Business profiles, micro-deposit authorization for tenants, and optimized external bank account management
It has been a busy November here at Baselane as we continue to improve our product. More is coming later this month, but we are excited to share the following updates that are already live and ready for you to use.
New Business Profiles
Baselane now allows you to add a separate Business Profile (separate from your primary Baselane profile). This information will be displayed in all correspondence with your tenant, included in your tenant’s portal and emails.
To update your Business Profile, Sign In and navigate to your Profile & Setting > Business Profile tab.
Micro-deposit bank account authorization for Tenants
Micro-deposits are a convenient and secure way for your tenants to authorize their bank accounts to make rent payments without providing online banking credentials.
This feature offers peace of mind for tenants who might not feel comfortable adding a payment method using their online banking credentials and flexibility for tenants who bank at smaller financial institutions that our 3rd Party Payments provider (PlaidTM) does not support.
Want to learn more? Check out our detailed instructions on how your tenants can get started
Managing your External Bank Accounts just got a lot easier
We’ve added new functionality to help you manage your external bank accounts on Baselane. You will now be able to add multiple bank accounts from one banking institution. Sign in to your Banking and Cards page and add all the external accounts that you previously were unable to.