UAE and Kuwait-based property technology start-up Ajar has committed to providing its platform free to help make online payments accessible for tenants amid the ongoing coronavirus pandemic, the company has announced.
In a statement, said that cheque and cash payments for rent have been blocking property owners streams of income and posing a health risk for tenants amid the pandemic.
Governments and central banks around the region have also warned against the use of physical payments such as cash, cheques or POS machines, which may put people in unnecessary risks.
“Unlike other expenses that can be put on hold in the middle of a crisis, rent is avoidable,” said Shaheed Al Khudhari, the founder and CEO of Ajar.
“Regardless of the state of the economy, residents are still expected to pay their rent to keep their homes and businesses.
“Being in the rent payments space, we felt obliged to do everything we can to provide a safe alternative for all tenants,” Al Khudhari added.
Using Ajar, tenants can pay landlords online, while landlords can also sign up for free.
In response to the coronavirus pandemic, Ajar has also activated features including rent discounts, more flexible rent installments and limited period rent postponements. More
By Bernd Debusmann Jr arabianbusiness.com