ManageAmerica and PayNearMe Partner to Streamline Payments for Manufactured Housing Operators
- Sep 09, 2014
Los Angeles—PayNearMe and ManageAmerica, have partnered to offer a more efficient cash collection method that eliminates the risk of fraud and errors that are rife in traditional cash and money-order processing on-site.
At the same time, the partnership increases the likelihood of on-time payments by giving residents an easy way to pay in cash for rent and other housing costs at their convenience at 17,000 participating 7-Eleven, Family Dollar and ACE Cash Express stores in PayNearMe’s nationwide network. Many of the stores are open 24 hours a day, seven days a week. The funds are guaranteed to the community owners and operators as soon as they are collected by the cashier.
The error-prone, manual method of cash and money-order processing is eliminated through payment receipts and automatic features like real-time payment notifications. This method syncs with ManageAmerica’s system to save community owners and operators from the extra step of manual payment reconciliation. Through this partnership, community owners and operators can take advantage of the efficiencies offered by PayNearMe without any changes to their existing management systems.
To make a cash payment, residents will simply bring their printed or mobile payment code to a nearby, participating store and pay at the register as if they are making a purchase at the store. Community owners and operators instantly receive notification of the payment, and residents receive a paper receipt and/or confirmation on their mobile device. The whole process takes fewer than 60 seconds.