What are the Best Online Rent Payment Systems for Landlords?

Collecting rent has come a long way from cheques or envelopes of cash. The UK now has over 4.6 million private renters, and the demand for simple, digital rent payment options is only growing. Whether you’re managing one property or a whole portfolio, you need tools that help you get paid quickly, reduce late fees, and keep the paperwork to a minimum.

In this guide, we’ll take a look at the best online rent payment systems for landlords, cover the legal side of things, and show you how platforms like Noda can make rent collection simple, without needing a full website or complicated setup.

Tenants Want Faster and Easier Ways to Make Rent Payments Online

It’s no surprise that more and more tenants expect to pay their rent online. After all, we do just about everything from our phones these days, so why should paying rent be any different? Online payments are quick, convenient, and fit perfectly with how people manage money today.

By moving to digital payments, you no longer have to wait for bank transfers to clear. With a secure rent collection system, payments can often land in your account the same day, sometimes even instantly with bank-to-bank transfers, thanks to Open Banking technology. Plus, with some platforms, you can set up automated payment reminders and even late fee automation, which takes another task off your plate.

That said, some tenants still prefer to pay rent in cash, but this is becoming less practical, and sometimes even risky. Cash is harder to track, easier to lose, and can cause headaches if there’s ever a dispute. With so much focus now on digital records and secure transactions, online rent payments are quickly becoming the new standard.

If you’re a landlord, you don’t need a full website or complex setup. With tools like Noda’s instant payment links, you can send tenants a simple link by email or message, and they can pay securely in seconds. It’s a quick way to move tenants away from cash, while keeping your income flow steady and safe.

Read: Payment Links: Smooth Transactions for Modern Businesses

What are the Best Online Rent Payment Systems for Landlords?

Let’s take a look at some of the best options available to landlords in the UK:

Noda

Noda is an Open Banking-powered payment solution that makes rent collection fast, simple, and secure. It’s ideal for landlords who don’t want the hassle of setting up a full payment system, as you can generate a secure payment link and send it straight to tenants by email or message. Once approved, the payment usually lands in your account instantly, with no need to wait for it to clear. There are no monthly fees or hidden costs, and transaction fees start from just 0.1%.

If you use a full rent collection platform or manage multiple properties, Noda can also be integrated directly into your checkout process using plugins or API. That makes it a flexible, scalable solution whether you’re collecting rent for one property or managing an entire portfolio.

PayProp

PayProp is a property management platform that helps landlords and letting agents automate rent collection, track payments, and manage finances. Landlords can access a Private Landlord Portal to view rent statements, track payments, and manage property finances, while tenants use the PayProp tenant portal to check payments and receive reminders.

 PayProp’s fees vary based on your portfolio size. There’s a one-off setup fee between £600 and £2,000, a monthly licence fee of £49, and a small fee for each transaction, usually less than 1%. While it’s a strong option for agencies or landlords with lots of properties, smaller landlords might find the setup and monthly costs high, especially if they only manage a few properties. The system can also feel a bit complex at first, so it may take time to learn.

OpenRent 

OpenRent offers a straightforward rent collection service for £10 per month. For landlords who want to advertise, there are three options: OpenRentOnly gives you a free listing on the OpenRent site for three months. Ultimate Advertising lists your property on major sites like Rightmove and Zoopla for £49. Rent Now, at £69, adds contract drafting, deposit registration, and other services. OpenRent also provides optional services such as gas safety certificates, energy performance certificates, electrical safety certificates, tenant referencing, professional photography, and rent guarantee insurance. However, OpenRent doesn’t offer some of the more advanced management features you might get with other platforms.

Goodlord

Goodlord is another property management platform, with a range of tools for UK landlords and letting agents. It covers online rent collection, tenant referencing, and insurance services like rent protection and liability cover. Tenants can pay by card or Direct Debit, and landlords can track payments with real-time updates and automated reminders. While it provides a wide set of features, Goodlord is more expensive than some other options and doesn’t offer a free trial. It’s something to consider if you’re looking for an all-in-one platform but want to weigh up costs carefully.

Collect Rent with Payment Links from Noda

Collecting rent doesn’t have to be complicated. With Noda, landlords can use simple payment links to get paid quickly and securely. You don’t need a website or any special setup, just create a secure payment link, send it to your tenant by email, text, or WhatsApp, and they can pay straight from their bank account. It’s not just for rent, either. You can use payment links for deposits, late fees, or one-off charges like repairs.

Noda works through Open Banking, which means payments go directly from the tenant’s bank to yours. There are no setup or monthly subscription fees, no additional card fees, no chargebacks, and no hidden costs. It’s a simple, secure way to collect rent without the usual hassle.

Want to collect rent faster and reduce your admin load? Speak to our team today and see how much simpler rent collection can be.