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PayRentChex integrates electronic payment processing into an easy to use web-based application. We are exclusively engineered to streamline rent payments for the Property Management industry. Our advanced Remote Deposit Capture System and Payment Portal electronically deposit all checks and money orders directly to your financial institution from your office computer. We also provide residents with their very own Payment Portal that integrates to your property’s website. Residents can now pay rent online or on their smartphone, and the resident portal will automate the task of recording and depositing each payment.
Property Manager Benefits:
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Receive rent payments fast with instant ACH funding and industry leading 0 hold time!
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Easily deposit checks to different accounts eliminating deposit tickets and bank trips
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Get Non Sufficient Fund (NSF) return notices by email within hours instead of waiting days
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Easily export various payment reports and integrate property software
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Utilizing our Payment Card Industry (PCI) compliant gateway provides bank level security
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Automatically send invoices and receipts by email, save the expense of paper invoicing
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PayRentChex makes accepting various payment methods EASY!
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How It Works:
Our unique platform enables a gateway to streamlining rent payments by utilizing the Federal Reserve's Automated Clearing House (ACH) network, the same system commonly used for such services as online bill pay and direct deposit payroll. With most account setups, payments processed before 7pm Eastern Standard Time are transmitted through the ACH network and available in the property’s designated bank account the next business morning. Processing with PayRentChex is the fastest and most user friendly way to deposit and record payments for all property types (Residential, Commercial, HOA, Storage Units, Condo Fees).
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