Online rent collection gives residents a convenient, time-saving method for processing fees and payments. It cuts payment processing time by up to 70 percent, so you’ll get paid faster. Residents can also set up recurring payments so that funds are automatically transferred to your bank account—no manual deposits necessary.
Yes, online rent payments can be secure when using reputable and trusted platforms. Online rent collection platforms typically employ advanced security measures to protect sensitive financial information. These measures may include encryption technology, secure payment gateways, and compliance with industry standards such as Payment Card Industry Data Security Standard (PCI DSS).