Using eRentPayment.com to collect rent

[Johnathan Cody]

Has anyone used eRentPayment.com? is so how did it go? would you recommend it? I am new to the rental world and only have 1 unit but I would like to report payments to credit agencies and make paying rent as easy as possible for the tenants. Any other site you would recommend? My first rental is a higher end property that is being rented out for $2800 per month in Wisconsin. 

[Frank Chin]

There's been discussions in the past on them: Past discussions erentpayment

There is also a recent one: Recent erentpayment discussion

I myself used ClearNow for several years and quite please with it: ClearNow

I heard erentpayment had financial difficulties at one point, mentioned in those past discussions.

There's one often talked about called Cozy that is supposedly fee free. Others charge a monthly fee, in my case ClearNow charges $14.95 monthly fee + $2.00 per transaction. You only pay the $14.95 on months where there's activity.

I chose ClearNow because I get my funds on the 4th business day of the both, tenants debited on the 1st, and other sites takes longer, up to seven. I'm mortgage free now, but at one point when I was not, on autopay, mortgage companies draw funds on the 10th, and 4 business days vs seven makes a big difference IMHO and worth the fee.