RealPage Announces New Prepaid Debit Card Solution
July 13 2021 - 10:43AM
Business Wire
New Solution Promises Savings for Property
Owners while Modernizing Solutions for Residents
RealPage, Inc., a leading global provider of software and data
analytics to the real estate industry, announced today the launch
of a new prepaid Mastercard® debit card solution designed to
modernize the funds distribution systems within the real estate
industry. This first-to-market service will transform the way
properties provide refunds, reimbursements and incentives or
rewards to their residents, while reducing operating costs and
addressing obstacles around cumbersome and expensive paper-based
payments practices.
“RealPage is very pleased to announce this first-to-market
solution that addresses some of the unique business needs of the
real estate industry,” said Nancy Crouch Morlini, Senior Vice
President of Payments for RealPage. “RealPage Prepaid Debit
provides an efficient funds distribution option that can reduce
operating costs and risks, address property manager inefficiencies
and drive digital adoption.”
RealPage developed this prepaid debit solution to create
considerable convenience for properties and residents. Properties
will be able to use this solution to provide virtual debit cards
for final statement refunds. The debit card also puts an end to the
cost of manually cutting checks and provides instant receipts to
residents.
Additionally, property managers will be able to provide
incentives and other rewards directly through the prepaid debit
card. No longer will there be the disruption over lost or stolen
checks, or for residents to wait days for checks to arrive. With
RealPage prepaid debit, funds are received in real time with the
click of a button and are protected with state-of-the-art privacy
and security measures. This eliminates the need for manual checks,
the cost of materials and the bank fees associated with issuing and
managing lost or stolen checks. For more information on RealPage
prepaid debit solutions, please visit RealPage Prepaid Debit.
About RealPage
RealPage provides a technology platform that enables real estate
owners and managers to change how people experience and use rental
space. Clients use the platform to gain transparency in asset
performance, leverage data insights and monetize space to create
incremental yields. Founded in 1998 and headquartered in
Richardson, Texas, RealPage currently serves over 19 million units
worldwide from offices in North America, Europe and Asia. For more
information about RealPage, visit RealPage.com.
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RealPage Communications Steve Calk Media@RealPage.com
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