PayYourRent.com announces the launch of their new website. The new website is easy to use for property managers and residents alike.
October 2017: Beverly Hills, CA and Knoxville, TN-
PayYourRent.com announces their new mobile-first website. Online rent payment is now easier to manage and more efficient for all users.
5 Reasons to Accept Online Rent Payments
➀ Millennials prefer online payment
The National Multifamily Housing Council lists 54% of apartment residents are under 40. Additionally, 61% of Millennials prefer to pay bills online. This is the current demographic for apartment residents. Catering to these residents will get bills paid on time.
➁ Easily send reminders
Reminders are now digital. Managers can send out upcoming rent reminders and late notices via apps. Residents will never forget their rent is due again.
➂ More secure than paper
Paying rent online is more secure than paper checks. A new Identity Fraud Consumer Report encourages residents to use online bill pay. This reduces the risk of losing a check in the mail, lessening the threat of fraud.
➃ See payment status and history in one easy dashboard
Online platforms allow property managers to see payment statuses. A notification alerts a manager to a processed rent payment. Most platforms will also link directly to accounting software.
➄ More payment options
More payment options are available with property management software. Residents avoid giving their bank information to property managers, making them feel safer. There are also several ways they can pay, whether it’s eCheck, debit card, credit card, or Paypal.
Advantages of PayYourRent.com
The property management industry is challenging to organize. Rent payments are often dropped off or mailed to a property manager via check. Many online rent payment apps charge high transaction fees or are difficult to set up. Property management software doesn’t always have all-inclusive options. Now Payyourrent.com has benefits for both residents and property managers. The property management software from Payyourrent.com uses an app for rent payment.
Fast turnaround times ensure that rent payment processing is efficient every time. The property management software is customizable for all property types and management styles. Property managers can run background checks on potential residents and take applications. Additionally, the PayYourRent.com website has exceptional security. Managers also have the option to send messages to residents.
The PayYourRent.com app is unlike any other rent payment mobile app for residents. Residents are able set to up rental insurance through their online resident portals. It allows residents to send maintenance requests to property managers. PayYourRent.com reports to the credit bureaus. Residents have the opportunity to build their credit every time they make a rent payment.
What the Company is Saying
“We are excited about the launch of our new mobile-first website,” said Anthony Ragland, Head of Marketing. “We believe our property management customers and residents will find it easier to navigate when paying their rent, security deposits, or submitting rental applications online.”
“The new version of PayYourRent.com communicates our value to property management companies, landlords, and residents. Our manager and landlord customers love the fact that we process electronic rent payments the same day. And residents love building their credit history with the credit bureaus with each rent payment,” said Kevin Eberly, General Manager of PayYourRent.
About
PayYourRent.com was founded in 2007 by three property managers. They realized dealing with paperwork was an inefficient method for processing rent payments. Now the company has over 500k resident accounts and 2,500 manager accounts. They have processed two billion dollars in rent payments. PayYourRent.com was created by professionals who know the property management industry. PayYourRent.com founders understand that online services are efficient and reliable. That belief is what makes the company an innovative pioneer today.