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What is RentPayment?

RentPayment, provided by MRI Software, is recognized as the top electronic payment solution specifically designed for the apartment rental industry. This cutting-edge service allows property managers to guarantee on-time rent collection, reduces the costs related to this process, and offers extensive reporting capabilities for business insights. Renters enjoy the flexibility of paying their rent online, through mobile applications, or even via text, using various payment methods like credit cards, debit cards, or eChecks. By catering to some of the largest properties across the nation, including thousands of apartment complexes and millions of renters, RentPayment has solidified its position as the foremost e-payment service in the sector. The platform streamlines the rent collection process by enabling direct deposits into accounts, ensuring timely payments while cutting down on expenses. Furthermore, users can access detailed reports to better analyze their operations, leverage marketing tools for increased visibility, and benefit from a wide array of features aimed at enhancing the rental experience for both managers and tenants. Ultimately, RentPayment not only simplifies financial transactions but also equips property managers with essential resources to thrive in a competitive landscape, fostering a smoother relationship between renters and management. This holistic approach to electronic payments sets RentPayment apart as an indispensable asset in the modern rental market.

What is PayProp?

PayProp serves as an automated solution for real estate professionals, offering a more efficient and robust alternative to conventional software providers and banking systems. Established in 2004, it emerged from a desire to address the disjointed nature, trust issues, and complexities associated with payments in the residential rental market. By leveraging GivenGain's platform, PayProp facilitates the automatic collection of rent from tenants while ensuring that commissions and payments to property owners, agents, and third parties are directly deposited into their bank accounts. This innovative platform not only streamlines processes but also significantly reduces administrative costs for each transaction. Utilizing cutting-edge technology, PayProp automates entire workflows, enabling property managers to efficiently collect and reconcile all financial transactions. Ultimately, PayProp represents a transformative advancement in the real estate industry's approach to payment management.

Media

Media

Integrations Supported

Infor CloudSuite Business
MRI Software
Mailchimp
Property Inspect
RealPage
SKYLINE
SuiteSpot
Yardi Voyager

Integrations Supported

Infor CloudSuite Business
MRI Software
Mailchimp
Property Inspect
RealPage
SKYLINE
SuiteSpot
Yardi Voyager

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

MRI Software

Date Founded

1971

Company Location

United States

Company Website

www.rentpayment.com/property-managers-and-landlords/

Company Facts

Organization Name

Humanstate

Date Founded

2004

Company Location

United Kingdom

Company Website

www.payprop.com

Categories and Features

Categories and Features

Lease Management

Billing & Invoicing
Commercial Leases
Contact Management
Landlord Database
Lease Classification
Portfolio Management
Property Management
Residential Leases
Retail Leases
Sublease Management
Tenant Database

Real Estate Property Management

Billing & Invoicing
Commercial Properties
Contact Management
Credit Check
Expense Management
Insurance Management
Landlord Database
Late Fee Calculation
Lease Management
Maintenance Management
Owner Portal
Payment Processing
Portfolio Management
Rent Tracking
Residential Properties
Tax Management
Tenant Database
Tenant Portal
Vacancy Tracking
Website Management

Real Estate Transaction Management

Accounting
Appointment Scheduling
CRM
Commission Management
Contract Management
Critical Date Alerts
Document Templates
Electronic Signature
File Sharing
Task Management
Transaction Review

Rental Property Management

Credit Check
Expense Management
Online Payments
Owner Portal
Tax Management
Tenant Management
Tenant Portal
Tenant Screening
Vacancy Tracking
Website Management

Trust Accounting

Accrual Accounting
Activity Tracking
Asset Gain & Loss Reporting
Check Writing
Compliance Management
Cross Ledger Posting
Customer Statements
Fee Calculation & Posting
Receipt Management
Tax Management

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