The developers of Australia’s website made for renters, Rent.com.au Limited (ASX:RNT), has launched additional payment choices for its RentPay platform aimed at expatriate professionals, new migrants and foreign students who represent a significant proportion of Australian renters.
The company has partnered with Novatti Group Ltd (ASX:NOV) to provide Alipay, WeChat Pay and UnionPay payment options for RentPay customers.
“RentPay is about providing choice and flexibility to renters while ensuring that property managers gain efficiency and certainty of payments,” Rent.com.au CEO, Greg Bader, said.
“By being the first in our market to offer these popular new international payment options, we’re addressing a need that has arisen with increasing numbers of students, expats or recent migrants preferring to keep using these platforms due to the deep ecosystem, and the ties to family and friends they facilitate. At the same time, we’re helping our agent customers to position themselves at the forefront of payments technology without them having to invest valuable time and dollars in doing so.
“Specifically, platforms like Alipay and WeChat Pay are completely immersive applications that offer a combination of services from chat and social media through to shopping and finance, so it’s no surprise that people are keen to continue using them when becoming resident in Australia. We have already seen several of our renters use these platforms to pay their rent in a roundabout way. With this release, RentPay now enables customers of these platforms to easily pay their biggest expense (rent) seamlessly and confidently.”