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Property Management Toolbox Tenant Issues

The Benefits of Accepting Credit Cards!

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Published Date: 2011-07-06

Corporate Housing by Owner (CHBO), has partnered with integrated payments leader, Payment Processing, Inc. (PPI). The partnership allows property owners to accept credit card and eCheck payments from renters/tenants. Owners can utilize several convenient web tools to simplify payment acceptance and management – the PayMover BusinessView reporting and transaction management portal, PayMover Virtual Terminal and PayMover eInvoice. Why Accept Credit Cards? * Increased bookings – Companies prefer to pay with their business credit cards so make it easy for them to book with you. Once you are able to accept credit cards, you can activate the credit card icon and let potential tenants know. * Confirm bookings instantly – Process a rental deposit over the phone without waiting for deposit checks in the mail. * Improve your cash flow – Funds are deposited into your bank account within 2-3 business days. * Save time – Quick credit card processing means fewer trips to the bank. * Enhance your image – Accepting credit cards legitimizes your rental property business so companies feel secure in booking with you. Corporate housing property owners can enroll to accept cards through the website.


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