Property Management Merchant Accounts
MasterCard Offers A Special 1.1% Processing Rate On All Rent & Lease Credit Card Payments!
Attention Property Management Professionals: Start taking advantage of MasterCard's New Real Estate Credit Classification and begin reducing your credit card processing fees by up to 50% each month.
As a real estate professional in today's struggling housing market, you find yourself trying to formulate new strategies in order to stay ahead and thrive. More than ever the old adage of "every dollar counts" rings truer and truer.
Back in the Spring of 2008, MasterCard created a special interchange category for the Property Management industry called the Real Estate Credit Classification. This new program offers property managerment companies a special low processing rate of only 1.1%, on all consumer debit and credit card transactions for both short-term and long-term rent and lease payments. This new low rate also applies to all application or security credit card payments.
Highlights & Benefits
- Special 1.1% Rate On MC Consumer Cards
- No Account Setup Fees & No Startup Fees
- 24 Hour Next Day Funding
- Cost-Plus Pricing On All Transactions
- Free Credit Card Terminals Available
- Free Authorize.net Setup ($99.00 Value)
- Multiple Recurring Billing Options
- Free Live 24/7/365 Merchant Support
- Low Cost Check & ACH Processing Solutions
- Easy-to-Read Monthly Billing Statements
- No Cancelation Fees!
- Personal Account Manager Assigned
MC Real Estate Credit
Tailored Transactions will both qualify and setup your company's merchant account under MasterCard's Real Estate Credit Classification. We achieve this by setting your business up under the proper MCC code during the application approval process. We will also register your company with MasterCard and ensure your merchant account meets all of their specific guidlines for this program. This is the only way your company can become eligible and receive this exclusive rate.
The unfortunate reality is that a majority of your industry is unaware that this program even exists. Resulting in many property managment companies severely overpaying in their processing fees each year. Let us help you to immediately correct this problem and begin to put that money back into your pockets where it rightfully belongs.
Cost-Plus Pricing
Cost-Plus Pricing works by processing each credit card payment you accept at it's respective interchange rate with only a small flat fee added on top. Interchange is the preset base rate by Visa, MasterCard and Discover for each card and transaction type. There are currently over 205+ interchange rates between the three card issuers.
This pricing method is especially effective for businesses who key-in their transactions and who accept rewards, commercial and government credit cards. This is the pricing method preferred by most all Fortune 500 companies due to its complete transparency and cost-effectiveness.
When you combine Cost-Plus Pricing with the Real Estate Credit Classification you are guaranteed the absolute lowest processing fees possible.
Convenience Fees
The Property Management industry is only one of a select few industry's that is allowed by Visa and MasterCard to charge a convenience fee on credit card transactions. By properly setting up and charging this fee, you can offset roughly 80-85% of your overall monthly processing costs, tremendously reducing your out-of-pocket expense.
There are some specific guidelines that you must adhere to in order to stay in compliance. We will work with your company to help properly setup this convenience fee, and ensure that it is set for the right dollar amount to offset as much of your processing costs as possible each month.
Payment Gateways
- Authorize.net (Free Setup - $99.00 Value)
- Revolution Payment Gateway (All-In-One)
- eProcessing Network
- IC Verify
- Skipjack (Exclusive QuickBooks Plug-in)
- PC Charge
- Virtual Merchant
If there is a payment gateway not listed that you would prefer to use, please let us know. We can accommodate most any request.
We Can Offer You The Keys To Savings!
Tailored Transactions will provide your company with the processing tools you need to handle all of your recurring billing and payment processing requirements. We offer multiple choices of virtual terminals and payment gateways which can be used directly through your website, or on a computer there within your office. They are user friendly, secure and quick and easy to set-up. With just a single click of your mouse, you will have access to detailed daily reporting, recurring billing options, quick answers to accounting inquires, and overall total control of your merchant account in real-time.
If you are currently using or prefer a countertop terminal, you will have two options. The first is that we can reprogram your current terminal free of charge. If you either don't have a terminal, or need a new one, we can supply you a Free High Speed Terminal to use while you are with our service. Our two free terminal packages are listed above.
Additionally, we also offer multiple low cost Check Processing Solutions including; Electronic Check Conversion, Check Guarantee, Remote Deposit Capture (BOC) and ACH Processing. Some of our Virtual Terminal / Payment Gateway options allow you to process credit cards, checks and ACH payments all through a single interface. If this is something that would interest you, please ask us about our All Inclusive Payment Solutions when you contact us. No matter what your need, we will have a solution to meet it.
CLICK HERE to Contact Us for a Free Rate Quote!
