Stop Your Reliance on Cheques

Streamline
Lease &
Pre-construction
Payments.

Get a Demo

What is PropPay LX?

An app to streamline the completion of the rental/sales process for property managers, builders, developers, law firms & purchasers through the use of pre-authorized payments (PAD).

Replace the current manual, inaccurate and labour-intensive process with an app that is automated, accurate, simple, and secure.

Dashboard Example 1

Will allow for the release of deposit & options/extras funds into developers’ hands much faster than the current post-dated cheque or the current manual PAD processes.

Eliminate cheque fraud and stolen cheques while streamlining communication between renters, purchasers, property managers/builders/developers/law firms, escrow agents and banks from one central platform.

Dashboard Example 2

Benefits for
Property Managers
Developers, Builders
& Law Firms

  • Eliminates receiving, (misplacing), warehousing and delivering cheques to the bank
  • Automate and securely deliver PAD form data (reduces manual entry)
  • Integrations with sales platforms will accurately transfer sales info and PAD form data (reduces errors)
  • Reporting of NSF payments
  • Purchaser bank account information is accessible and securely stored within the platform, not on the firm’s server.
  • Much faster transfer of deposit and options/extras funds (cheques must clear)
  • Notifications of NSF (cheques must wait for bank to advise)
  • Access to deposit funds within days (no 90-day hold for chargeback claim rights or waiting for cheques to clear)
  • Cost to use the platform is paid by purchasers
  • Less administrative work (no cheques to collect, PAD form is completed digitally at point-of-sale)

Benefits for
Renters & Purchasers

  • Eliminates the need to write, deliver, or maintain cheques
  • Notifications are sent to remind purchasers of upcoming payments
  • Easily access and track payments and important purchase documents from a simple, responsive app
  • Update banking information and digitally sign PAD agreements

Ditch Cheques
& Digitize Payments

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