RENT Magazine Q3 '21

MODERN LAUNDRY ROOMS FOR TODAY’ S TENANTS How to use cashless payment for better tenant satisfaction, lower operational cost, and improved reliability.

Tenant laundry is supported by offering vended washers and dryers in a shared or common laundry room. Until recently, this meant the machines were coin operated and needed periodic collection of quarters from the machines. But dealing with quarters can be a hassle for you and your tenants. While credit card systems for laundry machines have been around for decades, they usually cost several

hundred dollars per machine, require a

constant data connection for processing, and come with very high transaction fees. But advancements in technology have made new mobile payment technologies much more affordable; plus, the COVID-19 pandemic has skyrocketed demand for cashless options. For these reasons and more, now is a good time to take a fresh look at how your tenants pay for laundry.

Accepting Mobile Payments Solves These Concerns:


Increased tenant satisfaction (no one likes carrying quarters)


Reduced theft and vandalism


Increased reliability (no more jammed coin slides)


More precise machine usage monitoring

P A G E 4 2 |

Powered by