With PayNearMe, residents can make cash rent payments without the need for a bank account, credit card, or photo/government issued ID. All a resident needs to do is obtain a printed payslip or mobile payment code from you, visit a participating PayNearMe store, show the cashier their unique PayNearMe payment code, and make their cash payment. When it’s easier for residents to make payments, it’s easier to receive payments on time.
Money from completed PayNearMe transactions will be deposited into your bank account within 5 business days without any risk of reversal. After each completed transaction your Buildium account’s resident ledger will update within minutes. PayNearMe eliminates the risk of fraud, theft, and payment disputes, and provides the satisfaction of guaranteed payments.
Completed transactions will automatically post to your Buildium account within minutes — no manual entry required. That means no time spent collecting, depositing, and logging cash payments, which means more time for you.
Because of Retail Cash Payments, we experience more timely payments and better security. The best feature is not needing an office in a prominent high-rent district. As a result, we plan on moving which will cut our office overhead in half!George "Chip" Spencer Investor's Choice Realty Suncoast