Tecchie

Linking Multiple Tenant Cards

There has been an update to our rent card products this month, in the area of automatic receipting, and linking tenant cards together.

Why would you want to link tenant cards? If you have properties where there are multiple tenants paying rent but you want the funds receipted against only one property, you will want to link the cards together so that the fun
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ds are all receipted against the correct property.

Within all of our rent card products you could previously only link two subsidiary cards to one “master card” number which was placed in the bank details of your property management system.

Now, we have expanded the system capabilities to allow an unlimited number of cards to be linked to a “master card” number. We have also upgraded the functionality to make it a bit more “user-friendly”.

If you are an existing client, you can check out the new features by logging into the agents only portal, and clicking on “Link Multiple Cards”.


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Update to Cleared Funds Processing

On Wednesday the 22nd of October we will be introducing new rules for cleared funds processing for transactions initiated by tenants using Credit Cards, BPay or POSTbillpay.

For POST Billpay and BPAY, if we receive the funds prior to the normal 3pm cut-off time, we will transfer the funds to you the same day.

For Credit Cards (MasterCard and Visa Card) if the transaction is processed prior to the normal 3pm cut-off time, we will transfer the funds to you same day.

Funds received or transactions processed after this time will be transferred on the next business day.

Please click
here play a presentation for more information about the change and to find out more about this change and the new reports.

Please note, your speakers must be on, and for security purposes you will be required to enter your name before listening to this message.

Chat to you over coffee again soon!
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