Rentals.com allows payment online, regardless if the landlord accepts online payments

May 27, 2019
Share this Post: 

Rentals.com is making the rent payment process easier for everyone by allowing every tenant that uses its platform to pay their monthly rent regardless if their landlord accepts online payments.

According to the website, any renter can use its online payment functions to pay any landlord.

And the function will likely have appeal, as the company reports that more than 43 million households pay rent each month. And of those, approximately 80% of them (roughly 34 million households) use paper-based methods like writing checks or paying cash.

Now, all of those households will be able to pay their rent via eCheck, debit, or credit card, regardless of whether the landlord has an account with Rentals.com.

How it works is that renters can use the Rentals.com platform to submit their online rent payment. Then the website will mail a check to their landlord even if the landlord isn’t registered on the platform.

“This provides flexibility for both the renter, who prefers digital forms of payment, and the landlord, who still requires a physical check,” the company states.

For the landlord, the service is free. But the renter will have to pay for the convenience.

According to the company’s website, Rentals.com will charge 3% of the rent payment for credit/debit cards and $2.95 per eCheck/ACH transaction.

Read more here

Join us in Miami Beach, June 5-7 for the Global Online Marketplaces Summit.

Miabannermay12

May 27, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Prod Roundup 3Jan25
Product and Services Roundup: Idealista, Cian, SeLoger, Boligsiden, Lifull, Bayut

Welcome to the new year. Our first Product Roundup of 2025 starts with a new search filter in Spain...  ...

Read More
Nestaway Complaint 1
Nestaway Co-founder Files Fraud Compliant Against Investors Including Goldman Sachs

Amarendra Sahu, the co-founder of the home rental platform NestAway, has filed a First Information Report (FIR) against his fellow...

Read More
Shutterstock 181374380 2
Nasdaq Once Again Sends FangDD Non-compliance Warning

The Chinese real estate marketplace operator FangDD has once again been warned about its continued non-compliance regarding share prices. FangDD...

Read More
Jpmorgzedited 3
JP Morgan Global Online Classifieds Report 2024: Key Highlights Include REA, Scout24 and Rightmove

JP Morgan released its Global Online Classifieds report in November 2024, with marketplace giants REA Group and Scout24 SE both...

Read More

Editor's Pick