- 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 /
- Payment Card
Payment Card
Credit/Debit Card and PIN-less Debit
As part of its complete suite of payment services, PropertyBridge offers the convenience and benefits of making a payment using a credit or debit card. PropertyBridge is one of few providers who offer PIN-less debit, a popular consumer choice for all manner of payments that has significantly lower processing costs than credit cards. With real-time authorization of the transaction, property managers know instantly that a payment is accepted. And, residents can earn rewards points for paying rent and/or avoid a hefty late fee.
- Highly competitive PropertyBridge blended rate shields you from numerous rate fluctuations, which generally increase twice each year. This is important because:
- On an interchange plus model, you are likely paying more than you should
- You can establish an appropriate and reasonable convenience fee that covers your costs
- With a consistent rate you always know what you’ll be paying
- PIN-less Debit enables significant cost savings on processing rates
- Improve new prospect sales with the ability to pay deposits and application fees on the spot
- Real-time authorization allows for immediate notification of payment approval
- Convenient amenity for residents, including:
- Ability to earn rewards or points if offered by their credit card issuer
- Ability to avoid a hefty late fee, often less than the cost of a “convenience” fee
- One-time or recurring transactions
- Multiple credit card types: Visa, MasterCard, American Express, and Discover
- Check/debit cards with Visa or MasterCard logo
- Debit networks supported: STAR, NYCE, Pulse, Accel/Exchange
- Available in multiple channels: Online, Phone, Onsite
- Resident enters the card information online, over the phone, or in person
- Resident transaction data is securely routed to the credit card processor
- The transaction is routed to issuing bank (resident’s bank) to request transaction authorization
- The transaction is authorized or declined
- Transaction appears in real-time in the PropertyBridge application
- Issuing bank approves transfer of money to acquiring bank. The acquiring bank, in turn, credits the property’s bank account