RentMoola's innovative digital payment platform eliminates the outdated need for checks. Expanded user reward offerings with RM 2.0 means bigger benefits for tenants
VANCOUVER, BC — APRIL 7, 2015 — In a digital world of instant communications, ubiquitous mobility and unlimited cloud storage, doesn't it seem downright archaic that most renters are still paying their single largest monthly expenditure with old fashioned cheques, and earning no rewards for doing so?
RentMoola thinks so.
RentMoola, the leading online global payment network that enables tenants to pay rent with their credit cards while earning rewards, announced today the launch of RM 2.0, bringing with it better perks and more options for tenants.
The launch of RM 2.0 builds on more than two years of startup innovation from the Vancouver-based company, which continues to further enhance its corporate offerings with a growing network of global MoolaPerks partners, a re-imagined web interface, and enticing new investment opportunities through the Investors portal.
RentMoola has partnered with leading property management companies that represent more than 100,000 rental units in Canada and in the United States. With an average of more than 5,000 new subscribers signing up every month, and financial partnerships with every major credit card provider in North America, RentMoola continues to reshape the landscape of rent payment with innovative and time-saving offerings for its users.
In addition to being able to pay their rent more easily, RentMoola members across North America receive access to MoolaPerks, which enables users to take advantage of exclusive offers and discounts from some of the world's most innovative brands.
Moolaperks also offers brands a highly targeted platform to reach valued and often hard to reach millenials (age 25-35 year-old working professionals). The launch of RM 2.0 reveals new MoolaPerks partners, including Contiki, which brings the company's perks partner roster to more than 50 vendors, including Rogers, UBER, Zipcar and Frank & Oak. New MoolaPerks partners are joining every week.
The RM 2.0 launch also brings the addition of cash payments, a service that gives tenants the ability to pay their rent in cash at 17,000 U.S. retail locations through a partnership with PayNearMe. In working with the notable electronic cash transaction network, RentMoola now offers a cash collection method to U.S. property managers and owners that eliminates the risk of fraud and error.
Further breaking industry convention, RentMoola also unveiled an innovative investment platform that enables individuals to invest in the startup itself by using their credit card. The new opportunity allows investors to sign in to the Rentmoola website to invest instantly and if they use their credit card they can earn loyalty points. An investment of $25,000 earns enough points for a free flight on most North American credit card plans. RentMoola is the only company in the world to offer this type of investment reward.
"RentMoola's innovative approach makes typically un-rewarding payments, rewarding, whether that is paying your rent, condo fees or investing in our company", said Patrick Postrehovsky, Co-Founder, RentMoola.
"Since our launch two years ago, we've attracted thousands of subscribers to our service – both residential and commercial tenants, and lots of Moolaperks partners. We're on track to secure 1 million subscribers by 2016, which speaks volumes to the market of people craving a modern way to pay their rent every month."
To help celebrate the launch of RM 2.0, RentMoola has put together a handy video that illustrates the benefits of the service. To learn more about how RentMoola is changing the way tenants pay rent, visit rentmoola.com.
About RentMoola
RentMoola Payment Solutions, one of North America's leading fintech companies, is changing the landscape of paying rent. Solving the age-old problem that paying and collecting rent is a major hassle, RentMoola is a secure online payment network that allows residents to pay rent and make other payments by credit card, debit card, pre-authorized payment, or bank account. Our MoolaPerks™ program provides deals and discounts to travel, lifestyle, home services and other rewards redeemable online.
Contact
RentMoola
Allan Chau
Digital Marketing Manager
press@rentmoola.com
Trusted by North America's best property managers, RentMoola is the simple, efficient, and secure rent collection solution for property managers.
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