Pay Fees

Apartment Application Fee

Application fees for an apartment are limited to fees for background checks and credit checks, and now cannot exceed $20. The $20 limitation applies to licensed real estate brokers and salespeople acting as an agent of the "landlord, lessor, sub-lessor or grantor". Learn More!


Zelle vs. Paypal

Process
Zelle withdraws funds directly from the sender’s bank account and deposits them directly into the recipient’s bank account. PayPal® withdraws funds from the sender’s PayPal balance, if available (otherwise, it directly debits their bank account, or charges their credit or debit card for a fee). It then deposits funds into the recipient’s PayPal balance. The recipient must separately transfer the funds from their PayPal balance to their bank account.

Speed
Zelle transfers are typically instant. PayPal transfers go into the recipient’s PayPal balance, and they must separately request for the funds to be deposited to their bank account; transfers usually arrive on the next business day. But if transfers made after 7 p.m. EST on business days. or on weekends or holidays, usually arrive on the second business day. PayPal offers instant deposits with an eligible debit card for a $0.25 fee per request. Debit card transactions through PayPal, which carry a fee, are usually completed within 30 minutes.

Fraud protection
PayPal offers buyer and seller protection for transactions made for goods and services. These protections do not exist for personal (“friends and family”) transfers, so the services are about equal in this regard. When you log into PayPal, you will need to provide your username and password, and verify your login via SMS code. PayPal’s SMS verification is somewhat clunky and difficult to use. With the Zelle app, you will only enter in your phone number and verify that in order to log in. If you use Zelle through your bank’s website or app, the level of security will depend on your bank.

Fees
Zelle does not charge any fees. PayPal charges a $0.25 fee for instant deposits, but standard ACH deposits (next business day if initiated before 7 p.m. EST) are free. If you choose to use a credit card to send money to friends and family on PayPal, the sender will pay a fee of 2.9% plus $0.30 per transaction. Payments made from a bank account do not incur this fee. Payments for goods and services, which are covered by PayPal’s protection policies, will cost the seller 2.9% plus $0.30. The buyer will not incur any additional fees, regardless of the payment method. International transactions carry fees, and you can look up the fees that may apply to your transaction, based on the currency involved.

Other features to note
PayPal supports credit card payments and international payments, which Zelle does not.

Please, use the email billing@wvrealtyny.com that is associated with our account for online payments.