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Updated about 8 years ago, 10/15/2016
Collecting Rent through ePayments (Yes or No?)
Hi everyone,
What is your opinion about collecting rent through electronic payments? Specifically online debit or credit card payments.
Any good or bad stories? Any methods of preventing a tenant who uses a frauded card on the last month of the lease before moving out?
Mailed or picked up cheques seem to still be the most common method, but I am wondering if anyone has or is considering online payments.
I know there is often a fee attached to the epayments, which might discourage your tenants...