Payment Processing for Commercial

Commercial Tenant Payment Options

Allow your tenants to make convenient payments online. Automate rent processing and eliminate bank runs for your staff to save time and maximize cash flow.

Increase tenant satisfaction and maximize cash flow with Yardi Payment Processing™. Yardi Online Payments™ and Yardi CHECKscan™ are payment processing solutions built into Yardi Voyager® that streamline payment collection, cut operational costs, and reduce processing errors. Your tenants can conveniently pay rent online, and your staff can quickly bulk scan and digitize rent payments made with checks and money orders.

Payment Processing supports many different property types in the U.S. and Canada, including commercial, residential, and senior living properties. For small to mid-sized clients, we offer Payment Processing for Genesis².

Product Highlights

 

  • Online Payments

    Online Payments supports paperless, self-service rent payments for your tenants, with a recurring payment option. Tenants can log 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.

  • Check Scanning

    CHECKscan eliminates trips to the bank, lost checks, and manual keying errors, and also reduces NSF risk. Simply bulk scan batches of personal, commercial, bill pay, and cashier’s checks to 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, optimizing your cash flow.

Key Features
  • Electronic deposits provide rapid availability of funds
  • 24/7 tenant access to view ledgers and make online payments
  • 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 tenant 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 for tenants
  • Auto-transfers electronic deposits to your bank account
  • Eliminates manual errors and time-consuming bank trips