Not a property manager? If you’re a landlord or tenant interested in Console Pay, let your agency know!
Console Pay is a powerful direct debit and receipting solution that helps property managers take control of tenant payments.
Set up simple payment schedules for tenants, reducing arrears. Manage bond and invoice transactions, and disburse to owners on time.
Console Pay's auto-receipting and deposit-matching all within the program is simple and easy to use and saves us time on administration.
Rent receipting is usually a lengthy process that takes around 30 minutes if we do it manually. Now with Console Pay, it only takes us 5 minutes and it's super easy.
We recommend our tenants to use Console Pay because it doesn't need customer reference numbers so there are less chances for mistakes and missing payments.
Don’t waste hours receipting. Console Pay automatically matches payments for you in Console Cloud and auto-receipts them at the click of a button.
Set tenants’ payment schedules, including frequency and amounts. Making changes is easy and simple too, so you and your tenants have more flexibility.
Console Pay lets you see tenant payments at a glance, including any dishonoured payments, so you can get in touch with them before things get out of hand.
Collected payments are cleared and deposited into your trust account within two working days.
Disburse to landlords on time, every time. Direct debit collection reduces the risk of late payments.
Give your tenants one less thing to remember, with our set and forget direct debit payment collection.
Say goodbye to those individual deposit fees. When tenants use Console Pay, you’ll receive one daily deposit into your trust account.
No matter who you or your tenants bank with, Console Pay is compatible with all Australian banks.
No more dishonoured payments – If you receipt funds that aren’t cleared, you may experience dishonours, and if the owner has already been disbursed that money then it calls for unpleasant conversations with your landlords. Using Console Pay, dishonours will be a thing of the past and so will those conversations.
Funds settled in 2 business days - Other payment providers delay all settlements up to 4 days, which means you’re waiting a lot longer for the money; or they deposit uncleared funds into your trust account, which leaves you dealing with dishonours regularly. Using Console Pay, funds will be settled and in your trust account in just 2 business days (usually 1 day for credit card transactions).
Removing human error - Unfortunately we as people do get things wrong from time to time. Such as entering the wrong reference number, or the wrong payment amounts, or forgetting to adjust rent amounts. Human error is reduced for all parties using Console Pay. Our workflow prompts even remind property managers to update the schedule when lease details change (e.g. increased rent).
Create more value for your landlords - Using Console Pay, your landlords receive their cleared funds quicker, not only that but it provides a stable cash flow for an agency. Win - win.
That’s fine. We have flexible options where you can adjust the rent amount of the Console Pay tenant’s rent contribution and Console Pay will automatically receipt their rent. You would receipt the remaining rent in Cloud manually for the other tenants not using Console Pay.
No. We believe direct debit is a superior method to collect rent. Console Pay is designed to give you control, with proactive rent collection for your landlords and efficient automated receipting. With BPAY the tenant is still required to remember to pay their rent on time and to adjust the amounts when things change.
People also regularly get their reference numbers wrong, which interrupts your receipting. This is all taken out of the equation with Console Pay to make tracking payments easier and streamlined collection and receipting of payments.