After a nine-month pilot with several housing providers, Allpay has launched a new pay-as-you-go mobile service, Allpay Mobile, so that tenants can save towards their rent by topping up via their mobile phones.
The payment specialist teamed up with ET Telecomm for the scheme, which offers tenants call rates below major UK operators’ rates and a 10 per cent loyalty bonus towards their rent account for every top-up. This means that if a user tops up £10, they get the full £10 worth of phone credit and a further £1 off their rent account. Furthermore, all members of a household can have their 10 per cent loyalty bonus added to the same rent account.
In order to encourage take-up, tenants can keep their existing handsets and numbers and simply sign up online once their housing provider or local authority has signed up for the scheme. They can then top up in cash on the high street or by phone or online, and manage their account themselves.
Tony Killeen, managing director, Allpay, said, “Through Allpay Mobile, tenants can boost their rent accounts without changing their behaviour, meaning they have less money to find for their rent and their landlord has less rent to collect.
“The scheme is very complementary to the services Allpay already provides. Not only do we now provide the widest range of ways for tenants to pay their bills, but a way for them to save towards them too.”