Would you allow tenants to pay rent via Zelle?

[Collin Bryston Adams]

I’ve started allowed one of my tenants to pay rent via Zelle.

It’s basically a direct deposit.

If it matters she is also a section 8 tenant and only pays $150 of the $1200 rent.

[Kyle J.]

Zelle works great. I allow my tenants to pay using it and have never had any issues. Venmo is another good option because, like Zelle, the sender can’t cancel/reverse/dispute the payment once they’ve sent it and you’ve accepted it (important when using the service to collect rent). The same is NOT true for PayPal and the main reason I would not recommend using PayPal.