Safe Simple On-Time Rent Payments
Times Have Changed. So Should The Way You Collect Rent.
Residential property management has undergone a seismic shift. Probably for good. Protect your business and improve your cash flow by letting PayRent manage rent collection. More than just a property management platform, PayRent has unique features that help guarantee rent gets paid when and how you want it. We go beyond making payments a easier for renters. We give you control over every part of rent collection from accepting credit cards to requiring auto-pay to assessing late fees automatically. Get started today and take control of getting paid on time.
On-Time Rent Collection Features
• Bank Balance Verification – Real-time balance verification before a payment is made virtually eliminates failed payments returned for non-sufficient funds.
• Flexible Auto-Pay – Allow renters to schedule one-time or recurring future payments to make rent collection more predictable. Then view the activity in your activity feed to ensure payments are on their way.
• Rent Collection Enforcement – Set a relaxed or strict rent collection policy to require scheduled recurring payments and back-up funding sources to guarantee rent is paid on-time.
• Lease Guarantee by AAOA – Offer renters a cost effective security deposit alternative and get reimbursed for lost rent if a renter is evicted.
You Can Accept:
How it Works
1. Sign up for free
You’ll need your federal tax ID and banking information to get started. We’ll verify your identity on the spot to make sure payments can be safely transferred. You’ll be ready to accept rent payments in about 5 minutes..
2. Add your properties
Each unit can have its own settings for payment due date, partial payment acceptance, and blocking payments. Transaction fees can also be absorbed, passed along to the renter, or split between both parties.
3. Invite your renters
Add your tenants and we’ll send out an email invitation for them to join the service and then help them add a payment method. We’re standing by via chat and phone to get them up and running quickly.
“As a business owner, it is extremely helpful to have a process that streamlines your business. Payrent.com has created a paperless way for our business to collect and manage all our rental income.”
– Cindy C., Property Mgr.