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How does funds processing and transfer work? How does the flow of money occur?

April 26, 2017flow funds money occur transfer

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How does funds processing and transfer work? How does the flow of money occur?

2 Answers

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Electronic funds transfer, as it applied to rent collection/payment, is the transfer of money initiated through our website from a tenant’s account into the account of the Property Owner/Manager. The flow of money can be broken down into three simple steps: 1. The Tenant submits their payment information through our encrypted site.

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Posted

Electronic funds transfer, as it applied to rent collection/payment, is the transfer of money initiated through our website from a tenant’s account into the account of the Property Owner/Manager.