Audience
Property managers who need an electronic payments processor for the apartment rental industry
About RentPayment
RentPayment from MRI Software is the leading electronic payments processor for the apartment rental industry. With this service, property managers can collect rent on time, reduce rent collection costs and access detailed reporting to analyze their business. Renters use our solution to pay their rent online, on their mobile phone or by text message using a credit card, debit card or eCheck. We streamline rent collection by providing these benefits to the largest properties in the country – representing thousands of apartment buildings and millions of renters making us the industry leading e-payment solution. RentPayment streamlines your process by depositing directly into your account so you can collect rent on time and reduce collection costs. You also have access to highly detailed reporting to analyze your business, marketing tools to increase awareness, and so much more.
Other Popular Alternatives & Related Software
letus
Take control of your finances, mitigate risk, open up flexible new ways for tenants to pay--all in one simple platform. The most comprehensive payment network. Contact-free payment options are fast becoming the standard. Through the RentMoola platform, you can enjoy improved liquidity by offering your tenants flexible ways to pay online, phone, or in person. We are partnered with all major credit cards, international payment solutions, banks, stores, and more. For the first time ever, renters can now get access to a credit line that allows them to cover monthly expenses. Property Managers can access working capital to cover expenses in case of emergencies. From payment solutions, to background and credit checks, apartment listing and application management, security deposits, insurance, communcations, and more. RentMoola simplifies the way people manage the way they rent all in one platform. Now more than ever, renters want to manage everything online.
Learn more
RentTrack
RentTrack is a streamlined payment portal for renters that’s unlike any other. By solving a problem everyone else ignored we’ve leveled the playing field. For most renters, rent is their biggest monthly expense, but until now, renters have never had the credit-building advantages homeowners take for granted. By reporting rent payments to all three major credit bureaus – the ones lenders use to assess credit worthiness – renters can now build credit and take control of their future as they pay their rent. Give residents a reason to pay online, and on-time. Get the best of both worlds: fast and convenient online rent payments, plus a credit-building incentive for renters. Your residents can pay rent online by ACH or Credit Card. Funds transfer directly to your account within one business day for all payment types - with no rush fees. Incentivize on-time rent payments with positive reporting to reward your responsible residents.
Learn more
Schedule My Rent
Software services to market vacancies, receive online rental applications, screen tenants with credit and background checks, collect rent, manage maintenance requests, and track expenses.
Ways tenants can pay rent:
- with cash at any MoneyGram location (Walmart, CVS, etc.)
- with their bank account
- with credit or debit cards
Rent can be collected monthly, twice per month, or weekly.
Landlords can receive rent the same day that rent is withdrawn from a tenant's bank account with the QuickPay option.
Late fees are automatically added to a tenant's account and you can stack any combination of late fees and daily late fees to match your lease terms.
Easily review your rent status:
- Multi-unit view shows how much rent has been collected and how much rent is due across all your properties or for specific businesses or units.
- Unit view shows the complete status for a lease and you can easily add one-time charges (utility, etc.)
Learn more
Story by J.P. Morgan
Manage properties, save time, and stay organized. Story by J.P. Morgan is an all-in-one platform that simplifies rent collection, banking, and more. Start up, scale out, and plan your real estate journey today. Streamline monthly rent collection through flexible payment methods, improve cash flow with fast transfers, and automate invoicing for your tenants. View and track the status of your rent payments, security deposits, and lease agreements with automated recordkeeping. Enjoy up to 70% off tenant screenings with TransUnion SmartMove and get reports (credit, criminal, and eviction) within minutes. Make informed investment and rent decisions using Moody's Analytics REIS data on multifamily rent, vacancy rates, sales price, capitalization rate, and more. Make an impact while saving money. Qualified multifamily loans can earn a discounted rate through the Chase Affordable Housing Preservation Program. Check your property’s eligibility using Story’s affordability calculator.
Learn more
Pricing
Free Version:
Free Version available.
Integrations
Company Information
MRI Software
Founded: 1971
United States
www.rentpayment.com/property-managers-and-landlords/
Videos and Screen Captures
Other Useful Business Software
8 Monitoring Tools in One APM. Install in 5 Minutes.
AppSignal works out of the box for Ruby, Elixir, Node.js, Python, and more. 30-day free trial, no credit card required.
Product Details
Platforms Supported
Cloud
iPhone
iPad
Android
Training
Documentation
Live Online
Support
Phone Support
24/7 Live Support
Online
