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Updated almost 8 years ago,
Methods of payment Beyond Checks
I feel like the technology we have today should allow our tenants to pay using online methods. However, all the rental properties in my area still only allow check, direct deposit or a credit card with a service fee.
What are your thoughts about letting tenants pay with some online app like Venmo or PayPal? I feel like tenants would appreciate that convenience. Let me know whether this is a bad practice or not! If so, why?