1) Become a MiPropertyPortal client.
2) Apply for Merchant ID for online payment processing ($49 one-time activation fee).
3) In 3-5 business days, your Merchant ID will be activated.
4) Subsequently, input bank details into the tenant details section, either by yourself or by your tenant.
5) Rent and other charges can be automatically withdrawn and deposited within 2 business days. A $0.50 per transaction fee applies.
6) Tenants can pay from the tenant portal. It takes 3 business days. A $0.50 per transaction fee applies.
7) Utilize the portal to remunerate vendors and owners, with each transaction incurring a fee of $0.50.