PayProp holds all processed funds directly in CMP-recognised NatWest client accounts, providing Financial Service Compensation Scheme (FSCS) protection. Additionally, PayProp carries separate professional indemnity insurance to cover any unforeseen eventualities.
Automatically match payments to the right tenants in a few seconds – no matter how your tenants choose to pay.
With one end-to-end process, our streamlined rental payments can have you receive, reconcile and pay out rent on the same day the tenant pays.
Maintain total control of your payments with flexible rules, pre-set by you per property. Once rent is paid and reconciled, the money goes where you need it to.
Automatically hold rent in reserve for those little property emergencies. Our Property account lets you pay approved contractor bills, taxes and other expenses without needing to invoice your landlord or wait until the rent is paid.
PayProp's integration with the banking system enables faster payouts, including your management fee. Our tech lets your landlords receive their funds as soon as the day rent is received, improving your your business’s cash flow.
Paying overseas landlords is easy with PayProp. Just add their international bank details, and our platform will do the rest, ensuring that they will get their rent no matter where your landlords live.
When switched on for these payment options, the tenant will be automatically billed for the third-party payment fees in question.
This version of PayProp is built specifically for unit management, providing features that allow efficient, transparent and secure processing of sectional title levies.
PayProp’s advanced industry trends analysis keeps you fully informed, allowing you to make the best decisions possible for your business.
Thousands of property managers trust PayProp to manage their payments, so our top priority is to ensure that their data is kept secure.
Catch arrears before they become a problem with live payment status views. Send proactive reminders via e-mail and text message.