The property management landscape is undergoing a significant transformation, catalyzed by the rising prominence of Property Merchant Services. Traditionally reliant on paper checks and in-person payments, the industry is now embracing the shift towards online rent and facilities payments, a trend accelerated by the impact of COVID-19. As property managers adapt to this digital era, integrated payments are taking center stage, promising enhanced convenience, efficiency, and reduced exposure to health risks.
This shift towards digital payments is not just a temporary adjustment but a lasting change driven by its efficiency and the manifold benefits it offers to landlords, property managers, and tenants alike. Integrated payments, particularly those with recurring billing capabilities, are streamlining processes, ensuring timely payments, and marking a departure from the cumbersome traditional methods.
Flexibility in Property Management with Merchant Services
For tenants or owners, flexibility in payment options is crucial. Secure Property Merchant Services, boasting PCI DSS compliance and robust fraud management tools, have become paramount in ensuring trust and security in online transactions. Industry experts encourage property management software companies to prioritize the integration of payment solutions that cater to the evolving demands of the real estate industry.
Cost Effective Property Merchant Services
In collaboration with leading Payment Processing Providers, Vertical Merchant Services proudly introduces Enhanced Interchange Plus, a pricing model that stands out for its transparency and cost-effectiveness. This model is designed to be straightforward and easy to comprehend for merchants. The term “Interchange” refers to the non-negotiable fees charged by card brands like Visa, Mastercard, and AMEX.
Merchants, under this model, pay the interchange rate of the card along with the processor’s fixed percentage markup based on industry segmentation. The inclusion of the authorization fee and assessment fee, always calculated at cost in a true cost-plus pricing model, ensures that merchants only pay the non-negotiable Card Brand Interchange fees and the payment provider’s markup arising from industry segmentation. This approach eliminates unnecessary extras and hidden charges, providing a hassle-free experience and putting money back into the merchant’s wallet.
Properties, on average, waste $2,000 – $5,000 annually in Merchant Service Fees by not utilizing Vertical’s Enhanced Interchange Plus Pricing.
Get Back, Give Back
Going beyond the realm of transactions, Property Merchant Services is committed to environmental stewardship through its Sustainable Merchant Services. With every terminal sold, the company pledges to plant a tree, contributing to reforestation efforts and offsetting its carbon footprint. This commitment to sustainability extends to the choice of a web hosting partner, SiteGround, renowned for its green web-hosting practices.
Choosing Property Merchant Services means more than just opting for secure and efficient payment solutions; it means actively participating in initiatives that promote a greener, healthier Earth. With every transaction, merchants and clients alike contribute to a sustainable future – one tree and eco-friendly transaction at a time. Join us in making a difference and fostering a sustainable tomorrow.