Benefits
Unlock benefits for your clients
The true test of PropTech's value is if it can also help your clients. See the incredible benefits PayProp brings to your landlords and tenants.
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Property account
- Channel and securely hold a landlord’s rental income
- Reserve funds for emergency property repairs
- Maintain a target balance by automatically topping up
Security deposits
PayProp allows you to hold client security deposits within a fully transparent system. Deposit funds are stored in a ring-fenced trust account, created specifically for you when you join PayProp.
More ways to pay
Your tenants get many easy ways to pay with PayProp, including debit order, online, via bank transfer, at ATMs, using Pay@ or at Absa branches – so no matter if the bank is closed, they can still pay the rent.
Proof of payment
PayProp is a bank-integrated platform, so whatever amount is shown as paid – on the Tenant portal, a statement or the platform – is a true reflection of the money that has been processed.
Best software for rental agents
Tenant Assessment Report
PayProp’s Tenant Assessment Report gives agents more information to vet a tenant. Our report includes not just a traditional credit score, but also can include rental payment data for current or previous tenancies, if supplied by other PayProp-powered agencies.
- More information than a normal credit report
- Redownload for free
- The PayProp Rental Risk Score
Best software for rental agents
Integrated maintenance
PayProp’s integrated maintenance provides a simple and convenient way for you to manage maintenance and repair tickets and communicate progress. Save time by enabling tenants to log issues easily and on the go when they arise.
- Log issues with properties
- Invoices attached to tickets
- Create payments from maintenance tickets
Best software for rental agents
Proof of payment
PayProp allows agents to request a proof of payment PDF from Absa for any outgoing payment made through the system.
- Comes directly from the bank
- A PDF which can be easily e-mailed or printed
When I’m having the initial conversation with a new client, I explain the benefits – like the increased chance that tenants pay the correct rent on time because of the automatic invoices and reminders.
More features
Client communications
Automate all your payment communications and account statements at the push of a button.
Landlord & tenant benefits
The true test of PropTech's value is if it can also help your clients – whether indirectly by speeding up payment processes, or directly.
Arrears management
Catch arrears before they become a problem with live payment status views. Send proactive reminders via e-mail and text message.