SUNNYVALE, Calif. – MARCH 19, 2015 – PayNearMe, the electronic cash transaction network, and HousingManager.com, a Lindsey Software company and provider of online property management tools, have partnered to offer a rent collection method that eliminates the risk of fraud and the chance of processing error for public housing authorities and private property managers in 48 out of 50 U.S. states.
According to the FDIC, 68 million Americans live in financially underserved households, relying on cash as a pivotal part of their financial lives. To better service renters who want or need to pay with cash, HousingManager.com has added PayNearMe as a new payment option in its Resident Portal EasyPay offering. Now, tenants can pay rent in cash at their convenience at 17,000 participating stores across the U.S., including 7-Eleven and Family Dollar. Many of the stores are open 24 hours a day, seven days a week. The entire payment process takes less than 60 seconds.
“Too often, being a cash consumer means you have to jump through hoops to take care of everyday bills that plastic-carrying consumers simply don’t have to think about,” said Christopher Volgenau, general manager of PayNearMe’s real estate and property management business. “We are getting rid of those hoops so that cash-preferring consumers can enjoy the same conveniences as their card-bearing counterparts.”
For HousingManager.com’s public housing and property management clients, PayNearMe removes the hassle of cash and money order processing on-site. The traditionally error-prone, manual method of cash and money order processing is eliminated through payment receipts and automatic features like real-time payment notifications for both the tenant and the collector. The funds are 100 percent guaranteed to the payee as soon as the cashier collects them. PayNearMe also helps to increase the likelihood of on-time payments by giving tenants an easy and convenient way to pay rent while running errands at a retail store.
“Today, more and more people want to do their business online. From banking to property management, access is key,” said John Lindsey, HousingManager.com’s CEO. “Adding PayNearMe to HousingManager.com’s Resident Portal EasyPay provides property managers and public housing authorities with an all-in-one, easy-to-use payment solution that enables them to service a variety of tenants who all want flexible payment options.”
To make a cash payment, residents simply visit HousingManager.com’s Resident Portal and select the ‘Pay with Cash’ option. PayNearMe generates a payment code that users can print or send to their phone. They simply bring the payment code to a nearby store, hand the cashier cash as if they are making a purchase, and instantly receive a paper receipt as proof of payment.
HousingManager.com was established in 2013 to provide web-based solutions to streamline processes for property managers of any size. HousingManager.com is a convenient, easy-to-use tool to apply, pay rent and/or request maintenance from any smartphone or computer. HousingManager.com has offices in Arkansas and Tennessee.