--- title: What Should You Know About Accepting Electronic Payments for Rent? description: With today's technology, there are a lot of ways to process payments. Here are some things you should know about accepting electronic payments for rent. image: https://www.jmzmanagement.com/hubfs/Imported_Blog_Media/9899159484_110c2cd418_z_640-2.jpg --- - [![fb](https://www.jmzmanagement.com/hubfs/fb.svg) ](https://www.facebook.com/people/JMZ-Management/61583225726428/) - [![x](https://www.jmzmanagement.com/hubfs/x.svg) ](https://twitter.com/JmzManagement) - [![linkedin](https://www.jmzmanagement.com/hubfs/linkedin.svg) ](https://www.linkedin.com/company/jmz-management) [248-284-6990 ](tel:+12482846990) Login - [![Property Owner](https://www.jmzmanagement.com/hubfs/JMZ%20Website%202025/Icons/Property%20Owner.svg) Owner Portal Login ](https://jmzmanagement.appfolio.com/oportal/users/log_in) - [![Tenant](https://www.jmzmanagement.com/hubfs/JMZ%20Website%202025/Icons/Tenant.svg) Tenant Portal Login ](https://jmzmanagement.appfolio.com/connect) [![JMZ-Logo-Final-Black-BG-01](https://www.jmzmanagement.com/hubfs/JMZ%20Website%202025/JMZ-Logo-Final-Black-BG-01.svg "JMZ-Logo-Final-Black-BG-01")](https://jmzmanagement.com) ** - About Us - [About ](https://www.jmzmanagement.com/about-page) - [Testimonials ](https://www.jmzmanagement.com/testimonials) - [Careers ](https://www.jmzmanagement.com/careers) - [Vendors ](https://www.jmzmanagement.com/vendors) - Owners - [Owner Portal Login ](https://jmzmanagement.appfolio.com/oportal/users/log_in) - [Property Management Services ](https://www.jmzmanagement.com/services-performed) - [Pricing ](https://www.jmzmanagement.com/pricing-page) - [Guaranteed Rent ](https://www.jmzmanagement.com/guaranteed-rent-program) - [Multifamily Property Management ](https://www.jmzmanagement.com/multifamily-property-management) - [Owner Resources ](https://www.jmzmanagement.com/owner-resources) - [Savings Calculator ](https://www.jmzmanagement.com/calculate-your-potential-savings) - [FAQs ](https://www.jmzmanagement.com/rental-owner-faq) - Residents - [Resident Portal Login ](https://jmzmanagement.appfolio.com/connect/users/sign_in) - [Pay Rent ](https://jmzmanagement.appfolio.com/connect/users/sign_in) - [Resident Resources ](https://www.jmzmanagement.com/resident-resources) - [How to Apply ](https://www.jmzmanagement.com/how-to-apply) - [Maintenance Request ](https://account.appfolio.com/realms/foliospace/protocol/openid-connect/auth?activation_state&client_id=client-f26241e15e2962281b1e38ee245544d296db126d&portfolio_uuid&redirect_uri=https%3A%2F%2Fjmzmanagement.appfolio.com%2Fconnect%2Fusers%2Foauth%2Fcallback&response_type=code&scope=openid+offline_access&session_timed_out=false&state) - [Move-in/Move-out Checklist ](https://www.jmzmanagement.com/moving-checklists) - [FAQs ](https://www.jmzmanagement.com/faq-for-tenants) - Vacancies - [Search Available Homes ](https://www.jmzmanagement.com/search-available-homes) - [Search Available Apartments ](https://www.jmzmanagement.com/search-available-apartments) - [Apartment Communities ](https://www.jmzmanagement.com/apartment-communities) - [How To Apply ](https://www.jmzmanagement.com/how-to-apply) - [ Areas we Serve ](https://www.jmzmanagement.com/#areas-we-service) - [ Partnership Program ](https://www.jmzmanagement.com/partnership-program) - Resources - [Free Resources ](https://www.jmzmanagement.com/resources) - [Blog ](https://www.jmzmanagement.com/jmz-blog) - [Pay Rent ](https://account.appfolio.com/realms/foliospace/protocol/openid-connect/auth?activation_state&client_id=client-f26241e15e2962281b1e38ee245544d296db126d&portfolio_uuid&redirect_uri=https%3A%2F%2Fjmzmanagement.appfolio.com%2Fconnect%2Fusers%2Foauth%2Fcallback&response_type=code&scope=openid+offline_access&session_timed_out=false&state) - [ Contact Us ](https://www.jmzmanagement.com/contact-page) Login - [![Property Owner](https://www.jmzmanagement.com/hubfs/JMZ%20Website%202025/Icons/Property%20Owner.svg) Owner Portal Login ](https://jmzmanagement.appfolio.com/oportal/users/log_in) - [![Tenant](https://www.jmzmanagement.com/hubfs/JMZ%20Website%202025/Icons/Tenant.svg) Tenant Portal Login ](https://jmzmanagement.appfolio.com/connect) - [![fb](https://www.jmzmanagement.com/hubfs/fb.svg) ](https://www.facebook.com/people/JMZ-Management/61583225726428/) - [![x](https://www.jmzmanagement.com/hubfs/x.svg) ](https://twitter.com/JmzManagement) - [![linkedin](https://www.jmzmanagement.com/hubfs/linkedin.svg) ](https://www.linkedin.com/company/jmz-management) 248-284-6990 ![Customer Support](https://www.jmzmanagement.com/hubfs/Customer%20Support.svg) ### Customer Support [Learn About Customer Support ](https://www.jmzmanagement.com/support) ![Free Rental Analysis](https://www.jmzmanagement.com/hubfs/Free%20Rental%20Analysis.svg) ### Free Rental Analysis [Get Your Free Rental Analysis ](https://www.jmzmanagement.com/freerentalanalysis) ![Blog-Banner](https://www.jmzmanagement.com/hs-fs/hubfs/JMZ%202018/all-banner-images/Blog-Banner.jpg?width=2000&name=Blog-Banner.jpg "Blog-Banner") January 