Pre-Authorized Debit for Real Estate
Collect Deposits and Rent
Without Cheques
PropPay LX automates pre-authorized debit (PAD) for pre-construction deposits and lease payments, so funds reach developers in days, not months.
Start Going PaperlessWhat is PropPay LX?
An app that streamlines the sales process for property managers, builders, developers, law firms and purchasers through pre-authorized debit (PAD) payments, replacing a manual, inaccurate, labour-intensive process with one that is automated, accurate, simple and secure.
Eliminate Cheques
No Cheques to Collect or Chase.
No more receiving, misplacing, warehousing or delivering cheques to the bank. Every payment is digital and pre-authorized, and with no cheques to clear, deposit and options/extras funds reach developers far faster.
See How It WorksPad Automation
PAD Forms Signed Digitally at Point of Sale.
PAD form data is captured and securely delivered digitally, reducing manual entry. The form is completed at point-of-sale, so there is far less administrative work for your team.
See How It WorksIntegrations
Works With Your Sales Platform.
Integrations with sales platforms accurately transfer sales information and PAD form data between systems, reducing errors and double entry.
See How It WorksNsf Reporting
Instant Alerts on NSF Payments.
Get reporting and instant notifications of NSF payments, with no waiting for the bank to advise the way you would with a cheque.
See How It WorksSecurity
Bank Details Stored Securely.
Purchaser bank account information is accessible and securely stored within the platform, never sitting on your firm’s server. Eliminate cheque fraud and stolen cheques entirely.
See How It WorksThe Purchaser App
One Simple App for Purchasers.
Purchasers never write, deliver or maintain cheques again. They get reminders of upcoming payments, track payments and purchase documents from a simple, responsive app, update banking information and digitally sign PAD agreements.
See How It WorksFaster Access To Funds
Access Deposits in Days, Not Months.
Release deposit and options/extras funds far faster than post-dated cheques or manual PAD, with no 90-day hold for chargeback claim rights. And the cost to use the platform is paid by purchasers.
Start Going Paperless (opens in new tab)Why Teams Switch to PropPay LX
Less paper. Fewer errors. Money that moves on time.
Why It Adds Up
The Numbers Speak
for Themselves
Move money faster. Cut admin overhead. Stop chasing cheques.
Average time to access your deposit funds
Eliminate cheques, automate reminders, and keep every payment secure.