RentPayment from MRI offers online rent collection for multifamily properties

RentPayment from MRI is a comprehensive payments solution for multifamily properties and residents. Online rent collection software gives today’s renters the convenience of paying rent online or through a variety of other methods – including check, money order, or cash-based payments – all within an efficient, fully integrated solution. Offering multiple payment options simplifies the experience for your leasing agents as well as residents.

Multifamily property managers can collect rent online while also making life easier for leasing staff and site managers. RentPayment integrates with MRI Living, our comprehensive residential management solution that enables property managers to oversee the entire residential lifecycle. Because our payment solution is fully integrated with MRI Living, payment data is captured and stored when your resident initiates the payment, and your Accounts Receivable system is automatically updated when funds are deposited into your bank account.

With RentPayment, your property can deliver a complete prospect and resident experience through a single solution. This gives residents the ability to make rent payments online more efficiently as part of a fully integrated process, which can increase on-time payments, reduce manual workload and streamline the onboarding experience for new residents.

Features

Streamlined payments

Simplify the payments process for prospects, residents and property managers through a comprehensive solution that handles online payments, as well as checks, money orders, and cash.

Integrated solution

MRI Payments is integrated with MRI Living to provide a true end-to-end residential management solution, allowing site managers and staff to manage payments via a single experience.

Rent collection online

Give your residential prospects and renters the digital services they expect with the ability to pay deposits and rent online and set up recurring payments. Residents can also pay via check, money order, credit card, and more.

Advantages

  • Increase resident satisfaction by giving them a convenient way to pay rent online with their preferred method of payment – credit cards, debit cards and ACH (bank transfers).

  • Reduce errors and save time for your staff by automatically scanning, uploading and depositing checks.

  • Receive rent payments and deposits faster with a flexible payments solution.

  • Eliminate double-entry and manual reconciliation of payment information with a comprehensive solution that integrates with MRI residential management software.

  • Gain complete visibility into all payment activity through a single dashboard that displays transaction status, trends, alerts and notifications.

  • Offer residents the convenience of setting up recurring payments.

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Resources

Find out more

If you would like to find out more about RentPayment from MRI, please get in touch today.