Partnering with Zego means peace of mind.Īutomate and accelerate the security deposit payout process, while securely allowing residents the flexibility to choose how they want to receive their funds. From rent to application fees, ACH, and credit card transactions, our comprehensive solution offers features for chargeback avoidance, protection and recovery. Our lockbox for rent payments is fully integrated and contactless for staff, converting checks to digital payments before they hit your office.Ĭhargeback Defense helps protect multifamily properties against chargebacks. Give residents the flexibility to pay by check, while automating the end-to-end receivables process. Transactions on the ACH network are categorized as either ACH credit or ACH debit transfers, depending on which way the money moves. Once connected, balance checks with Balance Verification confirm there are sufficient funds in the account to cover each payment transaction, reducing risk of non-sufficient fund returns. Residents use their existing bank login credentials to securely, quickly, and accurately connect their bank accounts to Zego with Account Connect. Shore up safeguards against NSF returns, fraud, and errors with Zego’s suite of Revenue Protection features. Residents can schedule automatic recurring rent payments to cover their entire balance, even if the amount due changes month after month. Multiple bank accounts can be funded through a single resident transaction, simplifying reconciliation. If you need to pay property owners, you can digitally deposit payments into their bank accounts instead of cutting paper checks. The Convenience Fee on applications is 5. With a variety of comprehensive reporting options, our rent collection software lets you quickly find the data you need and uncover meaningful trends. The fee is between 2 3 percent of the PMC’s average rent amount rounded to a whole dollar with a 2.95 minimum. Reduce payment delinquencies and improve cash flow with Rent Cycle Automation, a resident communication platform that customizes and automates rent reminders and/or payment notifications. Our phone support team answers resident questions and even processes payments over the phone. This Fact Sheet explains key attributes of the modern ACH Network. Electronic payment options can be complementary and give payment system users a choice based on their use case. Thanks to our around-the-clock support team, community managers don’t get tied up answering payment questions. Nacha supports users having choices in electronic payments including instant payments (such as FedNow and RTP), credit cards and wire. Our Rental Credit Reporting feature reports every rent payment made through the Zego platform to credit bureaus. ![]() ![]() When paired with Zego Mobile Doorman, residents can also chat with on-site staff, manage work orders, schedule amenities, and more.Īttract and retain responsible residents by enabling residents to build credit for online and on-time rent payments. ![]() With our intuitive and sleek mobile app, residents can pay rent and utilities with three quick taps. Ease the friction associated with paying online from a laptop or desktop computer.
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