NEWS RELEASE
| PropertyBridge Wins Multi-Housing News’ Technology Choice Award For Third Consecutive Year |  |
OAKLAND, CA - August 10, 2009 - PropertyBridge, Inc., a MoneyGram company, and the leading provider of electronic payment services to the multifamily housing industry, today announced that it was named a 2009 Technology Choice Award Winner in the Resident Payment Systems category by Multi-Housing News (MHN) magazine.
The award marks the third consecutive year that PropertyBridge has been recognized by the publication’s readers as a top provider. Winners of the Technology Choice Awards are decided by readers and peers who cast votes for their top providers across various technology categories. The Technology Choice Awards are awarded once each year.
“We are energized by the growing demand for automated payment solutions within the multifamily industry,” stated Vicki Keller, Vice President of PropertyBridge. “We strive to meet the highest standards in quality, service and cost/value for our clients. To be recognized as a top provider by MHN readers is an affirmation that we are meeting those standards from the viewpoint of our end users, which is our top priority,” she added.
Natasha Selhi, Associate Publisher of Multi-Housing News, stated “Now, more than ever, technology choices are critical to efficient operations. Creating convenience for residents and managers by automating billing and payment systems continues to make life easier and less costly for everyone involved.” Adds Selhi, “The winners of the 2009 Technology Choice Award are companies that provide flexible customization, competitive pricing, and the most innovative solutions, all backed by superior customer support. Industry users have voted these firms as those that stand out among the rest.”
About Multi-Housing News
Multi-Housing News is a national publication reaching over 27,000 readers each month. Readers include the top level executives in the multi-housing industry: CEOs, COOs, CFOs, presidents, chairmen, vice chairmen, principals, partners, owners, senior vice presidents, executive vice presidents, directors, general managers and builders of multi-housing-related companies. Multi-Housing News’ mission is to provide the leaders of the multi-housing industry with the most current and complete news, information and analysis in print and online to help them run their businesses more efficiently and profitably. Multi-housingnews.com is a Nielsen Business Media and Nielsen eMedia production.
About PropertyBridge, Inc.
PropertyBridge, a MoneyGram Company, is the leading electronic payments processor for property managers and real estate owners in the multifamily housing industry. The PropertyBridge Payments Platform enables residents to pay rent and other lease-related transactions using multiple payment types, including credit and debit cards, Automated Clearing House (ACH), check scanning (Check 21) and cash payments at approximately 40,000 MoneyGram agent locations. PropertyBridge’s rent payment solutions are fully integrated with the accounting systems and business processes of property management firms. Residents can pay rent online, by phone or in person and set up recurring payments. The company collaborates extensively with financial services leaders including Visa USA, MasterCard, Discover Financial Services, American Express, Wells Fargo Bank and First National Bank of Omaha. MoneyGram, Inc. acquired PropertyBridge in October 2007.
Contact
Summer Palma
Marketing Manager
(510) 463-3033
spalma@moneygram.com
