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Property ManagementRent PaymentNSWMEDIUM

A NSW agency tells all new tenants they must pay rent through a particular third-party app that charges a convenience fee on each payment. Is this compliant?

Correct Answer

D) No, tenants must be able to pay by a fee-free bank transfer method

Since 19 May 2025, landlords and agents must allow tenants to pay rent by an approved electronic bank transfer method, such as EFT, direct debit or BPAY, without additional fees, and from 2 March 2026 must also offer Centrepay. Tenants cannot be required to use a particular service provider, such as an app. Other methods may be used only if both parties agree.

Answer Options
A
Yes, if the fee is disclosed in the tenancy agreement before signing
B
Yes, because an agency may choose one payment platform for all tenants
C
No, because rent in NSW must be paid in cash or by cheque on request
D
No, tenants must be able to pay by a fee-free bank transfer method

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