13, 2015 - [![Facebook](https://www.jmzmanagement.com/hubfs/JMZ%202018/Blog/Facebook_Icon.png) ](http://www.facebook.com/sharer.php?u=https://www.jmzmanagement.com/jmz-blog/what-should-you-know-about-accepting-electronic-payments-for-rent) - [![Twitter](https://www.jmzmanagement.com/hubfs/JMZ%202018/Blog/Twitter_Icon.png) ](https://twitter.com/intent/tweet?url=https://www.jmzmanagement.com/jmz-blog/what-should-you-know-about-accepting-electronic-payments-for-rent) - [![Linkedin](https://www.jmzmanagement.com/hubfs/JMZ%202018/Blog/Linkedin_Icon.png) ](http://www.linkedin.com/shareArticle?mini=true&url=https://www.jmzmanagement.com/jmz-blog/what-should-you-know-about-accepting-electronic-payments-for-rent) # [What Should You Know About Accepting Electronic Payments for Rent?](https://www.jmzmanagement.com/jmz-blog/what-should-you-know-about-accepting-electronic-payments-for-rent) ![tenant making rental payment online](https://www.jmzmanagement.com/hs-fs/hubfs/Imported_Blog_Media/9899159484_110c2cd418_z_640-2.jpg?width=600&height=350&name=9899159484_110c2cd418_z_640-2.jpg "Image Credit: https://www.flickr.com/photos/hmrcgovuk/9899159484") How does a Landlord know if they should accept Electronic Payments for rent? The check has become an outdated form of payment. There are many options available with today’s technology. The most popular form of payment seems to come in the form of direct rent deposits. This can be done by Direct Deposits into the Landlords account or Automatic Withdrawal from the tenant’s bank account. There can be some risks, but it very convenient, especially for out-of-town Landlords. Here are a few of the many forms of electronic payments landlords may want to consider accepting. ## Automatic Withdrawals Other than the tenant not having sufficient funds in their account or funds available on their credit card, there is little risk to the Landlord. It decreases administrative costs and provides convenience. ## Direct Deposits There are always risks when you give a tenant your banking information. Make sure that access is limited. In this case, the tenant controls the payment. Partial payment can delay eviction processes if the situation would arise. Protect yourself by carefully drafting your lease. ## PayPal PayPal has always been and still is a trusted and secure form of web-based electronic payment. The Landlord only needs to give the tenant their email address. The downside to PayPal is that there is a delay transferring funds from PayPal account to Savings or Checking account and as with Direct Deposits partial payment can delay eviction. ## Accounting Some states do not allow security deposits and rent to be held in the same account. Check with your state to see you need to have a separate account for Automatic Withdrawal or Direct Deposit. It is up to you to determine which form of payment works best for you. Choose the most convenient and lowest risk method. Understanding Local and State laws, along with careful planning can minimize your risks also. ## Posts You Might Like [Best Property Management for Dearborn](https://www.jmzmanagement.com/jmz-blog/best-property-management-for-dearborn) [Why Summer Is the Best Time to Rent Out Your Property in Michigan](https://www.jmzmanagement.com/jmz-blog/why-summer-is-the-best-time-to-rent-out-your-property) [Signs It’s Time to Hire a Property Management Company](https://www.jmzmanagement.com/jmz-blog/signs-its-time-to-hire-a-property-management-company) [How Landlords Can Boost Summer Leasing Success in Michigan](https://www.jmzmanagement.com/jmz-blog/how-landlords-can-boost-summer-leasing-success) [![logo](https://www.jmzmanagement.com/hubfs/logo.svg "logo")](https://jmzmanagement.com) 40020 Twelve Mile Rd, Novi, MI 48377, USA [248-284-6990 ](tel:+12482846990) - - - ### Residents - [Resident Portal Login](https://www.jmzmanagement.com/residents-portal-page) - [Resident Resources](https://www.jmzmanagement.com/resident-resources) - [Available Homes](https://www.jmzmanagement.com/search-available-homes) - [How to Apply](https://www.jmzmanagement.com/how-to-apply) ### Owners - [Owner Portal Login](https://www.jmzmanagement.com/owner-portal-login) - [Owner Resources](https://www.jmzmanagement.com/owner-resources) - [Owner FAQs](https://www.jmzmanagement.com/rental-owner-faq) - [Pricing](https://www.jmzmanagement.com/pricing-page) ### Company - [About Us](https://www.jmzmanagement.com/about-page) - [Testimonials](https://www.jmzmanagement.com/testimonials) - [Blog](https://www.jmzmanagement.com/jmz-blog) - [Contact Us](https://www.jmzmanagement.com/contact-page) #### Subscribe to Our Blog Subscribe to receive real estate investing best practices and news. JMZ Management is committed to ensuring that its website is accessible to people with disabilities. All the pages on our website will meet W3C WAI’s Web Content Accessibility Guidelines 2.0, Level A conformance. Any issues should be reported to 248-284-6990 © 2026 JMZ Management. All Rights Reserved. | [Privacy Policy](https://www.jmzmanagement.com/privacy-policy) A Geekly Media Website