Overview
MCC 6513 covers rental payment collection by property managers, letting agents, and real estate management companies. Card payments are increasingly accepted for residential and commercial rent, security deposits, and property management fees.
Transaction Profile
High value, monthly frequency, predominantly CNP, recurring billing, deposit transactions
Card Network Notes
Visa and Mastercard classify rental payments as a quasi-cash or payment transaction category in some programmes. Surcharging rules vary by market. Convenience fees may be permitted in certain jurisdictions.
Risk & Compliance
Risk is medium. High-value transactions increase exposure to fraud and chargebacks. Tenant disputes over deposit returns and service quality are common chargeback drivers. Some networks impose transaction value limits for this category.