Pay Rent using Housing mobile App – Review
Online rent payment space seems to get great traction lately even during the times of lockdown when everything else appears to be still. We’ve recently seen Cred launch it’s Cred Rent pay and too came up with a great cashback offer on HSBC credit cards.
Now Housing.com has launched the ‘Pay Rent’ feature on its mobile app to facilitate rent transfers using a Credit Card, debit card or UPI. The product is currently ‘app-only’ and will be launched on Housing.com’s website in the near future. Here’s everything you need to know,
Overview
| DESCRIPTION | VALUE |
|---|---|
| Service Fee | 1.3% (Credit cards), 1% (debit cards), 0% (UPI) |
| Min. Rent | Rs.3000 |
| Documents required | Nil |
| Rent Settlement | ~1 Hour |
Note: As of now the transactions are not marked as utilities, which is a good news. But this may change anytime soon, as volume increases.
Rewards
The above values explains everything you need to know. Plus, apart from settling payments almost instant, you also get rewards instantly upon payment, similar to how CRED works.
During my test, I got these rewards, post payment. You may use those coupons if you wish.
What’s the Process?
It’s neat & simple in 4 steps.
- Enter Your details
- Enter Your landlord bank details
- Enter the property details
- Enter Payment amount & checkout.
They use razorpay for payments, the UI of which looks great as always. Payment was transferred in a hour to landlord via IMPS during my test.
You can also download/share the rent receipt, which is a plain copy of the payment info in few lines. Here are some screenshots for your eyes:
