Yardi Payment Processing includes three payment processing options for multifamily property management. Yardi Online Payments™, Yardi CHECKscan™, and Walk-in Payment System (WIPS™) are payment processing solutions integrated with Yardi Voyager® to streamline rent collection, cut operational costs, and reduce processing errors. Your residents can conveniently pay rent online or at participating retailers, and your staff can quickly bulk scan and digitize rent payments made with checks and money orders.
Yardi Online Payments
Yardi Online Payments provides paperless self-service rent payments for your residents, with a convenient recurring payment option. Residents can long in at any time, view their account balances, and pay rent directly from a bank account (ACH payment) or with a credit card. Online payments are entered directly into Voyager®, with automatic deposits and easy bank reconciliation. ACH payments are sent to your bank via EFT the next day; credit card payments are processed within 2-4 days.
Our Walk-in Payment System (WIPS™) is a feature that allows residents to pay rent in cash at participating retail locations. Residents get the convenience of a one-stop experience. Property management companies gain efficiencies and reduce money order fraud. This service can be easily added to your existing Yardi cash management system. Electronic payment confirmations available in Yardi Voyager next-day; funds made available within three business days.
Yardi CHECKscan™ eliminates trips to the bank, lost checks, and manual keying errors, and also reduces NSF risk. Simply bulk scan batches of personal, corporate, bill pay, and cashier’s checks and money orders, and greatly reduce processing time. CHECKscan creates receipt batches in Voyager for all items, and permanently stores the image files — so you don’t need to make copies. Payments are transferred electronically to your financial institution the next day, which optimizes your cash flow.
Electronic deposits provide rapid availability of funds
Credit card and ACH payments with recurring ACH option
Walk-in payment service allows residents to pay rent in cast at participating retail locations
24/7 resident access to view ledgers and make online payments
Voyager auto-matches charges and applies payment priority rules
Permanent check image storage in Voyager for scanned payments
Online review workflow with color-coded transactions for easy resolution. No data transfer or synchronization needed
Click the image below for a tour of Yardi Payment Processing