ACH rent payment
An ACH rent payment uses the Automated Clearing House network to move rent electronically from a tenant’s bank account to the landlord or manager’s account. It is the bank-to-bank alternative to paying rent by card.
ACH vs card
- ACH usually costs less to process than cards, which makes it well suited to recurring rent.
- ACH typically settles in a small number of business days rather than instantly.
- Cards can be more convenient for one-off charges and application fees.
AXYS accepts rent and charges by both card and bank (ACH), with each payment recorded against the right property and lease and funds settling into your AXYS account.
Run the numbers in one system
AXYS unifies rent collection, banking, automated owner distributions, reserves, and accounting. Book a 30-minute walkthrough.