Re: Online Rent Payments - Landlord Forum thread 345179

Re: Online Rent Payments by Stephen (WA - Washington) on May 24, 2016 @14:08

I have an account at Chase Bank. Their system (they call it Chase QuickPay) requires only one of you to have a Chase account. It allows the sender to send funds from their bank account or a credit card. I get notified and have to accept the funds for them to go into my account. I like this for two reasons.
1. Neither of us has the other party's bank info. They use my email address to designate who it is going to.
2. I have to accept the payment for it to post so there are no partial payments snuck in.

My bookkeeper has researched this type of arrangement with other banks. Some have such a system and others don't. Check with your own bank.

Of course this doesn't work for any tenants without bank accounts (and I have one or two).

[ Reply ] [ Return to forum ]