Real estate investors and property managers are all familiar with the frustration of tenants who never seem to pay their rent on time, which can throw your positive cash flow out-of-whack. Even when tenants pay the rent in full over the course of a month (making payments each week), the use of technology like mobile and online payments can add a sense of security for an owner. Knowing that it is easy for your tenants to pay can reduce the stress of having to stay on top of those payments through the month.
With modern technology, it just doesn’t make sense for owners not to take advantage of the growing online and mobile payment avenue.