Payment Processing for Senior Living

Payment Options for Residents and Responsible Parties

Give senior living residents and authorized payers easy solutions to make timely payments, and make payment processing a snap for your staff. Fully integrated with Yardi Voyager® Senior Housing, Yardi Payment Processing™ includes Yardi Online Payments™ and Yardi CHECKscan™ to streamline rent collection, cut operational costs, and reduce processing errors. Residents and their responsible parties can conveniently pay rent online, and your staff can quickly bulk scan and digitize payments made with checks and money orders.

Payment Processing supports many different property types in the U.S. and Canada, including senior living, commercial, and residential properties.

Product Highlights

 

  • Online Payments

    Online Payments supports paperless self-service rent payments for your residents, with a recurring payment option. Residents and authorized payers can log in at any time, view account balances, and pay rent directly from a bank account (ACH payment) or with a debit card or 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; debit and credit card payments are processed within 2-4 days.

  • Check Scanning

    Yardi CHECKscan eliminates trips to the bank, lost checks, and manual keying errors. It also reduces NSF risk and processing time with simple, bulk-scan batches of money orders and personal, corporate, bill pay, and cashier’s checks. 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.

Key Features
  • Electronic deposits provide rapid availability of funds
  • 24/7 access to view ledgers and make online payments
  • Debit and credit card and ACH payments with recurring ACH option
  • 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
Key Benefits
  • Increases resident satisfaction and maximizes your cash flow with online payments
  • Scans and digitizes paper checks and money orders in bulk
  • Provides instant access and payment confirmation
  • Auto-transfers electronic deposits to your bank account
  • Eliminates manual errors and time-consuming bank trips