Why Property Management is Considered High Risk?
Property management is seen as high-risk due to the amount of chargebacks and fraudulent claims that are associated with the industry. Since you’ll be working with several different tenants and individuals, many banks see that as risky too, since you could go without stable payments in the event of economic disruption. Because of these factors, finding the right online payment processor is important to do effective business with your customers.
We at AllayPay go out of our way to ensure hard to place property management merchants obtain credit card processing and other merchant services they need to be successful.
For over 5 years, AllayPay has been one of the top providers of merchant accounts for property managers. It doesn’t just stop at the approval process. AllayPay will ensure you have access to the latest software solutions and tools to help grow faster in this multi-billion dollar industry. This includes providing gateways that will automatically load balance your volume should you choose to have multiple processing accounts. We also have cash discount and surcharging options available for merchants looking to save thousands each year over their existing merchant provider. What are you waiting for? Contact us today!