For rent, all payments must be made directly to your landlord and a valid supporting tenancy agreement is required. Types of payments in this category include:
Recurring rental payment for personal or commercial properties
Security deposit for personal or commercial properties
Paying rent is easy as 1 - 2 - 3: Select Your Property - Schedule Your Payment - Pay!
To get started with paying your rent, click on the 'Add recipient' button then select 'Landlord' on your dashboard.
Step 1 - Add landlord
If this is the first time you are paying rent you will need to add your landlord details. Simply do this by completing the form with your property and landlord details.
You will also need to upload a copy of your tenancy agreement. Your tenancy agreement should include the following information:
Signatures from both the landlord and the tenant
Landlord's name and bank details
Duration of rent agreement
You will only need to upload a copy of your tenancy agreement the first time you add the property.
TIP: The 'Note To Landlord' is the reference that will show up on your landlord's bank account. Your note should include a reference that can easily be recognised that the payment came from you.
Once you have finished adding your landlord, click on 'Make a payment', select 'Rent', and the landlord you wish to make payment to.
Step 2 - Schedule Your Payment
Schedule your payment based on the day your landlord needs to receive your payment. ipaymy will automatically calculate the charge date based on your region.
For more details on payment scheduling click here.
Step 3 - Pay
You are almost done! Review your payment and click Pay. Your card will then be charged and the receipt for the payment will be sent to your email.
For scheduled payments, a receipt will be emailed to you on the charge date for your recurring payments.
After your payment has been successfully deposited into your landlord's bank account, you will also receive a payment complete notification email with payment advice.