Rent to Own

Accept Credit Cards for Rent to Own Payments at No Cost to You

Your Customers are Asking to Pay Their Rent to Own Bills by Credit or Debit Card – But you can not afford to pay the cost of accepting credit card payments – usually about 3% of the total payment. To make matters worse, your credit card contract, and in some states specific state laws, will not allow you to charge any extra fees of your customers who pay with credit cards.

You Receive the Full Rent to Own Payment. We pay all transactions cost out of the “Service Fee”. You pay nothing.

Here’s How it Works…Online – Your Web Site

You add a link to your web page – this could also be a “Make Payment Online” button.

Your customers enter the payment information and actively check the “Accept Service Fee” check box.

The credit or debit card is charged in real time. Payment made.

On the Phone with Your Staff

Your staff enters the payment information, explains the Service Fee (we can give you the script to do that) and checks the “Accept Service Fee” check box for your customer when they verbally agree.

The credit or debit card is charged in real time. Payment made.

When Do You Get the Money?

All money is handled by our banking partner.

In most cases, funding occurs as outlined below.:

1. Deposits are made next business day for all card types except American Express.
2. American Express payments deposit on the second business day.
3. ACH payments deposit on the next business day.

Note: In some cases, all funding is on the second business day.

Automated Billing of Monthly PaymentsIn addition to taking payments online and over the phone, we can also automatically bill your customer’s monthly payments. We can also set this up for automated weekly payments.

Save and Secure Storage of Credit Card Information

The Credit Card Association has very strict PCI Data Security Standards with which you must comply if you maintain credit card data on file. In addition the Gramm-Leach-Bliley Act has customer privacy restrictions you must comply with.

When you use our service to store this information securely online you effectively pass almost all of these liabilities to us. All of our systems are fully compliant with these standards. We employ a full time staff whose only responsibility is keeping our service fully compliant with these and other security issues as they change.

Talk to a Real Person to Learn More or to Get StartedCall Duke Williams at 800-768-0907. Or e-mail us: [bws_contact_form]

See Frequently Asked Questions…