| Student Housing is RentPayment's fastest-growing
rental property segment. Working with off-campus housing companies since
2000, RentPayment has established a leadership position in this arena.
RentPayment understands the unique needs of this segment of the rental
market. Historically, RentPayment usage at student housing properties
has been much higher in comparison to traditional apartments, as parents
appreciate the peace of mind that credit card payment provides, and students
love the convenience! Most colleges and universities already accept
credit cards for tuition and fees. RentPayment provides the credit card
solution for housing, both on-campus and third-party managed properties.
Student Housing Companies benefit from RentPayment through:
- Allowing direct payment by the parent or student
- Offering students and parents the ability to pay by phone or on-line
ensures that properties collect more rent on-time
- Ability to promote RentPayment for security deposits in communication
with incoming students/parents
- Credit card processing with the option of no transaction expense
to the property
- Scheduling start and end dates for AutoPay when students occupy
a residence for a fixed period, meaning no further involvement is
required to collect rent
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