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Paymentus Partners With PropTech Leader MRI Software to Streamline Rental Property Utility Payments

Paymentus Partners With PropTech Leader MRI Software to Streamline Rental Property Utility Payments

Leading Electronic Billing Platform Provider Gives Tenants More Ways to Pay Monthly Utility Bills, Reduces Hassles for Multifamily Property Managers and Landlords

Paymentus Holdings Inc. today announced a new integration with MRI Software, a leading provider of real estate software solutions, to expand the utility billing and payment capabilities available to MRI clients. The partnership enables renters to receive, manage, and pay bills from national, regional, and local utility providers currently connected to the Paymentus Instant Payment Network®, or IPN, and features a host of expanded payment options. The Paymentus integration with MRI Property Management X is available for clients using the MRI LivingTM suite of residential property management tools.

In the recent Voice of the Resident Report commissioned by MRI, most respondents – which included more than 2,000 U.S. renters across a mix of locations and rental categories – preferred more digital payment options to pay their bills. Paymentus supports more payment methods and payment channels than any other billing and payment platform, including online, mobile, IVR, text, kiosk, point of sale, and agent-assisted payments, as well as popular and flexible payment options such as Venmo, PayPal, Apple Pay, credit, debit, ACH, digitized cash, crypto, and more, to drive consumer action, adoption, and satisfaction.

“Today’s renters value the flexibility that comes with digital payment options”

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“We understand consumer bill-pay dynamics better than any other payments solution provider,” said Dushyant Sharma, Founder and CEO of Paymentus. “When we expand payment optionality and remove friction from the process, bills get paid on-time and in-full. For property managers, our integration with MRI Property Management X will connect tenants directly to their utility providers meaning fewer payments for multifamily property managers to manage and fewer delinquencies and service shut-offs to deal with.”

“Today’s renters value the flexibility that comes with digital payment options,” said Sean Slack, Vice President of Partner Connect at MRI Software. “As an MRI partner, Paymentus will enable our clients to exceed expectations for multifamily, affordable and student housing renters by offering more ways to pay for utility services, resulting in a more satisfied, engaged community.”

Paymentus will attend MRI Ascend North America, in Chicago, IL October 24-27, 2023.

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