There are numerous reasons not to use payment apps for rent collection, and now the IRS is cracking down on them too.
Enable Online Rent Collection on your property lease and invite your tenant.
We keep you protected through our streamlined verification check.
Connect the bank account you want your tenants to pay into.
With landlord-specific features like receipts, reminder emails, payment tracking, and automatic payments, you’ll spend less time chasing payments and more time doing what you love.
Payments transfer directly to your bank within 3-5 business days, faster than a check, and without the hassle of visiting the bank.
Spend less time managing your books. With online rent collection, we’ll automatically log all your payments and keep your books up-to-date.
Here’s the complete flow for setting up Online Rent Collection using the desktop portal or mobile app.
The average transfer times are between 3-5 working days. We are already looking into initiating instant transfers so keep your eyes open!
Yes, once they’ve created their account they can turn on auto-pay and set the payment to be made the same time each month.
They will receive an email with a unique one-time link. They simply need to follow this link, set up their account, and then they can log in at any time to pay. Additionally, they can set up auto-pay which will set their rent to be paid at the same time every month.
Our Online Rent Collection is powered by Dwolla. In an industry where trust is paramount, Dwolla’s sophisticated security practices give landlords confidence that their data is being protected. For more information please see their website.
Online Rent Collection pricing is included in all plans and starts at $2.25 / transaction. For more details on pricing, please visit our pricing page.
There are numerous reasons not to use payment apps for rent collection, and now the IRS is cracking down on them too.
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