Property Management Merchant Account

Easily Manage Tenant Payments & Maximize Cash Flow

As a property management company, you’re always balancing the demands of your tenants, staff, and vendors. Tailored Transactions understands this delicate balance, and we will help you by simplifying your payment acceptance with smarter, faster and more cost-effective solutions.

Property managers can substantially reduce their credit card processing fees by taking advantage of Cost-Plus Pricing and the Real Estate Credit Classification. These two programs will ensure that your business pays the lowest possible processing rates and fees for your credit card processing.

We will also save your business time by providing more efficient payment solutions that will allow you to quickly accept credit card and check payments in-person, over the phone and online.

Look At Your Credit Card Processing Statement

Do you see ANY of the following downgrades listed on your recent monthly statement?

  • Qualified or Qual
  • Mid-Qualified or MQual
  • Non-Qualified or NQual
  • Standard or STND
  • Electronic or ELEC
  • Level 1
  • EIRF
  • CNP
  • Data Rate 1
  • Bill-Back – example: JAN BB196 Transaction Cleared…

If the answer is YES, this indicates that your merchant account is setup incorrectly, and your business is overpaying for credit card processing.

Cost-Plus Pricing

The pricing method that we use is called Cost-Plus Pricing. It works by passing through all of your credit and debit card transactions at their respective interchange rates, and then a small flat markup is added on top.

The interchange rates are the wholesale processing rates set by Visa, MasterCard and Discover for each type of credit and debit card.

Cost-Plus Pricing can reduce your monthly credit card processing fees by up to 45%. Helping your business to save thousands of dollars in processing fees annually.

Cost Plus Pricing

The Real Estate Credit Classification

MasterCard and Discover provide real estate agents and property managers with special reduced interchange rates on all consumer credit card transactions. These special rates apply to swiped, keyed-in and online payments. See the chart below.

Card Type Rate
Debit 0.05%
Credit 1.10%
Rewards 1.10%
Premium 1.10%
World 1.10%
World Elite 2.20%
High Value 2.20%

Your business must be set up with a property management merchant account and have the correct SIC Code registered with MasterCard and Discover in order to qualify for these special rates. We  handle this registration process for you when setting up your merchant account.

American Express OptBlue™

AMEX OptBlue will provide your business with the highest level of service and support by consolidating all of your credit card processing under one roof. We will directly handle your AMEX billing, funding and customer support in-house, allowing us to become your single point of contact for all credit card processing matters.

Reduce your American Express discount rate by a minimum of .25 basis points — guaranteed!

AMEX OptBlue Highlights:

  • Lower Discount Rates
  • Lower Transaction Fees
  • No Monthly Statement Fee
  • Next Day Funding On Deposits
  • Consolidated Monthly Reporting
  • We Become Your Single Point of Contact

Value-Added Benefits That We Provide for Free

Handing You the Keys to Greater Savings

In 2017, the property management industry was a $65 billion a year industry. Experts project that it will grow to over $70 billion by 2020 (Source: Statista; US Census Bureau). It’s essential that you partner with a merchant services provider that truly understands your industry so that you don’t miss out on any of the coming growth.

Contact us today for a no-obligation Free Rate Quote. All we need from you is one recent credit card processing statement to review and compare. We will send you back a detailed side-by-side rate quote showing your projected monthly savings within 24 hours. Just follow the link below.

Contact us to learn more