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Intuit Payment Network Shutting Down, New website suggestions?
Hello Everyone,
I've been using Intuit Payment Network to collect rent for some months and loved it. I received an email that it will no longer be available starting May 31st. Any suggestion on a great rent collection website/service to use? I've been looking through old post and I've seen Dwolla. Any others? Prefer recommendation based on personal use. Thanks.
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It really depends greatly on the features that you're looking for. My rent collections are pretty cut and dry for one of my units so I used Venmo.com. They've been acquired by Paypal. It's extremely simple and fee free for transactions under $2999.00 per week. They have a great little phone app as well and you can connect it up with your bank account, etc. One of my former tenants, who was accustomed to writing checks, called it,"oddly unceremonious" as a monthly transaction. :) I also refund security deposits in the same way.
Some other tenants of mine do direct debit. Also, no cost to me but incurs a fee (at times) for the tenant depending on their bank.