RENT Magazine Q3 '21

securely make payment using their own trusted phone. Compared to other technologies, costs for mobile payment acceptance start at $20 per machine with per transaction fees of about half the average for credit cards. Plus, there are no monthly fees and no requirement to connect the hardware to the internet – the tenant’s smartphone provides the data connect when they make payment. And for those properties where tenants may not have a smartphone, the coin acceptors on your washers and dryers will still work alongside mobile payments. Once tenants experience the efficiency of conducting transactions on their phone, they actually do more laundry than with coin-only machines. Conventional thinking has been that people only have so much laundry to do, but the way they do it changes when there is no payment barrier. Tenants are no longer bound to the amount of coins in their pocket. No more mixing whites and colors or cramming machines full of clothes just

condition is not the amount of clothes people wear but rather the number of coins they have. It’s about offering more convenience, and in turn your revenues along with your tenant’s satisfaction will increase.

Steve White SMB Sales Manager PayRange (855) 856-6398 ext. 2 sales@payrange.com

FEW TH I NGS ARE MORE FRUSTRATI NG THAN BE I NG A COUPLE QUARTERS SHORT TO START A DRYER . . . BE I NG

LEFT WITH A LOAD OF WET CLOTHES .

because they’re out of quarters. The limiting

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