It typically takes 1-3 business days for your payment account to be approved. The status is updated daily!
To see the status of your payment accounts:
Follow the tour and we'll do it together. 😄
Or, follow the instructions below! 👇
From your RentRedi dashboard, click the dropdown arrow by the "Rent" section
Click "Payment accounts"
For each payment account, you'll be able to see the status of your account ("Under Review", "Deposits on Hold", or "Ready to Process")*.
It typically takes 1-3 business days for your payment account to be approved. 😀
After your account is approved, you'll be able to see the funding time (updated every 24 hrs) for each account
*In an effort to keep the platform safe for everyone and prevent fraud, the payment processor verifies identities and that each person is verified to collect money on behalf of the property owner.
Under Review: Currently being reviewed by our payment processor
Ready to Process: Ready to receive rent payments from tenants
Deposits on Hold: Funds that have been received but are temporarily unavailable for use or withdrawal