Updated over 9 years ago on . Most recent reply
Any Landlords use Venmo to receive rent?
The tenants of a new property I just acquired asked if they could pay their rent via Venmo. Now I'm considering offering this option to all my other tenants. I have not used Venmo much so I'm not too familiar with it, but wanted to see if there's any landlords out there with experience and if there are any drawbacks?
Thanks!
Most Popular Reply
I use eRentPayment.com for my unit. I like this option as it is only $3/transaction. Rent is automatically withdrawn from my tenants accounts on the 1st and auto deposited into mine about 5 business days after.