Q:

How do you pay your rent online?

A:

Quick Answer

Pay rent online by using a rent payment service such as Cozy.co or RentPayment.com, if the landlord or property manager participates in the program, as well as by using the bill payment service within an online banking tool, as of 2015. Some property management companies also offer online payment portals exclusively for residents, though this may vary between properties and companies.

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Full Answer

Cozy.co requires landlords and property managers to register with the service at no cost to access a wide range of management tools, which includes online rent payments in addition managing rental applications and posting property listings. To pay rent, tenants need to accept the lease term invitation from the landlord and use the company's Web or smartphone app to make payments by linking a bank account, credit card or debit card.

RentPayment.com functions on a similar process, wherein property managers need to establish an account with the service to collect rent payments. Residents also need to create an account through the site, and then locate the property from the listing to send a payment for rent. Payments may come from a checking account, debit card or credit card as well.

Many financial institutions that offer online banking tools feature a bill payment service, wherein customers designate the landlord as a bill collector, enter the address as an account number and set the payment amount to send a check for free.

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