|Description||Electronic Payments for Properties|
PayRentChex.com operates as an electronic payments processor for rent payments in apartments, student housing, homeowner associations, and various property-related markets in the United States. It offers a Web based platform that enables properties to accept and process rent payments via credit/debit cards and electronic checks, as well as convert paper checks to electronic payments via the Federal Reserve’s Automated Clearing House (“ACH”). Their unique convenience fee model allows residents to pay their rent online while managers avoid transaction fees. PayRentChex.com also provides custom resident portals, accounting integration, software and website development.