How to grow your payments app with letting and estate agents
By SendPay Business · · 2 min read
Letting and estate agents handle money from many people every month: holding deposits from new tenants, rent that has to be chased, and payments passed on to landlords. A payments app that makes each payment clear and easy to track can win small agencies, and every tenant and landlord they work with sees your app.
Talk to agents, landlords and tenants
Ask small letting agents and the people they work with:
- How do tenants pay holding deposits and rent today?
- How much time goes on chasing late rent each month?
- How do you show landlords what has been paid?
- What would make paying rent easier for tenants?
Send a clear link for every payment
A payment link for each holding deposit or month's rent, with the property and the amount written clearly, gives the tenant and the agent the same record.
Remind before rent is late
A friendly reminder a few days before rent is due, with the payment link inside, saves the agent from chasing and helps tenants stay on track.
Grow through tenants and landlords
Every agency works with dozens of tenants and landlords. One agency on your app can bring you a whole list of people who pay and get paid every month.
Build it
Create your own financial platform.
Pick a template, name it, brand it, preview every page before you pay. Your brand, your users, your fees.
Build my platform →Questions people ask
What about small landlords?
The small landlords guide covers collecting rent without an agent.
Small landlords →What about flatmates?
The flatmates guide covers splitting rent and bills in a shared home.
Flatmates sharing bills →Can I call it a bank?
In most countries "bank" is a protected word you can only use with a banking licence. Call it an account, a wallet, an app or a platform. The accounts and payments behind a SendPay Business platform are powered by licensed partners.
Is there a step-by-step plan I can follow?
Yes. The free launch checklist takes you from picking your people and naming your app to setting fees, going live and winning your first ten customers.
Digital bank app launch checklist →How do I start?
Pick a template, name it and preview every page before you pay. Your platform can be live on your own domain within 24 hours of confirmation.
Build my platform →Read next
This guide is general information, not legal or financial advice. SendPay Business is a technology company, not a bank, and does not take deposits; regulated services on the platforms are provided by licensed partners. PayPal, Patreon and Substack are named as reference points only and are not affiliated with SendPay Business.