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| Residents & Tenants - Automatic Rent Payment |
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| How Electronic and Online Rent Payment Benefit Residents & Tenants |
People are inherently adverse to change, particularly when confronted with a new payment method. It is quite common for residents to express concern over the safety of their account information and personal data. The electronic check system actually secures data far beyond the paper draft system. In fact, very private data is actually MUCH safer in an electronic system.
According to the Federal Reserve, Electronic Check Processing is a safer method of moving money than using a paper check. Several studies initiated by the Fed estimate that paper checks processed through the “normal” banking system are handled, on average, 6 times. This is six sets of hands and eyes on every check -- and six opportunities for errors or fraud. With an electronic process, the number of times the check is handled is cut to one (at the most) and the information and the money is moved electronically and automatically.
For answers to the most frequently asked questions, click here.
Renters - Pay Rent Online, By Phone or Fax
Automate the process of paying your rent. Why? Here are a few reasons:
- It's Convenient! Signing up for automated ACH debits is easy, safe and makes it simple to alleviate the check writing chore.
- Eliminate Late Fees! Late fees can add up quickly. Never again will you be hit with a late fee when you authorize your landlord to debit your account each month.
- Save Money! Paying your rent via ACH automated debit helps you avoid interest charged by credit card companies and helps you avoid penalties and fees charged by your landlord for late payment.
- Pay Rent by Phone! From time to time the easiest way to pay your rent is to pick up the phone and write a check over the phone.
- Pay Rent Online! Setting up your ACH debit account online is easy...go to your landlord's site or sign up here... www.renterchecks.com
- LEARN MORE
Cooperative (Coop) Apartment Owners
Simplify and Automate your monthly maintenance. Why? Here are a few reasons:
- It's Easy! Signing up for automated ACH debits for your monthly maintenance fees is easy, safe and alleviates the check writing chore.
- Eliminate Late Fees! Say "goodbye" to late fees! Never again will you be hit with a late fee when you authorize your management company to debit your account each month for your late fees.
- Save Money! Paying your maintenance via ACH automated debit helps you avoid interest charged by credit card companies and helps you avoid penalties and fees charged by your management company for late payment.
- Maintenance Payments by Phone! From time to time the easiest way to pay your maintenance is to pick up the phone and write a check over the phone.
- Pay Maintenance Fees Online! Setting up your ACH debit account online is easy...go to your management company's site or sign up here..
- LEARN MORE
Coop Board Members
Board Members would you like to reduce your management company's operating expenses? Our electronic check solutions can dramatically improve your management company's efficiency and reduce the high cost of processing paper.
LEARN MORE
Condominium (Condo) Apartment Owners
Automate your monthly maintenance through Automated ACH Debits. Why? Here are a few reasons:
- It's Easy! Signing up for automated ACH debits for your monthly maintenance fees is easy, safe and alleviates the check writing chore.
- Eliminate Late Fees! Say "goodbye" to late fees! Never again will you be hit with a late fee when you authorize your management company to debit your account each month for your late fees.
- Save Money! Paying your maintenance via ACH automated debit helps you avoid interest charged by credit card companies and helps you avoid penalties and fees charged by your management company for late payment.
- Maintenance Payments by Phone! From time to time the easiest way to pay your maintenance is to pick up the phone and write a check over the phone.
- Pay Maintenance Fees Online! Setting up your ACH debit account online is easy...go to your management company's site or sign up here...
- LEARN MORE
Commercial Tenants
Use the ACH processing system to automate your rent payments each month. Why should you let your landlord directly debit your account? Here are a few reasons:
- Reduce Labor! Why worry if your payables department has cut the rent check this month. Why not make your rent obligation a bit easier to manage? Signing up for automated ACH debits for your monthly rent is easy, safe, alleviates the check writing chore and will even save you a few dollars in labor costs.
- Eliminate Late Fees! Say "goodbye" to late fees! Never again will you be hit with a late fee when you authorize your management company to debit your account each month for your late fees.
- Save Money! Paying your rent via ACH automated debit saves you money! ACH automated debits save you: labor processing costs, late fees, penalties and paper processing.
- Pay Rent Online! Setting up your ACH debit account online is easy...go to your management company's site or sign up here...
- LEARN MORE
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