For each month you use Flex Services to pay your rent, we will charge you a payment processing fee equal to 0.75% of your monthly rent payment amount if you pay with a debit card.
We will charge a payment processing fee equal to 3% of your monthly rent payment amount if you pay with a credit card.
For example, if your rent amount is $1,000, the payment processing fee for a debit card is $7.50 ($1,000 * 0.0075). If your rent amount is $1,000 and you pay with a credit card, the payment processing fee is $30 ($1,000 * 0.03).
The payment processing fee is payable to Flex and assessed on each repayment.
Let's break down a $1000 rent payment:
Payment Method | Payment Type | You Pay |
Debit Card | 1st payment | $503.75 |
2nd payment | $503.75 | |
Membership fee | $14.99 | |
Credit Card | 1st payment | $515.00 |
2nd payment | $515.00 | |
Membership fee | $14.99 |
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