Real-Time Rental Payments Provide Alternative To Outdated Systems

Money Mobility Tracker®: From Rent to Refunds: The Push for Faster Payments in Property Management

Missed and late rent payments have persisted in the U.S. since the pandemic’s onset, exacerbated by renters’ financial struggles and property managers’ outdated payment systems. This edition of the “Money Mobility Tracker®,” a collaboration with Ingo Payments, explores how digital and instant payment solutions not only expedite transactions and streamline property management expenses but also more than double renter satisfaction.

Inside the April/May Tracker
  • Many property managers aim to expedite rent payments to minimize errors and reduce the likelihood of late or missed payments.
  • Tenants who pay rent online report a significantly higher satisfaction rate than those who don’t.
  • Implementing instant payments can ensure the swift arrival of funds to their destination.