A Billion Dollars in Rent Transformed TenantPay Quietly Redefines the Market
TenantPay relaunches with a next‑gen rent app turning rent payments into rewards and credit. Tenants win perks, landlords get effortless, free rent collection.
TenantPay, Canada’s original digital rent platform, has relaunched with a next‑generation mobile and web app, redefining how tenants and landlords handle rent. In a market where Canadians pay nearly $1 billion through TenantPay annually, the company’s upgraded platform turns a routine monthly expense into a rewarding and credit‑building experience.
The new TenantPay app allows tenants to pay rent effortlessly via credit cards, debit cards, or Interac e‑Transfers, without requiring landlords to change their banking setup. Every on‑time payment earns TenantPay Points, redeemable for rent credits or top retail gift cards, while also reporting to Equifax to help tenants strengthen their credit profiles. A new gamified rewards system encourages consistent, early payments, transforming rent day into a financial win instead of a monthly chore.
For landlords and property managers, TenantPay offers automated rent collection, real‑time reconciliation, and direct bank deposits with zero platform fees! The platform is SOC 2 and FINTRAC compliant, delivering bank‑grade security and full transparency to both sides of the transaction.
“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.”
TenantPay, which has facilitated nearly $1 billion in rent payments annually, now sets its sights on expanding nationwide adoption with this relaunch, bridging the gap between fintech innovation and the housing market.
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