NEW DELHI: Many people have lost jobs or have seen their salaries cut or delayed because of the covid 19 pandemic, thus making it difficult for them to honour financial obligations, including house rents.
Many of them are now looking at credit options to meet such expenses. In this backdrop, Housing.com, a real estate portal, has launched the 'Pay Rent' platform on its mobile app to facilitate rent transfers using a credit card.
The platform will allow users to transfer rent directly to their landlord’s bank account and generate digital receipts instantly.
Speaking about the facility, Dhruv Agarwala, group chief executive Housing.com, Makaan.com & PropTiger.com, in a press release, said, "Rent is probably one of the biggest expenses borne