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You Can Soon Pay Rent Month-By-Month In Dubai
The news you’ve been manifesting!
A first-of-its-kind service will mean residents can FINALLY pay for rent monthly, rather than quarterly, bi-annually, or (shock, horror!) yearly.
Created by Keyper, Rent Now Pay Later (RNPL) will make financial planning that little bit easier for residents. Residents who sign up to the programme, which will be introduced this summer, will be able to pay rent monthly using a credit card. So, not only will it be easier to map out your monthly finances, but you’ll also earn rewards on your credit card.
Scrap your chequebooks!
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Mohanad Al Hattab Sparks Hilarious Feud With Jollibee And Influencers Are Joining In!RNPL launches in July. All payments will be logged on a Tenant Dashboard and each month, charges will be deducted from your credit card. This will digitalize your rental payments which means there’ll be no need for checkbooks or other forms of payments.
And this isn’t just a win for tenants. “Landlords also have the option, through the Keyper Investor App, to receive an upfront payment for the annual rent at a discounted rate, which gives them immediate access to cash flow while eliminating their default risk,” according to Omar Abu Innab, Co-Founder & CEO of Keyper.
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