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Bridging the payment divide.


PropertyBridge, a leading provider of automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
 payment processing services in multifamily housing, added a new payment type to its family of electronic payment solutions. Residents can now send cash payments for their rent at more than 48,000 participating Western Union Agent locations across the country, with funds electronically deposited into the management company's account and integrated with their accounting system. The PropertyBridge Payments Platform also includes credit/debit cards, ACH (Automated Clearing House) A system of the U.S. Federal Reserve Bank that provides electronic funds transfer (EFT) between banks. It is used for all kinds of fund transfer transactions, including direct deposit of paychecks and monthly debits for routine payments to , check scanning scanning /scan·ning/ (skan´ing)
1. the act of examining by passing over an area or organ with a sensing device.

2. scanning speech.
, online bank bill payment and lockbox Lockbox

A collection and processing service provided to firms by banks, which collect payments from a dedicated postal box to which the firm directs its customers to send payment to.
.

[ILLUSTRATION OMITTED]
COPYRIGHT 2007 National Apartment Association
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:what's new: PROPERTY MANAGEMENT SOFTWARE
Publication:Units
Date:May 1, 2007
Words:81
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