Accepting electronic payments with Visa makes a lot of sense for property owners and managers. Unlike cheques, Visa transactions are settled and processed quickly. Moreover, card payments are preferred by tenants, making it a true win-win1. Merchants that accept Visa are guaranteed payments (as long as they adhere to simple authorisation rules), usually within 24 to 48 hours. In comparison, it can take up to five days to receive payment from cheques.
By accepting Visa, you make it easier for tenants to pay you. Plus, you enjoy a host of benefits for your business, including: