eRentPayment
eRentPayment is a US-based online ACH rent payment platform founded in 2004 that enables landlords, property managers, and renters to process one-time and recurring rental payments, with bundled modules for screening, credit reporting, and maintenance tracking.
- Company typePrivate
- Founded2004
- HeadquartersDenver, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What eRentPayment does
eRentPayment, LLC is a privately-held online payment services provider founded in 2004 and based in Fort Collins, Colorado with an additional office in Spokane, Washington. The company operates a web-based electronic payment platform that enables residential and commercial renters to submit one-time and recurring rent payments to landlords and property managers via ACH electronic checking, with credit/debit card processing discontinued after the TSYS acquisition by Global Payments and Heartland. Direct ACH processing has been handled through Esquire Bank since October 2017, giving the company direct control over payment rails without a third-party processor intermediary. The platform is accessible via desktop web and a mobile-optimized site, with no native mobile app and no public API documented.
The product suite extends beyond payment acceptance to a bundle of landlord workflow modules, including customizable online rental application templates, tenant background and credit screening via RentSpree and TransUnion Rental Screening Solutions, optional rent-payment credit reporting to TransUnion, Experian RentBureau, and Equifax, maintenance request tracking, configurable automated rent reminders, automatic late fee assessment with flat or per-day pricing, expense tracking with Excel export, multi-bank-account routing per property, and invoice-style payment requests. Identity verification during property activation is handled through Plaid. The company sells to two primary personas — property managers and landlords of any size (from single-unit owners to multi-unit operators) and renters — and supports all property types including residential, multi-family, commercial, and vacation rentals, exclusively within the United States.
Revenue is generated through two pricing tiers: a Standard option charging $3 per transaction ($2 for weekly recurring) with no monthly commitment, and a Plus option charging a $10 monthly minimum that includes up to 5 transactions with $1 overages. Distribution is entirely self-serve PLG through the company's owned website; property managers register, submit documentation, and activate accounts online, then onboard tenants via Renter Codes. As of 2023-2024 the company has entered a partnership with RentRedi under which existing customers are being migrated to the RentRedi platform, signaling a transition of the legacy book to a larger competitor while the underlying service continues to process existing transactions.
eRentPayment firmographics
Firmographics- Name
- eRentPayment
- Legal name
- eRentPayment, LLC
- Website
- https://erentpayment.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- eRentPayment is a US-based online ACH rent payment platform founded in 2004 that enables landlords, property managers, and renters to process one-time and recurring rental payments, with bundled modules for screening, credit reporting, and maintenance tracking.
- Ownership category
- akta.pro rank
eRentPayment industry classification
Industry- Product category
- Real Estate Payment Processing
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Recurring Billing & AutoPay Management (FSAMAJAE)
Keywords
Where eRentPayment is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
eRentPayment business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Standard Transaction Fees: Property managers pay $3 per transaction ($2 for weekly recurring payments) when using the Standard pricing option. Transaction fees can be paid fully by the manager, split 50/50 with the tenant, or passed entirely to the tenant.
- Plus Monthly Subscription: Property managers pay $10 per month under the Plus pricing option, which includes up to 5 transactions per month. Additional transactions are billed at $1 each. This is a monthly subscription model with a minimum $10 monthly charge regardless of transaction volume.
- Tenant Background Screening: Tenant screening services through RentSpree at $30 per screening, with additional screening tiers available ($39.99 for standard, $49.99 with income/asset verification)
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard - Pay per transaction with no monthly commitment |
| Subscription | Monthly | Plus - Monthly subscription with bundled transactions |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
eRentPayment product offering
Product offeringCore offering
eRentPayment operates an Internet-based electronic payment service that enables tenants to submit one-time and recurring rent payments via ACH electronic checking, with direct payment processing through Esquire Bank. The platform bundles property management tools around the core payment flow, including online rental applications, tenant screening, optional credit bureau reporting, maintenance request tracking, automated reminders, late fee assessment, and expense tracking for landlords and property managers.
Product overview
eRentPayment is a unified online property management platform that provides a core rent payment service with multiple integrated modules. The primary product enables landlords and property managers to collect rent payments electronically via ACH, with complementary features including customizable online rental applications, tenant screening through RentSpree/TransUnion, optional credit reporting to TransUnion/Experian/Equifax, maintenance request tracking, automated payment reminders and late fee assessment, and expense tracking with built-in accounting reports. The platform operates on Standard ($3/transaction) or Plus ($10/month) pricing models and is accessible via web and mobile. The company has partnered with RentRedi for platform migration and future enhancements.
Differentiator
Problem solved
Functional benefit
Products and services
- Online Rent Payment Service Core product enabling tenants to submit one-time and recurring rent payments via ACH electronic checking. Supports multiple payment types including rent, security deposits, utilities, and fees. Property managers and landlords are the paying customers; tenants use it as the payment channel.
- Online Rental Application Customizable online application templates for property managers to collect rental applications from prospective tenants, with customizable fields, required questions, and a drag-and-drop form builder.
- Tenant Screening Background and credit screening service provided through the RentSpree partnership, offering credit reports, criminal background checks, and 50-state eviction reports for prospective tenants. Priced at $30 per screening with additional tiers available.
- Credit Reporting for Rent Payments Optional feature that allows tenants to build credit history by reporting rent payments to TransUnion, Experian RentBureau, and Equifax at no additional cost. Reporting is at the tenant's election.
Quantifiable outcome
- 3-4 business days deposit time for ACH payments
- +1 more outcomes
Companies that use eRentPayment
Customer profileSegments3 records
Ideal customer profiles2 records
eRentPayment technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature8 records
eRentPayment partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core, supporting and minor.
