Home » PayRent 3.0: Online Rent Payment Platform Overview

PayRent 3.0: Online Rent Payment Platform Overview

SherRon Marcek

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Landlords
PayRent Online Rent Payment Platform Overview

Did you miss the live webinars? Not to worry. We’ve saved the recording for you to view at your convenience. Watch PayRent’s CEO, Carlton van Putten, as he gives a walkthrough of PayRent’s rent collection app. Learn how to navigate your account and utilize PayRent’s features to make collecting rent online a snap. You’ll also get a view of what your renter sees when they pay rent online.

Don’t have time to watch the whole thing? Skip to the sections below to find quick answers.

Table of Contents:

  • Dashboard overview: (1:39)
  • Adding a Transaction: (5:10)
  • Understanding Monthly Rent Charges and Balances (6:45)
  • Adding a Property: (8:56)
  • Property Settings (9:15)
  • Inviting a Renter: (14:00)
  • Recent Activity Feed: (16:20)
  • Properties Overview (20:30)
  • Reset Balance (23:42)
  • Transactions by property: (25:58
  • Transactions overview:(26:30)
  • Roommate Accounts: (27:38)
  • Transactions Features (28:52)
  • Manage Renters: (35:28)
  • Account Settings: (37:16)
  • Customer Support: (40:05)
  • Renter’s View (43:40)
  • Scheduled Payments (45:10)
  • Q&A and Closing Remarks (46:30)

PayRent’s New Features

  • Scheduled Payments: Renters can schedule one-time or recurring future rent payments with options to limit the number of payments or make recurring payments indefinitely
  • 1-Click Balance Reset: Reset a renter’s account balance to zero directly from the property list. Quickly manage the payment ledgers of renters when payments are made offline.
  • Enhanced Transaction Details: View payment date, settlement date, and deposit amount on every rent payment, so you can easily reconcile payments with bank deposits.
  • Payment Ledger Visibility: Track every charge and credit for a renter along with their current account balance for better record keeping of your rentals, including payments from previous renters.
  • Transaction Search and Filtering: Quickly find the information you need so you spend less time looking and more time doing.
  • Downloadable Transactions: Download a filtered list of transactions directly to your desktop, laptop or mobile device that’s compatible with Microsoft Excel or Google Sheets.
  • Lease Management: Define lease details and store your lease agreement electronically. Renters are automatically removed from the rent roll on lease expiration.
  • 1-Click Rent Reminders: Remind your renters that rent is due with the click of your mouse. Our system will automatically send a reminder email of their balance due. 
  • Allow or Block Credit Card Payments: Decide if you want to allow your tenants to pay rent with a credit card, or limit their online rent payment options to bank transfers.

PayRent is always open to feedback. Tell us in the comments below what you like about the new platform and where we may have missed the mark. We’re committed to helping landlords collect rent online simply and securely.

SIGN-UP FOR PAYRENT

Start collecting rent online in less than 5 minutes.
  • Control when and how renters pay you
  • Automatically remind tenants when rent is due
  • Accept bank transfers and credit cards
GET STARTED FOR FREE

**Blog Article Disclaimer*

This blog article is provided for informational purposes only and does not constitute legal advice. The content is intended to offer general information and should not be relied upon as a substitute for professional legal advice tailored to your specific circumstances.

While we strive to keep the information accurate and up-to-date, laws and regulations are subject to change, and the legal landscape may vary based on jurisdiction. Therefore, we make no representations or warranties regarding the completeness, accuracy, reliability, or suitability of the information contained in this article.

Reading, accessing, or using the information provided in this blog does not create an attorney-client relationship between the reader and the author, and any reliance on the information is at your own risk. If you require legal advice or assistance, it is crucial to consult with a qualified attorney who can consider the specifics of your situation and provide advice accordingly.

The author and the platform disclaim any liability for any loss or damage incurred by individuals or entities as a result of the information presented in this blog. We recommend consulting a legal professional before making decisions or taking action based on the information provided in this article.

This disclaimer is subject to change without notice, and it is the responsibility of the reader to review and understand the disclaimer before relying on the information contained in the blog article.

PayRent is on a mission to build a rent collection app that fosters a positive and productive relationship between renters and landlords. We focus less on transactions and more on the people behind them.

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SIGN-UP FOR PAYRENT

Start collecting rent online in less than 5 minutes.
  • Control when and how renters pay you
  • Automatically remind tenants when rent is due
  • Accept bank transfers and credit cards
GET STARTED FOR FREE
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