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PayProp

payprop.com

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Spec score 9.1 #13 of 268 in Property Management Software

Spec sheet

What it does
PayProp is a cloud platform that automates rental-payment collection, reconciliation and distribution for residential property managers.Read 14 Oct 2026 · getapp.com
Free plan
NoRead 23 Sep 2026 · payprop.com
Paid from
40Read 23 Sep 2026 · payprop.com
Integrations
Listed integrations include Automated Accounting, Xero, Nexus, Homebox, Mailchimp, Fixflo, PadBoss, Property Inspect and Reapit.Read 14 Oct 2026 · payprop.com
Security
PayProp says transaction information is encrypted using 256-bit SSL certificates and its application runs behind firewalls monitored around the clock.Read 4 Oct 2026 · payprop.com
Support
PayProp offers phone and email support, onboarding, refresher training, and a dedicated account manager.Read 14 Oct 2026 · payprop.com
Headquarters
London, United KingdomRead 28 Sep 2026 · payprop.com
Founded
2004Read 28 Sep 2026 · payprop.com
API authentication
The API supports account API keys and OAuth 2.0 using client IDs, client secrets and user access tokens over HTTPS.Read 14 Oct 2026 · us.payprop.com
API licensing
API intellectual property remains with PayProp and customers receive a limited, non-exclusive, non-transferable licence; additional API service charges may apply.Read 14 Oct 2026 · uk.payprop.com
API scope
The API documentation covers exports, reports, webhooks, tags, attachments and maintenance-ticket operations.Read 14 Oct 2026 · us.payprop.com
Arrears management
Live payment-status views and automated email or text reminders help agents identify and pursue arrears.Read 14 Oct 2026 · payprop.com
Automated accounting
Rules can automatically distribute commissions, contractor payments, landlord payments and other approved payouts.Read 14 Oct 2026 · payprop.com
Automated payments
Based on rules set by the user, PayProp pays commissions, contractors, landlords and other recipients, potentially on the day the tenant pays rent.Read 4 Oct 2026 · payprop.com
Backups and audit trail
The service says data is replicated across data centres, backed up off-site and recorded in an undeletable transaction log.Read 14 Oct 2026 · payprop.com
Client communications
PayProp generates branded invoices, statements, receipts, payment notices and reminders for tenants, landlords and contractors.Read 14 Oct 2026 · payprop.com
Client funds
The UK site says client funds are held in designated CMP-recognised NatWest client money accounts and that FSCS protection may apply subject to eligibility and prevailing rules.Read 4 Oct 2026 · payprop.com
Client-money protection
Funds are held in ring-fenced accounts separated by property, landlord and intended purpose, with FSCS protection stated for eligible UK funds.Read 14 Oct 2026 · payprop.com
Company facts
LinkedIn lists PayProp as privately held, founded in 2004, headquartered in Sevenoaks, Kent, with 51–200 employees.Read 14 Oct 2026 · linkedin.com
Company scale
LinkedIn says the platform processes more than £300 million annually across more than 200,000 properties.Read 14 Oct 2026 · linkedin.com
Device access
The pricing page says PayProp is optimized for desktop, tablet and mobile phone use.Read 4 Oct 2026 · payprop.com
Investment and merger
PayProp says it received Accel-KKR investment in 2022 and merged with Reapit in 2023.Read 14 Oct 2026 · payprop.com
Legal entity and ownership
Crunchbase identifies the legal name as PayProp Services, LLC, lists Reapit as acquirer and records founders Jaco and Johannes van Eeden.Read 14 Oct 2026 · crunchbase.com
Limit: block-management fit
A reviewer said adapting PayProp to block management was difficult and produced confusing statements and reconciliation problems.Read 14 Oct 2026 · softwareadvice.com
Limit: interface and onboarding
Some reviewers report a slow interface, time-consuming data entry and difficulty learning or initially integrating the system.Read 14 Oct 2026 · softwareadvice.com
Limit: missing credit checks
A reviewer requested built-in credit-check capability that PayProp does not provide.Read 14 Oct 2026 · softwareadvice.com
Limit: Owner app portfolio handling
App Store reviewers reported portfolio-overwrite, registration, dashboard-design and data-retention problems.Read 14 Oct 2026 · apps.apple.com
Limit: reporting/export
Trustpilot reviewers complained that CSV export was unavailable and that reporting was inadequate for some accounting needs.Read 14 Oct 2026 · trustpilot.com
Maintenance
Maintenance tickets can record property issues, attach invoices and create payments from the ticket workflow.Read 14 Oct 2026 · payprop.com
Notable product update
The API changelog records a maintenance-ticket endpoint expansion in November 2022 and webhook, tag and reporting additions during 2023.Read 14 Oct 2026 · us.payprop.com
Payment reconciliation
The system matches incoming payments to the correct tenants and properties and can complete payouts on the same day.Read 14 Oct 2026 · payprop.com
Praise: automation
Reviewers praise the time saved by automated payment, reconciliation, invoicing and landlord-distribution workflows.Read 14 Oct 2026 · softwareadvice.com
Praise: support
Reviewers repeatedly describe the support team as helpful, knowledgeable, professional and responsive.Read 14 Oct 2026 · softwareadvice.com
Public API
PayProp publishes an Agency API v1.1 specification in OpenAPI format and says it is still being expanded.Read 14 Oct 2026 · us.payprop.com
Rating on Apple App Store
4.7 out of 5 from 3 ratingsRead 14 Oct 2026 · apps.apple.com
Rating on Capterra
4.5 out of 5 from 13 reviewsRead 14 Oct 2026 · capterra.com
Rating on GetApp
4.5 out of 5 from 13 reviewsRead 14 Oct 2026 · getapp.com
Rating on Glassdoor
3.9 out of 5 from 23 reviewsRead 14 Oct 2026 · glassdoor.com
Rating on Software Advice
4.5 out of 5 from 13 reviewsRead 14 Oct 2026 · softwareadvice.com
Rating on Trustpilot
2.5 out of 5 from 5 reviewsRead 14 Oct 2026 · trustpilot.com
Reporting
Portfolio reporting includes trends and information on income, invoices, properties, tenants, rents and maintenance.Read 14 Oct 2026 · payprop.com
Security encryption
PayProp states that transaction information is protected with 256-bit SSL encryption and is not transmitted unencrypted in the browser.Read 14 Oct 2026 · payprop.com
System requirements
The platform is optimized for desktop, tablet and mobile-phone use.Read 14 Oct 2026 · payprop.com
Target customers
PayProp describes itself as a bank-integrated client account solution for letting agents.Read 4 Oct 2026 · payprop.com
Tenant portal
Tenants receive a branded portal for payment options, payment history, deposits, documents and maintenance requests.Read 14 Oct 2026 · payprop.com
User access
The pricing page says an unlimited number of user accounts are included at no extra cost.Read 4 Oct 2026 · payprop.com

Plans and prices

License $40 a month billed monthly Unlimited user accounts are included. Read 23 Sep 2026 · payprop.com
Monthly service fee £1 a month monthly processing volume based · percentage decreases with higher volume Read 14 Oct 2026 · payprop.com
License £79 a month monthly quote required for exact pricing Read 14 Oct 2026 · payprop.com
Once-off setup fee Price not published once depends on portfolio size Read 14 Oct 2026 · payprop.com
PayProp Priced on request Monthly service fee: Less than 1% of your processing volume; once-off setup fee: £600 - £2,000 based on portfolio size; license: From £79/pm. Pricing depends on portfolio size and processing volume Read 4 Oct 2026 · payprop.com

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