Friday 29 December 2017

Landlord Software with Industry-Leading Information Security by Schedule My Rent

When our founders started creating landlord software, information security was foremost in their minds. As our founders and software designers have extensive industry experience in payments, they are intimately familiar with the optimal design options in information security. As we grow and expand our rental property software, we continue to design new features with our customer’s security as a primary focus.





How does Schedule My Rent keep customer information secure? Several of our design features include:
  •  Encryption. Schedule My Rent uses bank-level encryption (TLS 1.2, ECDHE_RSA with P-256 and AES-128 or AES-256) to protect both transferred and stored customer information. Our encryption is the best in the industry, and specifically prohibits external parties from reading encrypted information.
  • Immediate masking of account numbers.  When the account owner (Landlord or Tenant) enters bank account information, our software immediately masks the information- it is no longer viewable by anyone.  The account holder will see XXXXXX1234 immediately after the bank account is entered on the Landlord Dashboard or Tenant Portal screens.  This protects the account holder if an unapproved party obtains his or her login information.
  • Bank Payments.  Schedule My Rent has developed the capability to processes all tenant bank payments internally and does not use any third-party software providers for bank payments.  This ensures that bank payments are only stored at Schedule My Rent and our bank, which eliminates the risk of Third Party providers.
  • Authentication. As part of the sign-up process, Schedule My Rent verifies bank accounts by making small deposits into every account.  The account holder must verify these amounts before an account can be used, to protect against fraudulent payments. This additional layer of security protects our landlords and tenants, as they are personally verifying their accounts.
  • Payment approval. In addition to protecting personal information, we ensure our tenants approve all payments. With Schedule My Rent, tenants personally provide approval for all payments. With this feature, only our customers are able to approve transactions. We also enable tenants to schedule payments for any date or amount.The amount may be limited to a full amount if the landlord does not allow partial tenant payments.
  • Independent Accounts. With Schedule My Rent, account information is never viewable after the initial entry and the account label is only accessible to the owner of the account. For example, a landlord will not have access to a tenant’s account information, and a tenant will not have access to a landlord’s account information. As Schedule My Rent offers the ability to split rent between roommates, we’ve also ensured that each roommate is able to establish their own account with Schedule My Rent, and can only view their own account information. However, roommates are able to view which roommates have made payments, but account labels and details are not shown to roommates.
Schedule My Rent’s mission is to provide our customers with easy payment solutions with industry leading security designed into our products. With Schedule My Rent, our customers feel confident using our tools and know our designers are committed to protecting their information. 

Collect rent online with secure and time-saving landlord software at https://www.schedulemyrent.com.

 

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