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What is Electronic Rent Payment?

April 26, 2017apartments electronic payment rent

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10 Posted

What is Electronic Rent Payment?

2 Answers

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10 Posted

Electronic Rent Payment allows tenants to pay their rent using a credit card, debit card or bank account; those rent funds are then directly transferred to the Owner or Manager’s account through the Automated Clearing House Network (ACH).

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Gina Jennings Posted

Electronic Rent Payment is the process of paying rent through electronic or online means. Rather than paying with a physical paper check, a person can pay their rent via debit card, credit card or through other non-paper means.

The advantages of paying electronically is that you won’t have to worry about missing a payment, especially if you have to go away on business.

However, each apartment complex has its own rules about payment. Be sure to ask permission before pursuing electronic rent payment.