Name and/or EIN Change with PayNearMe (Cash Pay)

Easily make changes to your PayNearMe account with Rentec Direct.

This article reviews how to:

• Change Your Company Name and/or EIN With PayNearMe
• Change Only the Bank Account PayNearMe Funds are Deposited Into (No name or EIN change)
• Close Your PayNearMe Account
• Apply for a new PayNearMe Account
• Print New Payslips for Tenants

Change Your Company Name and/or EIN with PayNearMe

DBA Only Change

• Contact support@paynearme.com and allow a PayNearMe representative to guide you through the process

Name and/or EIN Change with Merchant Account

If your company has a PayNearMe account used for settlement funding and is changing any of the four listed pieces of information, the existing PayNearMe account will need to be closed, a new account will need to be applied for, and new payslips will be required for tenants.

• Legal name change
• EIN change
• DBA and EIN change
• Update signers on the application

Change Only the Bank Account PayNearMe Funds are Deposited Into (No name or EIN change)

If you are only changing the Bank Account PayNearMe Funds are Deposited Into:

• Complete this PayNearMe Deposit Account Change form and email it to docs@rentecdirect.com, along with a letter from your bank that includes your bank account and routing numbers, stamped by a bank employee. 

Note: A $75 bank change fee will be billed to your Rentec Direct account to process this request.

Tip: When changing the bank account used for PayNearMe payments, consider the timing of the change to avoid delayed payments. (Example: If rent is due by the 5th of the month, you will want to allow time for the transition of accounts for payments to settle)

Close Your PayNearMe Account

The following steps will guide you on how to close your PayNearMe Account:

1. Send an email request to success@rentecdirect.com from the Rentec Direct account Administrator's email on your account that includes:
   1. Your Contact Information

   2. A daytime phone number so that we can verify the validity of the request

      Note: Alternatively, you can close your account by sending a letter by first-class mail to Rentec Direct, 231 SW I St, Grants Pass, OR 97526-2814

2. You will receive an email confirmation within 2-5 days that your account has been closed. (The email will not be deemed delivered until you've received confirmation from Rentec Direct that it was received.)

Apply for a new PayNearMe account

In your Rentec Direct account:

1. Click on Settings
2. Under Financial, click on Cash Payments
3. Review the helpful information, including what you'll need to complete the application.
4. Click on Apply Now

Print New Payment Slips for Tenants

If you needed to cancel your account and apply for a new one, tenants will need to print new payslips.

Click here to see how:

• Tenants can print their own payslips
• You can print a payslip for them