Published on August 18th, 2017 | by Chuck13
Radpad No Longer Processes Payments to Unverified Landlords
Radpad sent out an email today indicating that they’ll only process rent payments for landlords in their system. No more sending out checks to a random person who you claim is your landlord. They do encourage you to have the landlord be verified and registered, but it means you have to explain it all to your landlord and have them go through the verifications.
Good afternoon, and thank you for being a valued RadPad user.
Due to changes in banking regulations, we will unfortunately no longer be able to send rent payments to landlords who have not completed certain additional verification requirements.
What does this mean for you?
Because your landlord has not completed our additional verification steps, we will be unable to send your rent to them. This is effective immediately and means that your upcoming rent payment WILL NOT be charged to your card or sent to the landlord.
We apologize for this inconvenience, but in keeping with all of our practices we want to ensure the compliance of our rent payment program and the safety of your funds in transit.
We do have ways to verify your landlord and ensure compliance with our system and if you would like to continue paying with RadPad, please do no hesitate to have your landlord contact us.
Please note that you will receive an additional automated email when your rent payment is suspended. You can disregard that email.
Thanks, and our apologies again for any inconvenience this might cause.
The RadPad Team
This will probably end Radpad for the few miles-and-points users who still use them.