Property Management, Tenant Selection, Real Estate News & Tips

Pay Owners via ACH

By on April 6, 2011 in Product Updates, Rentec PM with 2 Comments

We are officially launching and making available dedicated merchant accounts to all property managers and private landlords.  One of the major benefits of having your own merchant account tied to Rentec EasyPay is being able to pay owners via ACH.  But that’s not all.  Setting up a merchant account has these benefits too:

  • Quicker turn-around on funds.  ACH funds typically are in your bank account in 3-5 business days.  Credit card funds 1-2 business days.
  • Lower per-transaction fees on both ACH and credit card transactions
  • Ability to use and process your own ACH authorization forms
  • And of course, the ability to pay owners via ACH

Sounds great huh?  How To Get Setup. To get setup with your own merchant account, just login and visit Settings, Setup EasyPay.  At the bottom of the screen is a link which will provide you a new application to get your own merchant account setup.  Once setup, paying owners via ACH is extraordinarily simple.  You’ll right click on the owner and choose Send Money.  Then fill in their bank account information, the amount, and click Send.  It’s as quick and simple as that (see screenshot below)!

ownerach2

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