ProPay, a US-based payment services provider, has revealed a new service allowing to rent be paid using a mobile device.
Residents can now pay rent, communicate with property managers and submit maintenance reports instantly using a smartphone or tablet.
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By GlobalDataProperty managers may also implement mobile credit card readers to collect application fees and security deposits with a smartphone or tablet using the ProPay JAK.
The service is powered by Aptexx, an mSaaS (mobile Software-as-a-Service) provider that uses Responsive Web Design and HTML5 technology to provide mobile rent payments.
Greg Pesci, president of ProPay, said: "ProPay is a mobile payments leader and innovator, and our partnership with Aptexx is one more example of how we provide creative ways to extend the value of payments."
William Evick, CEO at Aptexx, said: "There are almost 50m Generation Y Millennials (ages 18-34) in the rental market and roughly 80% own smartphones. For property managers to remain competitive, they must adapt to the mobile renter. The majority of the property management industry is using software that was built over a decade ago for PCs and laptops; software that simply doesn’t work well on smartphones. We’ve solved that problem."
In December 2012, ProPay was acquired by TSYS, a credit card processor.
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