- Case Study
Morgan Properties Implements Pay by Cash Solution - On-Demand Webcast
Electronic Payment Trends & Best Practices - On-Demand Webcast
How to Eliminate Money Orders in the Community Office
- September 19, 2011
YapStone's RentPayment(TM) to Acquire PropertyBridge - July 13, 2011
PropertyBridge Renews Security & Compliance Certifications - June 21, 2011
New Online Leasing Solution Released
- October 3-5, 2011 – Las Vegas, NV
Multifamily Executive Conference - November 2-4, 2011 – Chicago, IL
Affordable Housing Finance Live
The Pay by Cash solution essentially enabled us to eliminate (money order) fraud and theft
overnight.
Jeff Bailey
N.A.L.S. Apartment Homes
- We put our trust in PropertyBridge nearly five years ago and have not been disappointed.
Scott Stettler
Wasatch Property Management
- After a thorough review of vendors, it was clear that PropertyBridge was the best industry-specific fit for our members’ needs.
George B. Allen, CAE
Texas Apartment Association
- Not only does PropertyBridge have a great solution, but they work hard to ensure that we’re achieving our financial and operational goals.
Trevor Bert
Westdale Real Estate Investment & Management
- PropertyBridge has been a very effective solution for electronic collection and deposit of our resident payments.
McKinley, Inc.
Sam Georgakas
- PropertyBridge’s marketing and promotional programs are top notch – they have really made a difference in increasing our transaction
volume.Emily Short
LumaCorp Inc.
- PropertyBridge makes it easier and more convenient for residents to pay rent, while also reducing administrative work and improving operational performance of our site teams.
Amy Weissberger
Morgan Properties
- Solutions /
- ACH/E-Check
ACH/E-Check
PropertyBridge provides property management companies with a sophisticated and robust solution for accepting rent payments by Automated Clearing House (ACH). An ACH transaction is essentially an electronic check (E-Check), with funds being debited directly from the resident’s bank account. The resident simply enters their bank account information to make a one time payment, or signs up for a recurring payment schedule.
- Low cost and efficient payment option
- Recurring schedules offer residents added convenience, and help reduce delinquencies
- Enables residents to draw funds directly from their checking account
- Highly competitive rates
- One-time or recurring transactions
- Multiple channels: Online, Onsite
- Resident enters bank routing number (ABA#) and account number online or in person
- PropertyBridge forwards bank routing number and account number to processor
- The routing number and account number are validated
- Process or forwards approve/decline results to PropertyBridge
- Date of payment appears in the PropertyBridge application in real-time
- If approved, PropertyBridge routes check for settlement through a processor to the ACH System
- Funds are deposited in the property’s bank account