How is my sensitive data protected?
What safeguards do we have in place to protect tenant's data?
Privacy & security are important to us, and we're dedicated to making sure your information is safe and secure. We've partnered with the best in the business to ensure payments are handled in the best way possible for you and your tenants.
Plaid is used by more than 12,000 financial institutions (including Venmo, Chime, Betterment, & Acorns) for bank connections. If you are wondering about the privacy & security around payments, you can read their full privacy policy here: Plaid Privacy Policy.
Plaid never shares your personal financial data without your permission, and they never sell or rent it to outside companies.
Data Encryption:
RentRedi uses TLS (newer version of SSLs) and all sensitive data (personal and payment information) is encrypted in transit and at rest.
Secure Payment Processing:
RentRedi is PCI DSS Level 1 Compliant. We partner with PCI-Compliant financial companies like Stripe and Plaid.
We comply with yearly auditing to ensure compliance
Subjected to monthly maintenance in order to maintain compliance
Fraud Prevention & Monitoring:
Tools like Sift and Stripe Radar monitor transactions for suspicious activity
Systems in place to block fraudulent activity
Verifications in place when changing sensitive data
Authentication & Access Controls:
2-Factor Authentication
Customizable Access: utilize the teammate feature to limit access to sensitive data based upon user role and permissions
Privacy:
RentRedi does not sell user data
Only anonymized & aggregated data is disclosed with selected data analysis partners in order to bring you helpful reports like the On-Time Rental Payments reports
Insurance:
RentRedi holds an active cybersecurity insurance policy which covers data breaches