NWP's Resident ePay Clients Gain New Efficiencies Through Integration With VaultWare(TM) Online Leasing Application
November 11 2010 - 7:55AM
Marketwired
NWP Services Corporation (NWP), a leading provider of financial
transaction processing solutions for the multifamily housing
industry, today announced that it has established a payments
interface with the premier online leasing solution, VaultWare™. The
integration allows NWP's Resident ePay to electronically process
payments for security deposits and rental application fees within
the VaultWare online rental application.
Through the new integration, prospective renters using
VaultWare's online reservation system can pay security deposits
online (once pre-qualified) by check or using a credit or debit
card* (*must have a MasterCard® or Visa® logo). The new feature
improves the rate at which prospective renters are converted to
residents; the process of qualifying for an apartment and paying
the necessary fees can now be completed remotely or in-person with
payments electronically deposited into the community's bank
account. The result is a greater convenience and productivity for
community managers and a seamless transaction for their prospective
renters.
"We are thrilled that Realty DataTrust has entrusted us as a
payments provider," said Michael Radice, president and CEO for NWP
Services Corporation. "Our business is built on a foundation of
enabling technologies that meets the multifamily housing industry's
growing need for access to real time processing. Offering an
electronic payment option will help community managers boost
conversion rates, improve funds availability, increase operational
efficiencies and centralize settlement collection," added
Radice.
The integration also provides Resident ePay customers with the
ability to collect application fees online via VaultWare's fully
customizable online rental application.
Resident ePay is NWP's award winning payment processing service
that turns resident payments into electronic transactions.
VaultWare™ offers online marketing and leasing solutions, including
its flagship product, the award winning VaultWare™ Apartment
Reservation System that facilitates online leasing by letting
property owners and managers publish current apartment unit
availability and rates, and receive apartment-specific reservation
requests from rental prospects. It also allows those prospects to
pre-qualify and complete a rental application and pay application
fees for the apartment of their choice from the convenience of
their own computer.
To learn more about the savings and results enjoyed by Resident
ePay clients please contact NWP by calling 800.323.3178 or email
multifamily@nwpsc.com.
About NWP Services Corporation:
Headquartered in Irvine, California, NWP Services Corporation (NWP)
provides financial transaction processing services for the
multifamily industry including resident billing, resident payment
and utility management. Resident billing helps owners recover
utility expenses with options including convergent billing with
Resident OneBill. NWP's Resident ePay service allows residents to
pay rent and other charges online or in person with funds
transferred to the bank electronically. NWP's utility management
product, UtilitySmart, helps owners and operators optimize utility
spend, increasing in Funds from Operations (FFO), Net Operating
Income (NOI) and the asset value of multifamily properties.
Additional information is available at www.nwpsc.com.
Contact for NWP Services Corporation: David Collins
949-253-2589 Email Contact