SUNNYVALE, CA and LOS ANGELES, CA--(Marketwired - Sep 8, 2014) - PayNearMe, the electronic cash transaction network, and ManageAmerica, the manufactured housing industry's leading online property management and accounts receivable system, have partnered to offer a more efficient cash collection method that eliminates the risk of fraud and errors that are rife in traditional cash and money-order processing on-site.
At the same time, the partnership increases the likelihood of on-time payments by giving residents an easy way to pay in cash for rent and other housing costs at their convenience at 17,000 participating 7-Eleven, Family Dollar and ACE Cash Express stores in PayNearMe's nationwide network. Many of the stores are open 24 hours a day, seven days a week. The funds are guaranteed to the community owners and operators as soon as they are collected by the cashier.
The error-prone, manual method of cash and money-order processing is eliminated through payment receipts and automatic features like real-time payment notifications. This method syncs with ManageAmerica's system to save community owners and operators from the extra step of manual payment reconciliation. Through this partnership, community owners and operators can take advantage of the efficiencies offered by PayNearMe without any changes to their existing management systems.
"ManageAmerica's success relies on making our clients' lives easier and more efficient, while cutting down on instances of fraud and other barriers to their success," said Brice London, ManageAmerica's chief operating officer. "Processing money orders and collecting cash has traditionally been very cumbersome for our community owner and operator clients, but now PayNearMe offers the best solution to the problem, with no additional legwork needed for them or their residents."
To make a cash payment, residents will simply bring their printed or mobile payment code to a nearby, participating store and pay at the register as if they are making a purchase at the store. Community owners and operators instantly receive notification of the payment, and residents receive a paper receipt and/or confirmation on their mobile device. The whole process takes less than 60 seconds.
"ManageAmerica serves the largest operators in the manufactured housing space," said Christopher Volgenau, vice president of PayNearMe's real estate and property management business. "While payment collection and processing are just one part of the operating efficiency equation for the industry, there are millions of Americans relying on cash as their primary form of payment for necessities like rent. We are proud to support ManageAmerica's dedication to helping their users overcome the hurdles of accepting cash and addressing the needs of cash-preferring residents."
To learn more about using PayNearMe through ManageAmerica, please visit http://lp.paynearme.com/manufactured-housing.
About PayNearMe
PayNearMe is the electronic cash-transaction network that enables consumers to pay rent and utility bills, repay loans, buy tickets, make online purchases and do much more with cash. Consumers can conveniently make payments on their own schedule and in their own neighborhood in less than a minute at one of over 17,000 trusted locations including 7-Eleven®, Family Dollar® and ACE Cash Express® stores across the United States. For more information, please visit: www.PayNearMe.com.
About ManageAmerica Integrated Billing Services LLC
ManageAmerica Integrated Billing Services LLC, founded in 1999, is a provider of online property management and accounts receivable systems for various real estate asset classes, including manufactured housing, recreational vehicle, apartment, commercial and industrial properties. Using leading-edge technology to deliver complete access to real-time property and portfolio data anytime and anywhere, ManageAmerica's suite of products promotes operational efficiency and enables its clients to more effectively execute their business strategies. For more information, please visit: www.manageamerica.com.
