Yardi Payment Processing™ expedites rent collection through online payments, check scanning, and same-day electronic bank deposits that get money into the bank faster and optimize cash flow. Yardi Payment Processing is fully integrated with Yardi Voyager™ and supports credit card and ACH payments as well as commercial checks, cashier's checks, and money orders.
Check Scanning
Yardi CHECKscan™ increases efficiency by eliminating trips to the bank. Scanned checks and money orders instantly become Voyager transactions, with auto-matching to tenant charges, and same-day electronic deposits fully integrated with the Voyager accounting system.
Yardi offers both self-service check scanning and full-service outsourcing. With Yardi's outsourcing solution, payments are sent to a secure lockbox processing center where they are scanned and converted into electronic transactions for you. With this full-service option, your staff is completely freed from handling checks and money orders to focus on higher-value tasks.
Key Features
- Bulk scanning of up to 50 checks/money orders at a time
- Online review workflow with color coded transactions
- Auto-matching of payments to tenant charges
- Auto-delivery to financial institution
EFT to your bank the same day
- Automated legal and exception handling
- Priority payment sequence applies Voyager payment rules
- Check images archived in Voyager for permanent storage
- Fully compatible with bank reconciliation process
- Outsourcing option with same-day processing and deposit
Online Payments
Yardi Portal™ connects with your existing website and provides online self-service rent payments for tenants, with same-day deposits and easy bank reconciliation. Tenants can log in securely at any time, view their ledgers and account balances (sales data is displayed for retail leases), and pay rent directly from a bank account (ACH payment) or with a credit card. The recurring payment option allows tenants to schedule convenient automatic monthly rent payments.
Key Features
- Online ACH and credit card tenant payments
- Paperless, electronic same-day bank deposits
- 24/7 access to view ledgers and make online payments
- Yardi Portal includes online ledgers, account balances, and service requests
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