Payment types

Payment Cards

PropertyBridge is the multifamily industry leader in fast, reliable, and secure credit card payment processing. Our pioneering role in key areas such as compliance and data integration have been widely recognized and heralded. PropertyBridge not only meets standards, we help set them alongside industry trade organizations, payment card associations and leading property management firms across the country.

As part of the PropertyBridge Payments Platform™, property management companies offer the convenience and benefits of paying rent with a credit or debit card. 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.

Benefits:

• Integrates payments seamlessly into leading property management accounting systems
• Reduces the costs of processing paper checks by eliminating data entry and trips to the bank
• Offers a single, integrated view of all payments across the portfolio
• Improves cash management with next day funding and payments captured in real time
• Offers a proven return on investment with customized marketing and support to drive adoption
• Provides a convenient payment method for residents - pay anytime, anywhere
• Offers a flexible, web-based interface with payment types and channels tailored by community
• Ensures that all payments are fully compliant and secure
• Provides a highly competitive rate structure based on unique relationships with leading financial services organizations

How Does it Work?

• Resident enters credit or debit card information online, over the phone, or in person

• PropertyBridge securely routes the transaction authorization request to the 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 management company’s bank account

Features:

• Real-time authorization
• Highly competitive rates
• One-time or recurring transactions
• Multiple card types: Visa, MasterCard, American Express, and Discover
• Multiple channels: Online, Phone, Onsite
• Check cards with Visa or MasterCard logo
• ATM/Debit cards (PIN-less debit)
• View payment status for all transactions via a single interface

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