Accepting electronic payments with Visa makes a lot of sense for property owners and managers. Unlike checks, 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 payment (as long as they adhere to simple authorization rules), usually within 24 to 48 hours. In comparison, it can take up to five days to receive payment from checks.
By accepting Visa, you make it easier for renters to pay you. Plus, you enjoy a host of benefits for your business, including: