PayLease Unveils Mobile Rent Payment Solutions for Residents

SAN DIEGO, CA (PRWEB) December 11, 2014

PayLease, a leading provider of electronic rent payments for the property management industry, today announced the launch of several mobile solutions that will enable residents to pay rent or HOA dues using a smartphone.

Residents of communities who use PayLease can now download a free iPhone or Android app to pay their rent with a mobile device. PayLease has also designed a mobile-optimized website that is compatible for residents to make a payment with any smartphone or tablet.

In addition to paying rent and HOA dues, residents using the mobile app can sign up for email or text reminders, view current and past payments, and set up automatic payments. Residents can also use the app to make changes to their account or add new payment methods. As an added convenience and security verification, users can log into the app with their Google+ or Facebook credentials.

PayLease expects its mobile app to increase the number of online payments property managers receive while reducing delinquencies. In a survey of residents who use PayLease, more than 60% of users said they would regularly use a mobile app and/or text payment reminders.

Weve had an overwhelming demand for from both community managers and residents for mobile payment options, and we are pleased to deliver this amenity, said Ben Truehart, Senior Vice President at PayLease. Giving residents the option to use their smartphone lets them pay anytime, anywhere increasing the likelihood theyll pay electronically instead of taking the time to write and deliver a check. We know this will be particularly beneficial for our property management clients since payments made electronically have a faster funding time than paper checks.

Other reports show that mobile bill payments and purchases have skyrocketed over the past year. A recent survey conducted by Branding Brand also showed that one-third of 2014 Black Friday sales came from mobile devices up 48% from the previous year.

To download the PayLease mobile app, iPhone users can visit the App Store and Android users can visit Google Play.

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