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Kolmeo for tenants - What rent payment options are available
Kolmeo for tenants - What rent payment options are available

Explore the different payment methods available to allow you to manage the way you pay your rent.

Rasha Salameh avatar
Written by Rasha Salameh
Updated over 2 weeks ago

Rent payment methods

There are 4 potential options for processing rent;.

πŸ›‘ Not all rent payment options are available to all Real Estate agencies that use Kolmeo, check with your property manager which ones they have available to you.


Direct Debit

How to set up direct Debit

You will need to complete a Kolmeo payments onboarding form which you can download, alternatively contact your property manager.
Once the form is completed, your property manager will set up the Direct Debit for you.

How to pay rent using Direct Debit

When you choose Direct Debit as your payment method, there is no action for you to complete, as your property manager will configure the Direct Debit based on the details you provide. The rent will be debited from your nominated account on the next payment due date.

To see the bank account that is being debited, click Direct Debit on the overview screen.

Alternatively you can view from the Payment settings, you will be able to view all the Direct Debit Accounts your property manager has set up against your Profile.

🍏 If your payment method set with your Agency is Bpay, you will not be able to see your Accounts in this screen.

🍏 If you want to remove an account that is currently being used for your Rent Direct Debits, contact your Property Manager. Once they have updated your payment method, you can then enter your Profile and delete the account.

Here you can:

  1. Click on the Edit button to give your Account a nickname

  2. Click on View Authority to download a copy of your Direct Debit Authority form

  3. Click on Remove Account to stop Direct Debit Payments from the Account

  4. Click on Back to return to the Lease Overview screen

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Debit now

Debit now allows you to take control of when you pay your Rent, how much you pay and from which Bank Account.

How to set up debit now

Once your Property Manager configures your rent payment method to debit now, you will then need to log in to your Kolmeo account, where you will be promoted to add your bank account and agree to debit now terms.

  1. Log in to your Kolmeo account

  2. Click on Add Bank Account from the Overview tab

  3. Complete the fields with your bank account details. It's a good idea to add debit now and the date to the nickname.

Once you have added your bank account and agreed to the debit now terms, you can then process your rent payment.

⚠️ Debit now is only available to process rent payments, not invoices

How to pay your rent with debit now

On the Overview screen, click on the Pay Rent button

Choose the amount of rent you will pay:

  • Pay the full amount due; or

  • Pay other amount

  • Once you have made your selection, click on the Next button

If you are in arrears, you will have the option to:

  • Pay the overdue amount only

  • Pay the overdue amount plus upcoming amount

  • Pay other amount

Once you have selected the payment amount, you will be brought to the Payment Summary screen. Here you can:

  • Click on Edit Amount to edit the amount you are paying

  • Click the drop-down list to change the Account you are Paying with (if you have more than one account set up)

  • Once the amount and account are selected, click on Pay Now

A confirmation of payment screen will appear, which includes the description that will appear on your bank statement. Click on OK once viewed to exit the screen

⚠️ Debit now gives full control to you the tenant, you will need to log into your Kolmeo account and process a payment each time your rent is due.

If you would like to have your rent automatically processed on the due date, talk to your property manger about other payment options available.

How to check your payments

This payment will also immediately appear in your Payments screen as a Pending transaction


Adding or Changing your Bank Account

You will need to navigate to the Payment Settings screen, by clicking on your initials at the top left of your screen.

Once on the payment settings page , click on + Add Bank Account

  1. Enter your Bank Account Details

  2. Check the Set as default payment method box if you intend to use this Account as the main payment account

  3. Click on the Next button

  4. Click on the Click Here To View Debit Authority, then after reviewing, check the 'I acknowledge and agreed to the above debit authority' box

  5. Click on Add Bank Account

Your new Bank account has now been added, click on the OK button to view your Account Details


Paycode

Your property manager will enable rent payments via paycode at which point Kolmeo will then generate a tenant-specific paycode number that you will use to pay rent via your normal online banking or app using.

You will find your paycode detail in your Kolmeo account

How to set up paycode

  1. Once you have log into your Kolmeo account, click paycode, this will display the BSB & Account number for you to use.

  2. Click on the account details to copy information to use later.
    ​

  3. Open up your personal online banking tool or mobile app and navigate to where you would normally make a bank transfer or payment via a BSB and Account number.

🍏 We suggest setting up a reoccurring/ scheduled payment aligned to each rent due date so you can set and forget.

How to pay rent with paycode

If you have set up a reoccurring/ scheduled payment in your banking app, there is nothing more for you to do. You can check the payments anytime in your Kolmeo account under payments

If you want to process the payment manually each time the rent is due, all you need is to log into your banking app and use the same paycode details. These will always be available in your Kolmeo account.

  1. Once you have log into your Kolmeo account, click paycode, this will display the BSB & Account number for you to use.

  2. Click on the account details to copy information to use later.
    ​

  3. Open up your personal online banking tool or mobile app and navigate to where you would normally make a bank transfer or payment via a BSB and Account number.

🍏 We suggest setting up a reoccurring/ scheduled payment aligned to each rent due date so you can set and forget.


BPAY

Your property manager will enable rent payments via BPAY at which point Kolmeo will then generate a tenant-specific BPAY ref number that you will use to pay rent via your normal online banking or app using.

You will find your BPAY detail in your Kolmeo account

How topay your rent with BPAY

  1. Once you have log into your Kolmeo account, click BPAY, this will display the Biller Code & Ref (or CRN) number for you to use.

  2. Click on the BPAY details to copy information to use later.
    ​

  3. Open up your personal online banking tool or mobile app and navigate to where you would normally make a bank transfer or payment via a BSB and Account number.

🍏 We suggest setting up a reoccurring/ scheduled payment aligned to each rent due date so you can set and forget.


Setting a new Account as the Default Account

In the Payment Settings screen:

  1. Click on the account you are wanting to set to be the Default account

  2. Click on Set As Default

  3. Click on the X to exit the Bank account details box


Helpful documents

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