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Landlords Make the Transition from Checks to Online Payments for Rent

Landlords Make the Transition from Checks to Online Payments for Rent

Breaking News, Business Solutions, Payment Processing, Tech
INTRODUCTION Paying rent with checks is now considered a thing of the past. Gone are the days when you have to physically meet the tenants, get their checks, and deposit them every month. Things have changed now. With the advancement in technology, the notion of paying rent through checks has transitioned to online payments. Most landlords have converted to online payments and Automatic Clearing House (ACH), which is a way of transferring money electronically to different accounts from one bank to another bank. ACH/ONLINE METHOD According to a survey conducted by SmartMove, payment problems are a top concern for landlords. From calling the tenant to paying rent –to- giving notices on late payments and more, the whole process is timely and can take a toll on them; But things h...
Online rent payments are the go-to choice for landlords

Online rent payments are the go-to choice for landlords

Business Solutions, Payment Processing, Tech, Trends, What's Hot
The world today cannot rely on physical means of payment anymore and online payment services have provided a great deal of security and ease to landlords. Most tenants forget to pay the bill due to their busy schedules, however; online rent payment is the all-time choice because it prevents tenants from forgetting to write out a check and walk it to the landlord's mailbox. Besides safety and eviction issues, surveys have shown payment problems as the top concern for landlords. The world is vigorous and so are lifestyles. In this hustle, you cannot suppose your tenant will grab a wallet, rush towards the bank, fill out a check, and transfer the rent. Here are a few evident advantages of why online payment is the first choice for landlords. Easy to pay and receive The increased...