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RadPad enables Apple Pay rent payments

Renters with an iPhone 6, iPhone 6 Plus or Apple Watch can pay and split rent payments.

RadPad, an end-to-end mobile rental marketplace, now offers its customers access to Apple Pay, according to a press release.

By Integrating Apple Pay with RadPad's Pay with RadPad feature, renters with an iPhone 6, iPhone 6 Plus or Apple Watch, can pay and split rent the same way they pay for coffee at their neighborhood Starbucks, according to the announcement. Using the "My Rent" button, renters enter what they pay each month for rent, its due date and their landlord's information. They then tap Apple Pay as their payment option, one-touch pay with Touch ID and RadPad ensures that the renter's rent is paid on time every month, even if their landlord isn’t signed up for the service.

Pay with RadPad users can set up a reoccurring rent payment in about 90 seconds. In addition, renters with roommates can also pay their rent together. Once a roommate signs up that individual can invite other roommates to pay rent together via text and email. After the invite is accepted, RadPad links the roommates' rent together, giving each roommate the ability to see the other roommate’s payment status. When RadPad sends the rent payment to the landlord, the names of roommates who successfully paid on RadPad will be included with the payment so the landlord knows who has paid, according to the announcement

"Renters can finally retire their checkbooks, and conveniently and securely make one of their largest monthly payments with RadPad offering Apple Pay," said Jonathan Eppers, co-founder and CEO of RadPad. "Approximately $350 billion in apartment rent is paid with cash or a check annually and, until recently, more than 90 million renters in the U.S. couldn’t pay their rent using a credit or debit card. We believe millennial renters want an easier, more flexible way to pay their rent every month and Pay with RadPad enables them to pay any landlord, at any time, right from their phone."