Monoova for rental companies
Smarter, easier payments & collections
Many rental agreements last for months or even years, and regular payments are part of the process.
Monoova’s payments platform brings multiple payment capabilities under one roof while helping rental and leasing businesses automate collection, reduce manual chasing and minimise missed payments.
- Automate recurring collections using PayTo and more
- Real-time notifications that can flag insufficient funds on supported payment methods.
- Accept PayTo, cards, Apple and Google Pay digital wallets and PayID
- Offer Direct Debit and BPAY for recurring and one-off payments
- Assign each customer a unique virtual account
- Use payment links for a simpler way to receive funds transfers
- Automated reconciliation that can help reduce manual processing
Access modern payments technology
End-to-end payment processing for rental businesses
Whether you lease white goods, equipment or vehicles, you need to be able to collect payments consistently and reliably.
Monoova’s payments platform is designed to connect with your existing systems, offering a single platform to support recurring collections, payment recovery workflows and reconciliation. This can help reduce manual administration and support timely follow-up on overdue accounts.
Automated reconciliation
Unique identifiers for simpler tracking
If you are juggling multiple bookings, deposits and returns across different customers on different pay cycles, manual matching can make it harder to track which payment belongs to which booking.
Monoova assigns a unique virtual account or PayID to each customer or booking, so payments are automatically matched, helping reduce the time spent chasing unallocated funds or cross-checking spreadsheets against your booking system.
Transactions can be tracked in real time, giving your team more visibility over what’s been paid, what’s outstanding and what’s ready for release.
Help prevent failed collections
Make catch-up payments easier
Automating rental payments is the first step. The real value is in what happens when a payment fails.
Monoova’s PayTo integration provides real-time confirmation of whether a payment has been successful or unsuccessful, helping businesses identify issues sooner and reduce the admin involved in managing failed collections.
When a payment is unsuccessful, payment links can provide a simple way for customers to complete payment, helping reduce manual follow-up and recovery administration.
Make Money Move
Automated collections
Recurring payments via PayTo, with real-time payment status updates that can help streamline payment recovery.
Real-time payments & reconciliation
Receive supported payments in real time, including outside standard business hours, while reducing manual reconciliation.
A smoother experience for your customers
Give customers more ways to pay for bookings, bonds, a lease repayment or returns.
Tap into the latest payment technology
Manage payments across the rental lifecycle
From customer deposits and recurring repayments to refunds and returns, equipment and vehicle rental businesses manage multiple payment touchpoints throughout the customer journey.
Monoova provides access to payment and fund disbursement capabilities that support these workflows, including real-time payments, payment notifications, transaction data and reconciliation tools. By bringing these capabilities together in a single platform, businesses can manage money movement across the rental lifecycle with greater visibility and control.
API functionality
Easy setup & integration
Monoova connects to your existing systems through a single API integration, so you don’t need to overhaul your booking, fleet management or finance software to update the way you get paid.
Once connected, Monoova sits underneath your existing tech stack, supporting payments and reconciliation. Your team keeps working with the tools they already know, while Monoova helps move and match the money underneath.
Security first
Protecting Your Business and Your Customers
We’re experts in payments and security, so you don’t need to be. Our platform is PCI-DSS and SOC 2 compliant, with multi-factor authentication included as standard, and end-to-end encryption.
Monoova Payments Pty Limited is the authorised representative of Monoova Global Payments Pty Ltd (AFSL 421414) and maintains compliance with AML/CTF obligations under AUSTRAC.
Who We Help
Monoova Clients Operate Australia-Wide
Rental and leasing businesses across Australia trust Monoova to power their payments, including:
- Equipment and whitegoods rental providers, including franchise operators
- Vehicle leasing companies supporting rideshare and delivery drivers
- Dealership leasing arms offering vehicle and truck leasing options
Whatever you rent or lease, and however your customers pay you back, Monoova’s platform can help you collect faster and reconcile automatically.
Why Choose Monoova?
One platform. Multiple payment types.
Manage a wide range of payment types, from bookings to bonds to recurring repayments, without stitching together multiple systems or building an in-house solution from scratch.
Monoova gives you:
- Collection infrastructure that supports recurring payments and payment recovery workflows
- Real-time settlement, available around the clock
- Automated reconciliation designed to support growing transaction volumes
- A single integration designed to connect with your existing tech stack
- Local support, built for the Australian payments landscape
Access more ways to make money move®
Cards
With Monoova, you can accept debit, credit, Google Pay and Apple Pay.
Direct Debit via Monoova
Enable Direct Debit and receive payments faster, with settlement typically one business day ahead of standard processing.
BPAY
BYO biller code or set one up with Monoova.
Monoova is your partner to make money move®
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FAQs
Frequently asked questions for merchants.
Rental businesses can use recurring payment methods such as PayTo and Direct Debit to automate scheduled collections, with Monoova supporting payment status visibility and reconciliation.
Depending on the required payment flow, businesses can support PayTo, Direct Debit, cards, BPAY, PayID and digital wallets through Monoova’s payment infrastructure.
Yes. Monoova supports automated reconciliation and unique payment identifiers designed to help match incoming payments to customers, invoices or accounts.
PayTo supports recurring payment agreements and scheduled payments, making it a potential option for recurring rental or leasing collections where the payment flow is appropriate.
Yes. Monoova provides APIs for receiving, managing and reconciling payments across multiple Australian payment rails.