payment management takes, on average, one to two days – from collecting payments and writing receipts to preparing deposits and making the trip to the bank. Additionally, by offering the ease of access and convenience of online payment options to your tenants, the number of late payments can be dramatically reduced. You will also be able to accept application fees and security deposits electronically, as well as email management announcements to your tenders, list vacancies, and accept rental applications.

Tenants can manage their payments online securely and privately with ease. They will no longer have to write checks, go to the post office, or worry about late or missed payments. The online rent deposit system accepts payments, sends an email transaction receipt, and keeps a detailed, easily accessible online payment history. In addition to paying their rent electronically, tenants will be able to update their personal information with name or phone number changes, communicate quickly with management, and send maintenance requests via email. Your tenants will love the convenience of online rent payments.

Getting a merchant account is easy and the application andwriting process is fully automated. With the answers to a few simple questions, it's easy to have your website customized to meet your unique rent collection needs. Once you have the ability to receive electronic payments, the process for the tenant only takes a minute. You will be able to accept credit and debit card payments, e-check payments, and you can even offer your tenants the option of automatic withdrawal for rent payments. The online rent collection system accepts payments, sends email receipts, deposits funds automatically, and keeps track of each tenant's payment history. When you utilize the convenience of online rent payments, you will know the status of payment collection in real-time. No more 'the check is in the mail' excuses.

More and more people are paying their bills and managing their accounts online. Now it's easy to add rent payments to the list. As landlords and property managers, you can offer this convenient option to your tenants and gain the peace of mind knowing your rent payment collection and associated data entry and bookkeeping is handled efficiently. Tenant, landlord, and property manager privacy and security is strictly maintained, insuring all information stored or transmitted is well-protected at all times. Online rent payment solutions are easy, affordable, and available now.