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Property managers and home owner associations are extremely valuable clients to financial institutions. Their monthly payments and reserve accounts create large, reoccurring deposits and increase the financial institution’s assets and overall profitability. Also, their requirement for industry specific services such as coupons and lockbox creates an opportunity to generate additional fee income.
Revo Property Pay’s online epayment software is specifically designed for the financial institution industry. Our proprietary software allows our banking partners to turn on and create accounts as they like, offering Revo’s software as an extension of their online banking package for their property management clients. Through our Software as a Bank Service licensing program, financial institutions also have the ability to create their own fee structure attracting and retaining property managers or generating revenue.
As payments evolve from paper payments to epayments, Revo’s online payment software is becoming a main focal point in the arsenal of services offered to property management clients, similar to lockbox services. Our software streamlines collections, increasing cash flow to both the financial institution and the property managers, offers homeowners an easy and convenient way to make payments, and reduces back office operations and costs. Financial institutions that recognize this emerging market in the property management industry can position themselves to gain market share.
By utilizing Revo as your partner for online e-payment property management software, you take advantage of Revo’s 10 years of experience developing industry specific online epayment solutions for financial institutions. You also are able to immediately offer your property management clients a solution without going through the risk and cost of developing your own. With our Software as a Bank Service licensing program Revo can white label the software and even position it as middleware giving your customers the impression that the service is a proprietary solution that the financial institution developed.
We would love to have the opportunity to learn more about your financial institutions and explore the opportunities to work together. Please contact our VP of business development Kurt Stange at 305.252.8297 ext 125 or at kstange@revopayments.com.
 
   
 
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