A Billion Dollars in Rent Transformed TenantPay Quietly Redefines the Market
TenantPay returns to the scene with a next‑generation rent app that converts rent payments into rewards and credit. Tenants earn perks, landlords receive easy, no-cost rent collection.
Canada’s First Digital Rent Platform Revolutionizes Payments
TenantPay, Canada’s first digital rent platform, has launched anew with a next‑generation web and mobile app, transforming the way tenants and landlords manage rent. In a market in which Canadians pay close to $1 billion using TenantPay on an annual basis, the company’s new platform transforms a mundane monthly cost into a satisfying and credit‑building experience.
Smooth Rent Payments With Multiple Choices
The new TenantPay app makes it easy for tenants to pay rent online through credit cards, debit cards, or Interact e‑Transfers, without landlords having to alter their banking configuration. Each timely payment results in TenantPay Points, usable for rent credit or top retail gift cards, in addition to reporting to Equifax to enable tenants to build their credit profile. A new gamified reward system incentivizes regular early payments, turning rent day into a financial victory rather than a biweekly drudgery.
Benefits to Landlords and Property Managers
Landlords and property managers will benefit from TenantPay with automated rent collection, real-time reconciliation, and bank deposits straight to their accounts with no platform fees! The platform is SOC 2 and FINTRAC compliant, with bank-grade security and complete transparency for both parties in the transaction.
A Smarter, Rewarding Rent Ecosystem
“Rent is the single largest monthly expense for most Canadians, yet the experience hasn’t changed in decades,” said Amyn Diamond Murji, CEO of TenantPay. “With our new app, we’ve built a smarter, more rewarding rent ecosystem where tenants benefit from credit growth and perks, and landlords get reliable, automated payments. It’s a win‑win that moves the market forward.”
Driving Nationwide Expansion in Fintech Housing Market
TenantPay, having brokered close to $1 billion in rent payments every year, now looks to scale nationwide adoption with this relaunch, filling the gap between fintech innovation and the housing sector.
Media Contact
Organization: TenantPay
Contact Person: Amyn Murji
Website: https://www.tenantpay.com/
Email: marketing@tenantpay.com
Contact Number: +18446081010
City: Toronto
State: Ontario
Country: Canada
Release Id: 04082531906
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