I wanted to ask what electronic payment options your company offers tenants to pay their rent?

Topic Author
  • Posts: 15
  • Thank you received: 0
1 year 3 weeks ago #641957 by Jose Maciel
Hey there everyone, I wanted to ask what electronic payment options your company offers tenants to pay their rent? And what are they charged for paying?
1 year 3 weeks ago #641957 by Jose Maciel
  • Thank you received: 0
1 year 3 weeks ago #641958 by Chele Blair
Property Boss they charge 3% for debit or credit card payment and $2.95 for bank draft
1 year 3 weeks ago #641958 by Chele Blair
  • Posts: 3
  • Thank you received: 0
1 year 3 weeks ago #641959 by Patty Peterson
1 year 3 weeks ago #641959 by Patty Peterson
  • Posts: 11
  • Thank you received: 2
1 year 3 weeks ago #641960 by Stacey Pichette
Aptexx $0 for ACH, $4.95 for debit card, 3% for credit card
1 year 3 weeks ago #641960 by Stacey Pichette
Chip Ahlswede
1 year 3 weeks ago #641961 by Chip Ahlswede
If I can answer this from a different angle - as an apartment association staff member - two things we are seeing is
1) that there are a lot of complaints for charging a fee on top of rent to process the rent payment - plus these are the kind of fees that the Biden administration is considering “junk fees” as it pertains to real estate, and
2) as we are seeing more and more pushes for rent control, very little grace is being given for raising pricing on costs (ie. increases to trash/ water rate hikes by the municipality) so it might make sense to build the cost of that processing into your rent rate in order to be able to guarantee an increase if rent stabilization comes in.
1 year 3 weeks ago #641961 by Chip Ahlswede