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Updated almost 4 years ago,
Credit Card Payments for Monthly Rent
Our bank has an option that allows us to run credit/debit cards through them. There is no monthly fee directly for us, but they do charge a 2.75% fee for the charge. How does everyone handle this? Do you just eat the charge for the convenience of getting paid directly and having the credit card deposited right into your account, or do you pass this charge on to the tenant? Currently they all pay via check in the mail. Thanks for all the help!