Coming Soon
Rentalize Pay
powered by GoCardless

Automated Rent Collection.
Bank-to-Bank. Zero Cards.

Direct Debit mandates and Instant Bank Pay, built natively into Rentalize. Collect rent, deposits, and ad-hoc invoices across the UK and Ireland with lower fees and fewer failed payments.

Rentalize
Pay
Tenant's
Bank
Landlord's
Bank
Direct Bank Transfer
Status Status
Bacs (UK/GBP) SEPA Core (EU/EUR) Instant Bank Pay Verified Mandates
FCA Regulated 85,000+ Businesses 30+ Countries Bank-Grade Security
How It Works

From Setup to First Collection in 4 Steps

Property managers connect once. Tenants authorise once. Rent collects automatically every month.

1

Connect Rentalize Pay

Enable Rentalize Pay in your Payment Settings. Select your environment and plan tier. Your GoCardless credentials are configured automatically.

2

Tenant Authorises Mandate

Tenant clicks "Set Up Direct Debit" in their portal. They're redirected to a secure hosted page to select their bank and authorise the mandate.

3

Rent Collects Automatically

Each billing cycle, Rentalize Pay creates a payment against the active mandate. The tenant's bank account is debited automatically. The invoice auto-marks as paid.

4

Funds Arrive in Your Account

Funds are paid out to your bank account on a rolling schedule. Every event is tracked and reconciled in real time.

Capabilities

What Rentalize Pay Gives Your Platform

Every feature is integrated end-to-end, from tenant onboarding through to reconciliation. No CSV exports, no manual matching.

Direct Debit Mandates

Tenants authorise a mandate once via a secure hosted page. Rent is then collected automatically each month. No card expiry, no manual chasing. Supports Bacs (UK) and SEPA Core (Ireland/EU).

Bacs SEPA

Instant Bank Pay

One-off payments settled in seconds via Faster Payments (GBP) or SEPA Instant Credit Transfer (EUR). Perfect for deposits, ad-hoc invoices, and arrears.

Instant Settlement

Combined Deposit + Mandate Flow

Collect the deposit via Instant Bank Pay and set up the recurring Direct Debit mandate in a single redirect. One SCA challenge, two outcomes.

IBP DD Mandate

Automated Monthly Collection

Rentalize's billing engine creates payments against stored mandates each month. Idempotent, de-duplicated, and fully reconciled. Invoices move to "paid" automatically on webhook confirmation.

Real-Time Webhook Reconciliation

Every payment event (confirmed, failed, charged back, paid out) is received via HMAC-signed webhooks and reconciled against your invoices in real time. No end-of-day batch.

Mandate Lifecycle Management

Full mandate state tracking: created, submitted, active, expired, cancelled, reinstated. Status changes sync automatically via webhooks so you always know which tenants can be billed.

Payment Flows

Three Flows, Every Scenario Covered

Whether it's a one-off deposit, a recurring mandate, or both at once.

Instant Bank Pay

One-off payments, deposits, arrears
Invoice generated with "Pay Now" link via Rentalize Pay
Tenant redirected to secure payment page. Selects bank, completes SCA
Payment confirmed via Faster Payments or SEPA Instant
Invoice auto-reconciled as paid via webhook

Direct Debit Mandate

Recurring monthly rent collection
Tenant clicks "Set Up Direct Debit" in portal
Bank selected and mandate authorised on hosted page
Mandate stored as payment method (e.g. SEPA ****4821)
Monthly rent auto-collected against mandate each cycle

Deposit + Mandate Combo

Onboarding: one redirect, two outcomes
Tenant onboarding triggers combined billing request
Single secure hosted page. One SCA challenge
Deposit paid instantly via IBP, mandate set up for DD
Both events reconciled. Deposit invoice paid, mandate active
Coverage

Supported Payment Schemes

Bank-to-bank coverage across the UK, Ireland, and the EU, with global expansion built in.

Currency Direct Debit Scheme Instant Bank Pay Scheme Region
GBP bacs faster_payments United Kingdom
EUR sepa_core sepa_instant Ireland, EU/EEA
AUD becs pay_to Australia
USD ach United States
SEK autogiro Sweden
CAD pad Canada
Security & Compliance

Bank-Grade Security, Built In

HMAC-SHA256 Webhooks

Every incoming webhook is signature-verified against your stored secret. No event is processed without cryptographic proof of origin.

Encrypted Credentials

Access tokens and webhook secrets are encrypted at rest. Credentials are never exposed in logs or UI.

Multi-Tenant Isolation

Each company has its own credentials, creditor ID, and webhook endpoint. Complete data isolation between organisations.

SCA Compliant

All payment flows use secure hosted pages with native SCA/3DS. Strong Customer Authentication handled at the payment layer, not in your app.

Idempotent Payments

Duplicate payment prevention built in. The system checks for existing pending or complete payments before creating new ones.

Role-Based Permissions

Granular permissions per role: admins manage settings, employees view mandates, tenants authorise their own. Eight dedicated permissions.

