Everything you need to know about letting your property to a Pay Monthly tenant on Property Finder, powered by Keyper. Your tenant pays rent by card in monthly installments, and you receive scheduled, secure rental payments.
About Pay Monthly for landlords
Why sign with a Pay Monthly tenant?
Pay Monthly tenants are fully vetted and pre-qualified through a comprehensive screening process. Screening includes an affordability assessment, income verification, and identity checks. Every tenant must meet the eligibility criteria before they're approved.
Receiving your rent
What does receiving my rent through Pay Monthly mean?
You receive your scheduled due rent payments directly into your designated bank account. Payments follow the payment frequency and payment dates in your tenancy contract. There are no physical cheques to collect and no payments to reconcile manually.
How will I receive my rental payments?
Rent is paid directly into your bank account. You'll receive an updated payment advice letter with each rental transfer.
Missed payments
How does Pay Monthly reduce the risk of default?
Tenants go through a comprehensive screening process before you receive an offer, which confirms both credit worthiness and affordability. Payments are then collected automatically from your tenant's card. If a charge fails, we retry it and collect partial amounts until the payment is secured in full. This avoids the missed payments caused by damaged cheques, bad signatures, and partial fund availability.
What happens if a tenant misses a payment?
Your tenancy agreement remains fully enforceable. You retain the right to pursue standard legal remedies under UAE tenancy laws, including proceedings through the Rental Dispute Centre (RDC). We'll provide evidence of the missed or rejected payment if you need proof of non-payment.
Contact & support
Who can I contact if I have any questions?
Email us at paymonthly.support@propertyfinder.ae