Managing your money just got a whole lot easier—from rent and vendor payments to application fees and association dues.
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We are thrilled to announce that Buildium has launched ePay for online payments in Canada. You can now collect and disburse payments for residents, owners, and vendors online by eCheck (EFT). All transactions made through online payments will be automatically recorded, both in your bank account and in Buildium.
Why Should You Use ePay?
It’ll make your life easier.
Slash payment processing times by up to 70%. You’ll reduce the time you spend on bookkeeping due to seamless integration with Buildium’s back-end accounting.
It’ll keep tenants on track.
Tenants can set their payments to occur automatically through the resident portal, either on a one-time or recurring basis. Automated payments help residents to stay on track and avoid late fees.
You’ll keep residents happy.
Satisfy the 77% of residents who prefer paying their bills online.* Give your tenants and association owners the flexibility to make payments from anywhere, anytime.
*Research by Nielsen
You’ll make more money.
Set up convenience fees to offset charges to your Buildium account. Your residents cover the per eCheck (EFT) transaction costs. You also have the option of setting higher convenience fees to make additional income.
How to Get Started with ePay
You can apply for ePay right in Buildium. Go to the Accounting menu and then click on Banking. Go to the ePay settings tab and then click Apply to get started. From here, follow the application process to submit the necessary information. You will then need to turn on the functionality for your properties so residents can begin making payments.
We’re very excited to make ePay available in Canada! We’re always striving to improve our product, and we’d love to hear your thoughts in the comments below.Read more on Buildium News