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Property Management Merchant Account

Easily Manage Tenant Payments & Maximize Cash Flow

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

Property managers can reduce their credit card processing costs by taking advantage of Cost-Plus Pricing and the Real Estate Credit Classification. These programs will ensure that your business pays the lowest processing fees on all your processed credit and debit card payments.

Look At Your Credit Card Processing Statement

Do you see ANY of the following terms 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
  • Data Rate 1 or DR1
  • CNP
  • Bill-Back - example: SEP BB195 Transaction Cleared...

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

What Is Cost-Plus Pricing?

The pricing model that we use is called Cost-Plus Pricing, also known as Interchange Plus Pricing. It works by passing through your credit card transactions at their respective interchange rates with only a small markup added.

Interchange rates are the wholesale processing rates set by Visa, MasterCard, and Discover, and they differ according to card type and transaction type. i.e., swiped, key-entered, or online.

Cost-Plus Pricing can reduce your monthly credit card processing fees up to 35% or more, which could save your business thousands of dollars in processing costs annually.

Cost Plus Pricing

The Real Estate Credit Classification

Both MasterCard and Discover offer reduced interchange rates on consumer credit card transactions to property management and real estate companies. These reduced rates apply to swiped, keyed-in, and online payments. See the chart below.

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

Your business must be setup with a property management merchant account and have the correct MCC Code registered with MasterCard and Discover to qualify for these special rates.

We will handle this registration process for you when setting up your merchant account.

American Express OptBlue™

AMEX OptBlue provides your business with the highest level of service and support by consolidating all of your credit card processing under one roof.

We 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.

We will reduce your American Express discount rates by a minimum of .25% — guaranteed!

AMEX OptBlue Highlights:

  • Lower Discount Rates
  • Lower Transaction Fees
  • No Monthly Statement Fee
  • Next Day Funding On Deposits
  • Consolidated Monthly Reporting

Value-Added Benefits That We Offer for Free

Offering You the Keys to Maximum Savings

Contact us today for a no-obligation Free Rate Quote. Send us a copy of your recent credit card processing statement, and we will complete a detailed rate quote showing how much money your business will save in processing fees with a Property Management merchant account. Your rate quote will be completed and sent to you within 24 hours.

Contact us to learn more