PropPay Pricing
PropPay pricing:
free for landlords.
PropPay costs landlords nothing: there's no subscription, setup fee or contract. Each payment carries a service fee of 0.5% + $1, at most $10. A bank payment costs just that, and a credit card payment adds a card fee of up to 3%. By default the tenant pays the fees, so the landlord receives the full rent.
- No subscription
- No contract
- Fees shown before paying
Key facts
- Landlords
- $0/moNo subscription, setup fee or contract
- Bank transfer
- 0.5% + $1The service fee, at most $10. Under about $1,000 a small bank transfer fee covers the processor, so $500 rent costs $5.04
- Credit card
- + up to 3%The service fee plus a card fee of the processor's 2.9% + 30¢, capped at 3% of the rent. Only if you turn cards on
- Most a bank payment costs
- $10Reached on rent of $1,800 or more
- Who pays the fees
- Your choiceThe tenant by default, so you receive the full rent. Or cover them yourself in Settings, for bank and card alike, and the tenant pays exactly the rent
One plan
Everything included.
Nothing to pay.
PropPayFree
For landlords who want rent collected, and nothing else.
Start free- Unlimited tenants
- Pay links and reminders by email
- Bank transfer, and credit card if you want it
- Autopay by bank
- Automatic reminders
- Payouts to your bank
0.5% + $1 service fee per payment ($10 max), plus a card fee on cards
Worked examples
What does a tenant pay, and what do you receive?
When the tenant pays the fee, PropPay works out the total so that what's left after every fee is exactly the rent.
| Monthly rent | Bank, tenant pays fee Tenant pays / you receive | Bank, you pay fee Tenant pays / you receive | Card, tenant pays fees Tenant pays / you receive | Card, you pay fees Tenant pays / you receive |
|---|---|---|---|---|
| $500 | $505.04 / $500.00 | $500.00 / $495.00 | $518.50 / $500.00 | $500.00 / $481.70 |
| $1,000 | $1,006.00 / $1,000.00 | $1,000.00 / $994.00 | $1,036.00 / $1,000.00 | $1,000.00 / $964.70 |
| $1,500 | $1,508.50 / $1,500.00 | $1,500.00 / $1,491.50 | $1,553.50 / $1,500.00 | $1,500.00 / $1,447.70 |
| $2,500 | $2,510.00 / $2,500.00 | $2,500.00 / $2,490.00 | $2,585.00 / $2,500.00 | $2,500.00 / $2,417.20 |
By bank the fee is $6 on rent from $625 to $1,000, then 0.5% plus $1, up to the $10 maximum from $1,800. By card the service fee is joined by the processor's 2.9% + 30¢, capped at 3% of the rent when the tenant pays it. The tenant sees the exact total before paying.
How much does PropPay cost?+
PropPay is free for landlords, with no subscription, setup fee or contract. Each payment carries a service fee of 0.5% + $1, at most $10, plus a card fee on card payments, and by default the tenant pays them.
How does PropPay make money if it's free?+
From the service fee on each payment, after the payment processor's cost is paid out of it. PropPay keeps at least $1 a payment. There are no subscriptions, upgrades or paid add-ons.
What is the fee for paying rent by bank with PropPay?+
Just the service fee: 0.5% of the rent plus $1, never more than $10. On rent under about $1,000 a small bank transfer fee is added so the processor's cost is covered, so $500 rent costs $5.04 and $1,000 costs $6. The tenant pays it by default; a landlord can choose in Settings to cover it instead.
What is the fee for paying rent by credit card with PropPay?+
The service fee (0.5% + $1, at most $10) plus a card fee of 2.9% and 30 cents, capped at 3% of the rent, so the landlord still receives the full rent. On $1,500 rent the tenant pays $1,553.50. Cards are off until the landlord turns them on; when the tenant pays the card fee, card payments need rent of $100 or more and aren't offered in states that don't allow card surcharges. Debit cards aren't accepted.
Is there a limit on tenants or payments in PropPay?+
No. PropPay has no limit on the number of tenants or payments, and the fees are the same for every landlord.
Keep exploring PropPay
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