Pass Credit Card Fees Onto Tenants

Previously, when you used 123Landlord in conjunction with Stripe to receive credit card payments from tenants, the Stripe fees had to be absorbed by you - or included in your rent payments.

Now we've added an option to pass those fees onto the tenant directly at the time of payment.

To enable this setting, go into the Services page and check the appropriate box:

Check the "Tenant Pays Credit Card Fees" box and click the Save button above it.

When your tenant logs into the Tenant Portal and views the Pay With Credit Card screen, they will see that the fee has been added to whatever payment they are submitting:

 

 

Note that these fees are still debited by Stripe from your bank account before depositing to your account on a rolling basis, but now these fees will be covered ahead of time by the tenant.