Yardi Payment Processing™ is an affordable solution that is fully integrated with Yardi Voyager™ to streamline rent collection and reduce operational costs. Yardi Payment Processing automates workflows, creates electronic transactions, reduces paper, eliminates bank runs, and maximizes cash flow with same-day EFT deposits. Your residents can conveniently pay rent online, and you can easily bulk scan and digitize rent payments made with checks and money orders.

Yardi Payment Processing provides online self-service rent payments through Yardi Portal that manifest as real-time Voyager transactions, with electronic deposits and easy bank reconciliation. You have the option of adding a convenience fee to online payments, which creates a new revenue stream.

		ACH and Credit Card Payments Residents can log in to Yardi Portal to check their account balance and make rent payments online from a checking account (electronic check/ACH) or with a credit card. The recurring payment option offers the added convenience of scheduling automatic recurring rent payments.
		Electronic Bank Deposits Online payments are secure, real-time transactions that manifest immediately in Voyager, with automatic ledger updates. ACH payments are converted to X9 deposit files, and along with credit card payments are sent to your bank via EFT the same day.

Manual rent collection is time consuming and costly. As part of Yardi Payment Processing, Yardi CHECKscan™ allows you to scan up to fifty personal checks, corporate checks, and money orders at a time, view the payment images in Voyager to confirm resident matches, then post the payments for same day bank deposits. The entire process, through bank reconciliation, is fully integrated with Voyager’s accounting system.

		Checks Converted to Electronic Payments Paper checks and money orders can be bulk scanned to create electronic receivables in Voyager. Simply confirm resident payment matches that are automatically linked to resident charges, and create receipt batches that post to the G/L. Funds are auto-transferred to your bank account.
		Electronic Bank Deposits Checks and money orders are converted to X9 deposit files and sent to your bank via EFT the same day, which reduces float time and accelerates funds availability.