PayProp vs RentPay
PayProp
payprop.comRentPay
rentpay.com.auSide by side
| Figure | PayProp | RentPay |
|---|---|---|
| Price from | — | Free |
| Free plan | — | Yes |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | — |
| Plans published | 5 | 3 |
| Spec score · Rent Payment Software | 8.8 (#6) | 8.7 (#8) |
| Headquarters | London, United Kingdom | Perth, Western Australia |
| Rating on Apple App Store | 4.7 out of 5 from 3 ratings | 3.7 out of 5 from 146 ratings |
| Rating on Trustpilot | 2.5 out of 5 from 5 reviews | 2.6 out of 5 from 8 reviews |
| Security | PayProp says transaction information is encrypted using 256-bit SSL certificates and its application runs behind firewalls monitored around the clock. | Funds are held in an Australian bank trust account, and personal and payment information is stored in a secure high-security data centre. |
| Support | PayProp offers phone and email support, onboarding, refresher training, and a dedicated account manager. | Australian-based support is available Monday to Friday from 8:30am to 6:30pm AEST by phone and email. |
| What it does | PayProp is a cloud platform that automates rental-payment collection, reconciliation and distribution for residential property managers. | RentPay is an Australian digital wallet and rental-payment service that lets tenants schedule deposits and payments to agents. |
Plans
PayProp
- License$40 a month
- Monthly service fee£1 a month
- License£79 a month
- Once-off setup feePrice not published
- PayPropPriced on request
In their own words
RentPay
RentPay is a rental-payment platform for tenants who pay rent through an agent. It lets users set weekly, fortnightly or monthly deposits, and can debit funds on payday before rent is due. Payments can be made by bank transfer, PayID, BPAY, debit or credit card, PayPal, Alipay, WeChat Pay or UnionPay. Cleared account funds earn 2.50% p.a. before transfer to the agent’s trust account. The free account has no monthly, signup or money-sending fee, but payment-method charges apply, including 1.15% for cards and $1.00 for BPAY. Its wallet limit is $9,999, with interest calculated only on balances up to $9,500. Other services include bill smoothing, Paylab rewards transferable from participating Australian retailers, and Scorebuilder, which reports account status monthly to illion. Users can see payment history in the app, but cannot download it. RentPay is available on Android, iOS and web.