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Updated 9 months ago,
Tenants using Credit Cards to Pay for Rent
For my long term rentals, my tenants pay me by venmo, and I have had no big issues. Its fast and easy.
I have just listed a mid term rental on Furnished Finder. I see they suggest offering the tenants the option of paying by Credit Card. I am also getting leads where the person is saying they prefer to pay by card.
I signed up for a Square Acct. I see that invoices or links can be sent. There is less of a service charge for the link, than the invoice.
What are your thoughts on taking the payment by Card?
If you collect by credit card, how have you set it up and at what point are you adding in the service charge that needs to be passed on to the tenant?
Thanks in advance for any advice!