I have several student rentals and am finding that students rarely have a chequing account these days and don't want to pay the fee that the major banks charge them to print up cheques. Even when they have cheques, they often do not fill the out correctly.
The problem with e-transfer, like TenantPay, is that the tenants control the payment. They have to remember to go into their on-line banking on the first of the month to send in their rent. I would much prefer an automated system that "pulls" the rent from their account each month. Does anyone here use Dwello besides Chris Chan?
The problem with e-transfer, like TenantPay, is that the tenants control the payment. They have to remember to go into their on-line banking on the first of the month to send in their rent. I would much prefer an automated system that "pulls" the rent from their account each month. Does anyone here use Dwello besides Chris Chan?