- Esquire BankcoreDirect ACH processing partner since October 2017. eRentPayment switched to direct ACH processing with Esquire Bank after encountering payment issues with their former third-party payment processor. This partnership ensures reliable payment processing without intermediary processors.
- TransUnion (Rental Screening Solutions)coreTenant background screening services including credit reports, criminal background checks, and eviction reports. Located at 6430 S. Fiddler's Green Circle, Suite 500, Greenwood Village, CO 80111. Provides the TURSS Service for rental screening.
- RentSpreecoreAdvanced screening tool partnership providing credit reports, background checks, 50-state eviction reports, electronic lease signing, and renter's insurance tracking. eRentPayment refers customers to RentSpree platform for enhanced screening features.
- RentRedicoreRentRedi has joined forces with eRentPayment offering migration path for existing customers. Provides enhanced screening features including customizable rental applications, comprehensive background checks, income and asset verification, and prequalification tools. Special offer of $1 for a 6-month plan for migrating eRentPayment customers.
- TransUnion, Experian RentBureau, EquifaxcoreCredit reporting partnerships for reporting tenant rent payments to major credit bureaus. eRentPayment reports eligible 'Rent Payment' transactions to these bureaus to help tenants build credit history. Reporting is optional and at tenant's election.
- PlaidsupportingID verification service used for property activation. eRentPayment emails property managers an ID Verification link from Plaid to upload government ID and confirm identity during property activation process.
- Rocket LawyerminorPartnered to provide state-specific leases and legal forms for rental properties. Referred customers can buy forms a la carte or sign up for unlimited access membership with legal review and attorney advice.
- Rent RescueminorRecommended default insurance provider for landlords. Rent Rescue offers coverage reimbursing up to 6 months of lost rental income due to abandonment or eviction, with average annual premium of about $300 per unit.
Scale indicators3 records
Recent moves6 records
Expansion highlights4 records
eRentPayment competitors and assessment
Company assessmentDirect peers
- TenantCloud: All-in-one rental management platform with online applications, screening, ACH rent payments, maintenance, and accounting for independent landlords and small PMs — direct overlap on every feature category eRentPayment offers.
- RentRedi: Direct rent-payment and property-management platform for landlords. Most directly comparable because eRentPayment is actively migrating its customer base onto RentRedi's platform, indicating product and customer overlap.
- Cozy (Cozy.app / apartments.com): Free online rent collection, applications, and screening platform for landlords. Highly comparable self-serve PLG model targeting individual landlords and small property managers.
- Avail (Realtor.com): Online platform offering rental applications, tenant screening, and online rent payments targeted at DIY landlords and small property managers — the same core use case and ICP as eRentPayment.
- Rentler: Online platform for independent landlords offering listings, applications, screening, and rent payments. Direct SMB/self-serve overlap with eRentPayment's primary ICP.
Broad incumbents
- Buildium: Full-service property management software with integrated online rent payments, screening, accounting, and maintenance. Comparable as a broader incumbent offering the same suite eRentPayment delivers in a lighter package.
- PayLease / RealPage: RealPage's resident payment platform (formerly PayLease) handles ACH and card rent payments at scale for large property managers. Comparable as a payments-specific incumbent serving a similar landlord-side customer.
- AppFolio: Enterprise-grade property management platform with native ACH and card rent payments, AI leasing assistants, and resident portals. Comparable as a scaled incumbent covering the same landlord/property-manager workflows.
- Zillow Rental Manager: Free rental listings, applications, and screening from Zillow Group. Adjacent competitor because landlords using Zillow for listings often layer in third-party payment tools — competing for the same landlord workflow.
Emerging players
- Hemlane: Rental management platform with online rent payments, screening, and lease management for small-to-mid landlords. Comparable feature set with a focus on leasing agent support as a differentiator.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
eRentPayment social profiles
Digital presenceeRentPayment financial estimates
Financial estimateRevenue estimate
Valuation estimate
eRentPayment leadership team
Management profileNumber of profiles
Profiles1 record
eRentPayment subsidiaries and ownership
Company hierarchySubsidiaries1 record
eRentPayment funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
eRentPayment M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about eRentPayment
What does eRentPayment do?
eRentPayment operates an Internet-based electronic payment service that enables tenants to submit one-time and recurring rent payments via ACH electronic checking, with direct payment processing through Esquire Bank. The platform bundles property management tools around the core payment flow, including online rental applications, tenant screening, optional credit bureau reporting, maintenance request tracking, automated reminders, late fee assessment, and expense tracking for landlords and property managers.
Is eRentPayment a public or private company?
eRentPayment is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was eRentPayment founded?
eRentPayment was founded in 2004. It employs 11 to 50 people.
Where is eRentPayment based?
eRentPayment is headquartered in Denver, United States, in the North America region.
How does eRentPayment make money?
Three revenue lines are on record. Standard Transaction Fees are the primary driver. The others are plus Monthly Subscription and tenant Background Screening.
Who are eRentPayment's main competitors?
Direct peers on record are TenantCloud, RentRedi, Cozy (Cozy.app / apartments.com), Avail (Realtor.com) and Rentler. Broad incumbents are Buildium, PayLease / RealPage, AppFolio and Zillow Rental Manager. Hemlane is listed as an emerging player.
Does eRentPayment have an API?
No public API is recorded for eRentPayment.
What industry is eRentPayment in?
eRentPayment's product category is Real Estate Payment Processing. Its primary akta.pro industry code is FSAMAJAE, Recurring Billing & AutoPay Management. Its NAICS code is 522320 and its SIC code is 6199.