Calabasas, CA- Looking to fill an ever-growing need for contactless payments, PayRent, an online rent collection service, is excited to announce an agreement with the American Apartment Owner’s Association (AAOA). The largest landlord association in the country, AAOA boasts over 116,000 members and has a long-standing reputation of providing their landlord members with vital industry information and services.
Amid the COVID-19 outbreak, the need for contactless rent payment methods is at an unprecedented high. As landlords continue to work with their tenants to provide safety and shelter on fair terms, many have turned to online rent collection services.
“Launching our affiliate program with PayRent could not have come at a better time,” states AAOA representative, Alexandra Alvarado. “Our members are searching for new ways to manage their properties safely and conveniently during a pandemic and PayRent’s contactless rent collection means there is one less thing they have to worry about.”
Founded in 2016, PayRent allows landlords to accept credit card payments as well as electronic checks from their tenants. There is no monthly fee for the platform and landlords have the option to pay the processing fees or to pass them on to their tenants.
Payments are sent digitally, using bank-level encryption, from one account to another so there is no need for additional trips to the bank, post office, or mailbox. Funds are typically deposited within 2-4 business days and instant payment receipts for both the landlord and tenant make the funds easy to track.
“I am excited to be working with the nation’s largest landlord association,” PayRent’s CEO, Carlton Van Putten states. “AAOA’s support of our service comes at a time when finding alternatives to checks and money orders is imperative for property owners and managers. We look forward to helping their members collect rent safely and simply.”
To assist AAOA members making the move to online rent collection, PayRent is offering free tenant onboarding as well as a dedicated account manager. PayRent founder, Ryan Abell expressed, “I could not be more thrilled to launch PayRent’s relationship with the American Apartment Owners Association. We are ready and looking forward to providing a world-class rent payment experience for all AAOA members.”