We've put together a few FAQs for accepting credit cards payments for rent. If you have additional questions, please reach out to our team at firstname.lastname@example.org and they would be happy to answer those!
Q. How much does it cost to accept credit or debit card payments for rent?
A. We charge a 2.25% Technology Fee to cover that transaction. For example, if you charge $1,000.00 for rent and your Tenant chooses to pay via credit or debit card, they would be charged a Technology Fee of $22.50 in addition to the rent.
Q. Who is responsible for the Technology Fee?
A. Tenants are responsible for all credit and debit card Technology Fees.
Q. Is there a a discount for a paid membership?
A. ACH Technology Fees may be covered under paid memberships, but credit and debit card Technology Fees are always paid by the Tenant.
Q. How competitive is LandlordStation's Technology Fee in the market?
A. Our competitors charge 2.75% or higher for a credit/debit card fee.
Q. How quickly are funds transferred?
A. We batch out credit and debit card payments overnight after payment.