Comparison

Rentalize Pay vs. Other Payment Methods

How Rentalize Pay stacks up against card processors, bank transfers, and direct banking in Ireland and the UK.

Feature Rentalize Pay Stripe AIB Direct Debit Bank of Ireland Revolut Business
Automatic Rent Collection ✓ UK + Ireland PartialIreland only ✓ Ireland only ✓ Ireland only ✗ Not available
Instant One-Off Payments ✓ Bank transfer, instant ✗ Card payments only ✗ Not available ✗ Not available PartialManual bank transfer
Collect Deposit + Set Up DD Together ✓ One step for tenant ✗ Two separate steps ✗ Paper forms needed ✗ Paper forms needed ✗ Not possible
Transaction Fees 1-2%, max €4Capped so big rents stay cheap 1.4-2.9% + 25cNo cap, adds up fast Low flat fee~€0.20-€0.50 each Low flat fee~€0.20-€0.50 each Free tier limitsThen €0.20 per transfer
Works With Your Software ✓ Fully automaticBuilt into Rentalize ✓ Fully automatic ✗ Manual file uploads ✗ Manual file uploads PartialNo direct debit support
Payments Match Automatically ✓ Instant, automatic ✓ Automatic ✗ You match them manually ✗ You match them manually ✗ Manual
Auto-Retries Failed Payments ✓ Smart retry built in ✓ Smart retry built in ✗ You chase it yourself ✗ You chase it yourself ✗ N/A
UK + Ireland Coverage ✓ Both, one setup PartialCards in both, DD Ireland only Ireland only Ireland only ✓ BothBut no direct debit
Why Rentalize Pay wins for rent collection: Traditional banks (AIB, BOI) offer direct debit but require paper forms, manual file uploads, and you matching every payment yourself. Stripe charges percentage fees that add up fast on large rents. Revolut has no direct debit at all. Rentalize Pay is the only option that collects rent automatically, matches payments for you, retries failures, and works across both Ireland and the UK, all built into the platform you already use.
Cost Breakdown

Real Fees on a Real Rent Payment

€1,500 / month rent

The difference isn't marginal. Over a year with 50 units, Rentalize Pay saves thousands compared to card-based processors, and eliminates the manual overhead of bank Direct Debit.

Rentalize Pay (Direct Debit)
Transaction fee (2% capped)€2.00
Cap applied (max €4)Under cap ✓
Monthly fee€0.00
Mandate setup€0.00
Per transaction€2.00
Saves €244/yr per unit vs. Stripe Cards
Stripe (Card Payment)
EU card rate (1.4% + €0.25)€21.25
Non-EU card rate (2.9% + €0.25)€43.75
Fee capNone
Monthly fee€0.00
Per transaction (EU card)€21.25
AIB Direct Debit
Originator setup fee€250+
Per DD transaction~€0.30
Monthly maintenance~€30
Unpaid/returned DD fee€5-€10
Per txn (excl. monthly)~€0.30
+ €250 setup, €30/mo maintenance, No API, Manual PAIN.008 files
Calculator

Calculate Your Savings with Rentalize Pay

Adjust the sliders to match your portfolio. See exactly what you'd pay with Rentalize Pay versus Stripe Cards and traditional bank Direct Debit.

Rentalize Pay Fee €1,200
Stripe Cards Fee €12,750
Bank DD Fee €790
Bank DD Hidden Staff Cost €8,736
Your Annual Cost with Rentalize Pay
€1,200
€2.00 per transaction · 600 transactions/year
Rentalize Pay
Transaction fees €1,200
Staff time Automated
Reconciliation Automated
Error rate <0.5%
Failed payment recovery Success+
True Annual Cost €1,200
Stripe Cards
Transaction fees €12,750
Staff time Automated
Reconciliation Webhooks
Error rate ~2-5%
Card expiry churn €3,825
True Annual Cost €16,575
Bank Direct Debit
Transaction fees €790
Staff time (manual) €8,736
Reconciliation Manual CSV
Error rate ~5-8%
Mandate failures (paper) €500
True Annual Cost €10,026
312
Staff Hours Saved
Per Year
99.5%
Reconciliation
Accuracy
30-48
Bank DD Errors
Avoided Per Year
€8,826
Total Savings
vs. Bank DD
Annual Cost

50 Units × €1,500/month = 600 Transactions/year

Here's what you'd actually pay each provider.

Rentalize Pay DD
€1,200
€2 × 600 txns
Stripe SEPA DD
€210
€0.35 × 600 txns
No Bacs, No IBP
Stripe Cards (EU)
€12,750
€21.25 × 600 txns
AIB Direct Debit
€790
€0.30 × 600 + €30/mo + €250 setup
Bank of Ireland DD
€650
€0.25 × 600 + €25/mo + €200 setup
Coming Soon

Automated Rent Collection is Almost Here

Rentalize Pay is in final development. Book a demo to be among the first to enable bank-to-bank rent collection.

Book a Demo