PAYMENT PROCESSING FOR RESIDENTIAL

Increase efficiency with automated payments

Yardi Payment Processing speeds up rent collection, eliminates bank runs and streamlines vendor payments. Increase efficiency with a complete solution for accounts receivable and accounts payables.

Features

Unified receivables solution

Collect rent faster. Give residents the convenience of making payments online with simple, browser-based access and handy mobile apps.

Simplify online rent payments

Offer residents multiple ways to pay rent and set up recurring payments. From autopay to flexible rent options, residents can choose what works best for them. Payments are automatically posted to your ledger, and there’s no charge for ACH transactions for you or your residents. Rent can be paid through your website portal, mobile app, text-to-pay and even Amazon Alexa.

WIPS® enable walk-in payments

Let residents pay rent in cash at participating retail locations nationwide. Our walk-in payment system (WIPS) provides the ease of a one-stop experience and reduces money order issues for your staff.

Simplify check processing

Reduce data entry, human error and banking fees with Yardi CHECKscan. Checks are scanned, uploaded and automatically deposited into your account.

Automate bill payments

Automate electronic vendor and owner payments, including check writing, to save time. Payments are automatically administered, distributed and recorded in Voyager — speeding up processes, reducing errors and cutting paper waste. For vendors and owners that don’t accept electronic payments, we can process, print and mail checks for you, saving significant time and increasing productivity.

Resources

FAQ

What is Yardi Payment Processing?

Yardi Payment Processing is a comprehensive solution for automating rent collection, vendor payments, and other financial transactions for property management.

What types of payments can be processed?

Payments can be made via bank accounts, credit/debit cards, and even cash at participating retail locations through the Walk-In Payment System (WIPS).

Are there any implementation costs?

There are no standard implementation costs, but fees may apply for direct-to-bank implementations or third-party payment services.

What are the benefits of using Yardi Payment Processing?

Benefits include faster rent collection, reduced bank runs, streamlined vendor payments, and enhanced convenience for residents and staff.

Can residents make payments online?

Yes, residents can make payments online through a browser or mobile app, with options for bank account transfers and credit/debit card payments.

Is there a mobile payment option?

Yes, residents can use RentCafe TextPay to check balances, submit payments, and receive instant confirmations via text message.

Will my payments continue to process as they do today?

Yes, payments will continue to process as usual, with enhancements for efficiency and security.

What kind of support is available?

Yardi offers comprehensive support, including setup assistance, ongoing maintenance, and troubleshooting.

How are issues resolved?

Issues are resolved through Yardi’s dedicated support team, which provides timely assistance and solutions.