Why Renters Should Pay Rent Online with Azibo

Navigating the maze of mailing paper checks, marking calendars for rent deadlines, and dreading those late fee penalties has been the age-old narrative for renters. But isn't it time for a change? Especially when technology has transformed how we transact.

If platforms like Venmo or PayPal have revolutionized your payment experience, imagine a platform tailored just for the rental space. Meet Azibo: a financial platform meticulously crafted for both renters and landlords. With Azibo, you get a seamless rent payment process and a suite of additional features to empower every renter.

Are you prepared to redefine how you pay your rent? Experience the freedom to pay anytime, anywhere, and on any device. Discover the eight compelling benefits tenants can relish when they shift to online rent payments with Azibo

Top benefits of using Azibo for your rent payments

1. Trusted organizational tools

After submitting a rent payment, the last thing you want to hear your landlord say is, “I never received it.” With Azibo, renters and landlords are notified via email once you’ve paid. You get instant confirmation when the payment is initiated and then another notification once it’s received — as well as peace of mind.

Our platform also maintains a record of all of your rent payments and security deposits. In case of a discrepancy, you can easily log into Azibo and refer to proof of payment. You can also share this rent payment history with prospective landlords to demonstrate financial responsibility when searching for future apartments.

2. Automated rent payments

With Azibo’s automated payments, you’ll no longer have to remember to pay rent every month — or worry about being charged steep late fees. Tenants can use Azibo to proactively schedule one-time or recurring monthly payments from their smartphone or computer. 

This set-it-and-forget-it model protects your reputation throughout the entire rental process, ensuring that payments are always made on time. As one San Jose renter said, “I like that Azibo is free, secure, and makes my payments automatic every month. No more late fees for me!”

And if you’re uncomfortable with automated payments, Azibo still helps you stay on top of your rent by sending you a notification ahead of your due date. 

If you still forget to pay by the first of the month, Azibo’s online payments process within 1-2 business days so you can quickly make rent before your late fee deadline. 

3. Advanced security to protect your data

Online rent payments are much more secure in the modern rental landscape than paper checks. Imagine how easily a paper check could be stolen from your landlord’s doorstep or mailbox without you even realizing it. Identity theft protection company IdentifyForce notes that since paper checks feature your name, address, signature, and bank account and routing numbers, people should only use them sparingly.  

As a safer alternative to paper checks, tenants can pay rent online through Azibo, which deposits rent directly into your landlord’s bank account in as fast as 1-2 business days. Azibo is as secure as it is convenient — and is built on the same secure payments platform trusted by leading companies like Amazon, DocuSign, and Lyft. 

Our state-of-the-art, bank-level security protects your data and transactions at all times, so you never have to worry about your rent payments or personal information falling into the wrong hands. Finally, Azibo will never share your personal or bank account information with your landlords or any other party. Bottom line: no one can access your information or funds through Azibo. 

4. Real-world convenience

Picture this. You’re on vacation, lounging poolside when a sudden realization strikes: I forgot to mail my monthly rent check — it’s sitting on the counter back home. 

With Azibo, it’s no problem. Through our platform, tenants can easily make online rent payments from their phone, computer, or tablet instead of being tied to a physical checkbook. Pay rent online from anywhere, at any time, using any device — or, as we mentioned earlier, set your payments on autopilot for a whole new level of convenience.

5. Flexible payment methods

We understand that everyone’s financial situation is unique — so with Azibo, you have options. Azibo allows renters to pay rent online with a debit card, credit card, or bank transfer. 

When using your bank account, Azibo is free! And if you use a credit or debit card, you simply pay a small 2.99% convenience fee. 

6. Pay rent with your credit card

Putting large payments like rent on your card can be an attractive option for tenants looking to build credit, collect points, and earn rewards. And if you recently signed up for a new credit card, using it for your rent payments can help you meet the minimum spend required to receive a sign-up bonus. These credit card rewards can offset the 2.99% convenience fee. 

Credit cards may also be a convenient payment method when funds run low. If cash is tight for one month, you can put your rent payment on a card and pay it off at a future date. You can also set your credit card as a backup payment method in Azibo to avoid late fees (often higher than the convenience of using a credit card). 

Ultimately, your chosen payment method will depend on your financial situation and what makes the most sense that specific month. Remember: whether you’re paying by debit, credit, or bank transfer, responsible financial planning is critical.

7. Build your credit score  

At Azibo, we want to set renters up for financial success. Rent reporting — or sharing your history of on-time rent payments with credit bureaus — is a simple way to establish or build credit. 

With Azibo's Credit Boost feature, tenants who pay rent through Azibo can now report their on-time payments to credit bureaus on the same platform. Start a 3-month free trial (then $4.99 monthly), and Azibo will report your payments to the three major credit bureaus — Equifax, Experian, and TransUnion.

8. Get competitive rates on renters insurance

Even if your landlord doesn’t require it, you should consider getting a renters insurance policy. Renters insurance is a low-cost way to protect your belongings in case of theft, damage, or injuries. Most renters' insurance policies even provide coverage when these events happen outside your home. 

Azibo helps you find competitive rates for renters insurance with a policy that meets your unique needs. We simplify purchasing a policy and offer cost-effective renters insurance plans with premiums that fit your budget. And if you already have renters insurance, you can manually input your policy details in Azibo so the information is easily accessible.

How do you sign up for rent payments with Azibo?

Interested in streamlining your rent payment process with Azibo? Here's how you, as a tenant, can set up your account effortlessly:

1. Start the account creation: Your landlord will invite you to join Azibo via email or text. If you don’t receive one, don’t fret! You can still initiate an account creation without the invite. Just provide basic details like your name, email, and phone number, and verify your email using the provided code.
2. Dive into your dashboard: Once registered, navigate your Azibo dashboard. It provides an overview of upcoming payments and other handy options. Double-check to ensure all rent details match your lease agreement.
3. Pick a payment mode: With Azibo, you have choices. Choose between a free ACH transfer by linking your bank account or using a credit/debit card for a nominal fee. Your financial details are safe with Azibo, thanks to our secure partnership with Plaid.
4. Execute your first rent payment: From your dashboard, hit “Pay” and verify the displayed amount, including applicable fees or utilities. The initial payment may require up to five business days to process, but subsequent ones speed up to 2-3 business days. Keep tabs on the payment status via your dashboard.
5. Opt for automation (optional): For those keen on setting and forgetting, activate the AutoPay feature. Decide on your desired payment method and set the recurring payment date. This is reversible at any time.

And voila! You’re set to enjoy the modern convenience of online rent payments with Azibo. If your landlord isn’t on Azibo, why not invite them or point them toward resources that underline the advantages of online rent collection?

Taking Charge of Your Rental Experience with Azibo

Gone are the days of unreliable paper checks, paying rent in cash, last-minute scrambles, and opaque transaction records. In this digital age, Azibo is a beacon of convenience, security, and empowerment for renters everywhere. 

From automated payments and comprehensive rent histories to advancing your credit score and providing affordable renters insurance, Azibo transforms the traditional renting experience into one that's seamless and beneficial for all. 

As a renter, you deserve a platform that puts your needs at the forefront and makes rent payments easy. So, why settle for outdated methods when Azibo offers a smarter way to manage your rental finances? Embrace the future of renting with Azibo and experience a difference that truly matters.