Automating Rent Payments for Property Managers, Building Credit for Renters
Easily manage same-day rent payments and rent reporting with our secure and automated solution.
Give your renters the added benefit of improved credit history through Equifax reporting.
WHY DWELLO?
Paying rent through Dwello is the disciplined way to gain control over your financial future
On-time rent payments
Dwello is integrated with Interac. Your payments are always on-time.
Set up your rental contract and let Dwello do the rest.
Report rent to credit bureau
Free monthly credit score check.
By using Dwello, you have the opportunity to improve your credit score.
Personalized offers
Dwello is a marketplace of financial products that are curated to your needs.
Unlock financial rewards just by paying rent on time
OUR PARTNERS
Automate & Reconcile Payments with
Interac Requests
Stop wasting time on reconciling incoming payments. As a landlord, let Dwello organize and facilitate automated Interac Requests to your renters.
Sign up now to benefit from setting up unlimited units for FREE.
Paying rent has never been as
rewarding!
Sign up to unlock exclusive credit & insurance offers as well as local deals.
As a renter, Dwello helps report your rent payments to Equifax for FREE. Sign up for an opportunity to improve your credit score.
KEY FEATURES
Unlock savings and benefits
Dwello works with its financial partners to unlock the best savings and financial benefits for you as reward for your ongoing, regular rent payments.
Credit card offers
Unlock credit card and loan offers from our trusted partners.
Insurance offers
Get preferred quotes from our insurance partners.
Banking & mortgage products
Get access to the best mortgage rates from our brokers network.
How it works
Simple onboarding with just a few steps.
1. FREE sign up
Yes, you read it right. It's FREE.
2. Create a contract
Landlords and tenants can create a rental contract on Dwello.
3. Approve contract
Landlord or tenant approves the rental contract created by the other party.
4. Interac email request sent
Dwello sends tenants an automated Interac email request every month when rent is due.
5. Fulfill Interac via your bank
Tenants can fulfill their rent payment by clicking through the Interac email request initiated by Dwello.
6. Payment completed by tenant
As a landlord, turn on Interac auto-deposit and don't worry about Interac passwords for incoming payments.
7. Payment deposited to landlord
Landlords get paid same-day. Don't waste time on reconciling incoming payments.
8. Rent payment reported to Equifax
As a tenant, start building your credit with your biggest payment of the month.
9. Unlock offers & deals
Landlords and tenants can benefit from special financial offers and deals directly from within their dashboard
What differentiates Dwello?
Below is a quick list of what makes Dwello different than the rest
FREE Rent Reporting to Credit Bureau |
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FREE Credit Score Refresh and Monitoring |
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Automated Interac Payments |
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Automated EFT (pre-authorized) Payments |
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Rent Deposit Splitting |
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Access to Personalized Financial Marketplace |
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Local Offers & Deals |
FAQs
Most frequent questions and answers
- Automated Interac Request: Interac requests are sent to renters the day before their rent is due.
- Bill Payment: Using renter's own bank and an account number that Dwello provides, pay your rent like you would pay a bill.
- Direct Interac: Renters can manually send their rent payment to rent@dwello.com with a unique code in the message that Dwello provides.
- EFT: Pre-authorized debits can be set up using the renter's bank details.
Through your Dwello dashboard you are able to see a real-time snapshot of complete, pending, missed, declined payments. Each payment status has actionable items that can help you accelerate your payment reconciliation and help you provide excellent customer service.
Dwello is free for landlords and property managers when the rent payments are done using Interac e-transfer initiated by the renter. If the landlord opts to get paid from their renters using Interac Requests, Dwello charges a $5 fee per renter per month. See https://dwello.com/dwello-for-landlords for more details.
Contact us to discuss the best options for you.
There’s no catch. Dwello is free. We simply make money by connecting you with exclusive partner offers that improve your financial health.
No. We do a soft credit check. Your credit score is not affected by looking it up through Dwello.
Based on your credit score, we are able to recommend to you some of our exclusive partner product offers. These are some of the product types Dwello offers:
- Credit cards and loans
- Mortages
- Banking
- Insurance
- Investment