Category : ACH

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If you have a merchant account, ACH transactions typically take 4 business days to complete.  Our funding partners now offer expedited funding if you wish to receive funds faster or send distributions faster.  Funding faster increases the risk to the bank, so they do charge for the faster funding.  Please see the table below.   ..

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At this time, the tenant fees for ACH and CC transactions post as income to the property, which in turn is associated with an owner. If you want to reflect these fees as income to your company and not income to property and owner, follow these step by step instructions: 1. Pull the financial report ..

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Once  your Rentec Account is enable with EasyPay Merchant ability, you will want to begin scheduling tenants for payments.  (If you have a standard EasyPay account, head to this link for instructions.) First, we recommend you secure authorization from your tenant to begin using EasyPay.  Under your Settings tab/EasyPay Setup, we have provided you with ..

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If you have an EasyPay Merchant account, head to this link for Tenant Setup. After you have been setup for EasyPay (no merchant),  we require an application from each tenant who is going to use the ACH payment option (no form is necessary for the credit card payments option through their portal.)  Under your Settings ..

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If you’ve setup your merchant account and received confirmation from Rentec that the integration is complete, you can safely test some live transactions using the following instructions.  Please note, these tests will still incur your per-instance transaction fee from the merchant account vendor. Add a new tenant named John Doe.  Be sure to fill in ..

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Now and then we get some questions about the difference between ACH and paper checks and how quickly those deposits work for property managers. ACH transactions are typically faster to clear and far more reliable than paper checks; however, it may not appear that way from a bank statement without knowing more about how the ..

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