At this grim hour, when paying rent can be dentful task HDFC's payment app PayZapp has tied up with NoBroker for offering cashback or rewards on rent payment. NoBroker is the brokerage free real estate portal.
And the facility can be availed through the portal's payment gateway NoBrokerPay i.e. on paying rent via NoBrokerr Pay you will be entitled to a reward on rent payment.
Users on paying their rent can earn reward points on their credit cards together with cash back of up to Rs. 500. Through the facility customers can earn up to Rs. 30000 in a year.
"We are working to come up with solutions that would benefit our consumers in these times when many people are suffering liquidity crunch. Our team is consistently working to minimise the impact of the current crisis on our patrons", said Akhil Gupta, co-founder and chief technical officer of.
NoBroker Pay was rolled out in December 2018 that facilitates payment of rent via credit card.
There has been seen a spike in payment of rent via credit card as it to an extent provides some relief as a buffer period in such hard times.