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Offer flexibility by displaying your Venmo, Cash App, and Zelle information to tenants. This variety of options ensures that tenants can always find a convenient way to pay their rent on time.
We support various payment methods including ACH (bank transfer), credit cards, debit cards, and popular digital wallets like Venmo, Cash App, and Zelle.
Yes, you can set unique payment schedules for each property or tenant, accommodating various lease terms and payment frequencies.
There is an option on each invoice/payment request to add a late fee if you choose.
ZenRental does not get between you and your money. Aside from standard ACH and CC processing fees, ZenRental does not collect additional processing fees.
It varies by payment method. Stripe is the vendor we allow you to connect for electronic payments. Because ZenRental does not interfere with your transaction settlement, payout time frames are determined by Stripe. See this help article for more information.
Yes, tenants can easily set up recurring payments through their tenant portal for hassle-free, on-time rent payments.
We advice against accepting partial rent payments, however, ZenRental allows you to request 1-off charges for miscellaneous items.
Yes, you can collect and manage security deposits through Zen Rental, keeping them separate from regular rent payments.
You have complete control over how you collect rent. You can adjust the rent amount on your lease and the payment schedule. We also have rent increate notice letter templates for your convenience.
This feature is coming soon.
Yes, you can set up split payments for multiple tenants sharing a property, allowing each to pay their portion separately.
Yes, you can manually enter cash or check payments to keep all rent records in one place, even for offline transactions.
If you have a month where you need to pro-rate rent, simply create a 1-off charge request for the pro-rated month and start/end your recurring rent charge appropriately.