Published on October 12th, 2016 | by William Charles34
Pay With RadPad To Shut Down On October 13th
RadPad has just sent out the following e-mail to users of their Pay with RadPad service:
“We wanted to let you know that effective Thursday, October 13, 2016, we will no longer be processing and paying rent payments
As a current RadPad rent payer, RadPad will no longer be making rent payments for you. Effective immediately, you will need to find an alternative for making your rent payments. We apologize for any inconvenience this may cause you.
On Monday, October 31, 2016, your RadPad payment account, which includes your payment information, landlord’s information, and rent payment history will be permanently deleted.
Thank you very much for allowing us to pay your rent.
This will be a pretty big blow for some people as the Chase Sapphire Reserve was coding as travel when using Android/Apple pay, triggering 3x points and also the $300 annual travel credit. There are other options for paying rent with a credit card, the most popular is probably Plastiq. They frequently offer promotions, but their standard rate is 2.5% for credit cards and 1% for debit cards.
At this stage we don’t have any idea why RadPad is shutting down this service, but we’ve contacted them for comment. The lack of notice is particularly worrying.