Rent is the ideal ACH payment: large, recurring, predictable, and owed to a party the tenant has a contract with. Running it on cards means handing a percentage of every rent roll to the card networks. Running it on ACH means paying cents. For a manager collecting on 500 units, the rail choice is worth tens of thousands a year, before negotiating a single rate.
ACH on QorCommerce works through tokens: the tenant authorizes the debit once, the bank account is vaulted, and the payment runs monthly. Standard Entry Class codes are handled per NACHA rules, and returns surface with specific codes so the office knows whether it’s chasing insufficient funds or a closed account.
Where do cards still fit?
Everywhere rent isn’t. Application fees, security deposits, move-in charges, amenity bookings: smaller, one-time payments where card convenience wins. Hosted checkout and secure embedded forms take those online without pulling the tenant portal into PCI scope. A tenant who insists on paying rent by credit card can, with a surcharge or convenience fee where card rules and state law permit (worth confirming for your states).
How does money move in a multi-owner portfolio?
A management company is an intermediary: it collects on behalf of owners and must keep funds straight. QorCommerce supports settlement routing per property or per owner entity, and QorCommerce reporting reconciles at both levels: the portfolio view for the manager, the entity view for the owner statement.
What about proptech platforms?
Software platforms serving property managers can embed the entire payment flow through the REST APIs, with Automated Underwriting boarding management companies as sub-merchants under QorPay’s registered PayFac program with Pathward, N.A.