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Updated about 1 year ago,
How do I set up electronic rent payments?
A little back story- It has come to my attention that my renter, who is on SSI/disability, goes through a silly/expensive process to pay her rent and other bills. Her monthly payment comes to her via a debit card. She goes to an ATM and pulls cash. Due to the amount, she has to do this in two separate transactions, each of which costs a fee. Then she has to get money orders which also cost a fee so she can mail the check. I figure she pays somewhere between 5 and 10% of her total bills just in fees to pay her bills.
I would like to setup electronic bill pay. This will allow her to pay her rent without fees and assure I collect rent on time without delay, but am unsure of the process. Can anyone walk me through what that takes?