If you’ve been paying rent with your credit card there’s an important update you need to know.

If you’ve been paying rent with your credit card there’s an important update you need to know.

The Reserve Bank of India (RBI) has officially blocked credit card rent payments processed through third-party apps and platforms. This decision comes after the regulator noticed that many rent transactions weren’t following proper KYC (Know Your Customer) norms opening up risks of misuse, money laundering, and unverified fund transfers.

From now on, only payment aggregators with complete KYC for landlord accounts will be allowed to process rent payments via credit cards. Since most platforms haven’t completed this step yet, the feature has been temporarily disabled across popular apps.

What it means for tenants:
No more reward points, cashback, or extended credit cycles on rent payments.

What it means for landlords:
Make sure your bank account is fully KYC-compliant to continue receiving digital payments without disruption.

While it may seem inconvenient for now, this is a move toward a safer, more transparent digital payment ecosystem protecting both tenants and property owners.

For the time being, tenants can continue using UPI, NEFT, IMPS, or direct bank transfers for smooth rent payments.

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