PayID was recently added as an instant payment option to the RentPay app to great success. Here’s what you need to know.

Since its introduction just months ago, PayID has proven even more popular than we could have hoped. Tenants find it a practical and convenient way to get their payments to you when time is of the essence. Check out our guide to PayID here!

It’s also proven a valuable feature for RentPay tenants who may have previously found the direct debit clearance time to be a barrier to using the app.

Save money, save time, save hassle

One of the key benefits of PayID is that it allows tenants to fix up rental arrears on the spot. No need to wait for direct debit to clear. Instead, they can pay instantly and ensure their account is updated without delay.

This is a handy option for tenants who may have fallen behind on their payments and must catch up quickly to avoid a potential breach.

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PayID also makes a great option for tenants who are moving into a new property and need to get their rental bond and rent in advance paid quickly to secure a lease. With PayID, tenants can get money to you instantly, giving them peace of mind and ensuring that their rental application is processed without any delays. 

Overall, the addition of PayID to the RentPay app has been a game-changer for tenants and property managers. It’s an instant payment option that’s proving to be incredibly popular, and it’s easy to see why. It’s practical and convenient and helps ensure that payments are made on time, every time.

How PayID works on RentPay

RentPay tenants are given access to a unique PayID linked to their RentPay account, meaning they can instantly pay into their account from their bank account.

Funds land in their account immediately, allowing them to push that money to your office. Or, if they’re on a schedule, funds are ready to be sent automatically on rent day.

If you’re a property manager looking for ways to streamline the rental payment process, RentPay can help. Our PayID feature is one of the many ways we’re working to make rental management as easy and stress-free as possible.

To learn more about how RentPay can benefit you and your tenants, get in touch with our team today at 1300 797 933, download our shareable RentPay brochure, or visit rentpay.com.au/agents. We’re here to help make rental management a breeze for you and your tenants!

RentPay

RentPay is giving Australia's 7 million renters more control, flexibility and choice in how they pay rent. Founded in 2021, RentPay was designed by Rent.com.au, Australia's largest pro-renter site. RentPay is the only payment app in Australia that helps renters take control of their rental payments while also helping improve their cash flow and build their financial future.


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