Knowledge Base
Report A Repair
Making Property Management Transparent and Easy
In this article
Standing OrdersDirect DebitCard PaymentsBank TransfersKey Takeaways
Home
Accounts
Payment Methods

The Security of Your Payments: What You Need to Know

Edited

Ensuring the security of your payments is a top priority for both tenants and landlords. At Property Genius, we take this matter seriously and employ various measures to safeguard your financial transactions. Here's what you need to know about the security aspects of different payment methods:

Standing Orders

  • Security Level: High

  • How it's Secure: Standing orders are set up directly with your bank, which means the transaction is protected by your bank's security protocols.

  • Note: Always double-check the account details before setting up a standing order.

Direct Debit

  • Security Level: Moderate to High

  • How it's Secure: Direct Debits are protected by the Direct Debit Guarantee, offering some level of protection against fraudulent transactions.

  • Note: We do not offer Direct Debit facilities, but it's good to know the security features if you use this method elsewhere.

Card Payments

  • Security Level: Moderate

  • How it's Secure: Card payments often require additional verification steps like a PIN or a one-time password.

  • Note: Always ensure you're using a secure and trusted platform when entering card details.

Bank Transfers

  • Security Level: High

  • How it's Secure: Bank transfers are generally secure as they are initiated by you and go through banking channels.

  • Property Genius Bank Details:

    • Bank Name: NatWest

    • Account Number: 29809010

    • Sort Code: 50-00-00

    • Name: Property Genius

    • Ref: [DGEXXX] (found on your invoice)

  • Note: Always double-check the account details and use the correct reference number to ensure the payment is allocated to your account properly.

Key Takeaways

  • Always use secure and trusted platforms for making payments.

  • Double-check account details and reference numbers before initiating a transaction.

  • Keep an eye out for any suspicious activity on your account and report it immediately.

Your financial security is crucial, and understanding the security features of each payment method can help you make safer transactions. If you have any concerns or questions about payment security, don't hesitate to reach out to us.