Apple Pay

Renters Can Now Use Apple Pay To Make Payments

RadPad wants to make it easy not only find an apartment, condo or home, but also to pay rent. And, now, those renters can use Apple Pay to make those payments. RadPad recently integrated with the Apple Pay service making it far more convenient to pay rent, even to old school landlords who aren’t up-to-date on the newest payment solutions. Now, when using Apple Pay, RadPad users input their landlord’s information and their address. From there, users pay with a touch of a (Apple Pay) button.

RadPad launched in 2013. For potential renters, RadPad provides apartments listings and the ability to contact the landlord with questions or concerns. RadPad users can narrow down their search with filters such as price range, number of bedrooms/bathrooms, pet accommodations, roommates and location.

People who use it seem to love it. In an iTunes review, one user said, “I found my apartment through RadPad and I’m even using it to pay my rent now! RadPad makes my life so much easier. Looking forward to see how much more surprise you come up. Thank you!”

Obviously, part of making life easier is allowing its renters to pay via mobile and in the RadPad app. Those consumers will have to trade off convenience for fees. For users who wish to use debit card to pay rent, RadPad issues a $4.95/month charge if rent is under $5K a month and $9.95 if rent is $5K or more per month. For users who wish to use a credit card, consumers are charged a whopping 2.99 percent charge for all rent amounts.

So for those thinking of using RadPad to pay rent and rack up loyalty points at the same time, maybe they might want to think again. If a RadPad user pays a monthly rent of $1,400, they can expect to pay $41.86 on when they use Apple Pay to make that payment.

For consumers who don’t mind the extra charge, whether it be through debit or credit, RadPad offers pure convenience. In another review on iTunes, a RadPad user said, “Paid my rent on my debit card – super easy process and now I don’t have to worry about it again! Also nice to browse apartments nearby in case I need to move. Highly recommend!”

But if paying the extra fee is something that consumers just can’t afford, opting to go the traditional route might be the better way to go. RadPad accepts Visa, MasterCard, Discover, American Express, and Apple Pay credit and debit cards. ​

For additional news on Apple, visit the PYMNTS.com Apple Pay EcoSystem.

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