RentPayment logo

RentPayment

by MRI Software · Since 1971
No reviews yet
ActiveAvailable globallyCloud
Quick facts
VendorMRI Software
Year launched1971
StatusActive
Location28925 Fountain Parkway Solon, OH 44139 United State28925 Fountain Parkway Solon, OH 44139 United States
Countries servedGlobal
Languages1
IntegrationsN/A
Free tierNO
Free trialNO
Contact salesYES

About RentPayment

RentPayment is an online payment platform by MRI Software designed for property managers and landlords. It facilitates the collection of rent and security deposits through various channels, including credit/debit cards, ACH, and check scanning, and integrates with major property management systems.

RentPayment, a product of MRI Software, is an online rent collection platform for the residential and commercial real estate sectors. It aims to streamline the payment process for property managers by offering tenants multiple ways to pay, including credit/debit cards, ACH, and check scanning. The platform supports flexible payment schedules, such as split and installment payments. A key capability is its integration with all major property management systems, which automates payment tracking and reconciliation, reducing administrative workload. The service also includes risk mitigation features like NSF protection and a resident rewards program in partnership with Piñata. Pricing is not publicly available and requires contacting the sales team for a demo. Support is available via phone and a client portal. The platform is accessible via web browser and dedicated mobile apps for iOS and Android, positioning it as a comprehensive cloud-based solution for modern property management.

Pros & Cons

Pros
  • Offers residents a wide range of payment options, including credit/debit cards, ACH, and check scanning.
  • Integrates with all major property management systems, automating payment tracking and reconciliation.
  • Provides dedicated mobile apps for both iOS and Android for on-the-go payments.
  • Includes a resident rewards program to incentivize on-time payments and improve tenant retention.
Cons
  • Pricing information is not publicly available and requires prospective customers to request a demo.
  • The platform does not offer a free trial or a free tier for smaller landlords or property managers.

Features

Key features

Multiple Payment Channels

Allows residents to pay rent and deposits via credit card, debit card, ACH, bank bill pay, and check scanning.

Flexible Payment Options

Supports full rent payments as well as split or installment payments to accommodate resident needs.

Property Management System Integration

Offers plug-and-play integration with all major property management systems for streamlined data flow.

NSF Protection

Mitigates risk from non-sufficient funds through account authentication, balance verification, and chargeback support.

Resident Rewards Program

Partners with Piñata to offer a renter loyalty program, including credit bureau reporting and other rewards.

Additional features

Mobile Accessibility

Enables residents to make payments anytime from any device through a mobile-friendly platform.

Automated Reconciliation

Simplifies accounting by automatically tracking and reconciling payments within the property management system.

Dedicated Customer Support

Provides personalized service from a Customer Success team to assist with implementation and resident adoption.

Security Deposit Collection

Facilitates the collection of security deposits through the same convenient online channels.

Case Studies and Reporting

Provides insights into payment adoption and success stories, such as boosting online payments by over 90%.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
1
Interface languages
4
Billing currencies

Interface languages

English

Billing currencies

DOLBRI🇪🇺EUR🇦🇺AUD

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