ClickPay Services Announces Partnership With MDS
ClickPay Services, Inc., the leading provider of electronic payment solutions for the multi-housing industry, today announced a unique partnership with MDS, a family owned and operated company that has been providing property management software to the New York City market since 1982.
New York property owners that utilize the MDS Explorer system will now have the option to implement ClickPayRent — a service that allows tenants to make secure payments online and through mobile phones and tablets via e-check, credit and debit card.
“Having focused on the New York market for three decades, MDS has clearly established itself as the market leader in terms of property management software,” ClickPay CEO Steven Van Praagh said. “Through our ability to provide highly customized service offerings, ClickPay is uniquely positioned to provide MDS users with a way to implement an electronic payment option.”
A fully integrated resident management, accounts payable and general ledger system, MDS Explorer is designed for managers of multifamily residential, condominium, cooperative, HOA and commercial properties. Through best-in-class products and personalized service, MDS is known for maintaining a customer retention rate of better than 95 percent.
“Much like ClickPay, MDS is extremely customer-centric and willing to do whatever it takes to meet the needs of clients,” ClickPay President Tom Kiernan said. “With many New York property owners voicing a strong desire to offer an electronic rent payment option, partnering with ClickPay is the most logical and efficient way to meet this demand.”
In addition to being integrated with MDS, the ClickPay platform is specifically designed to handle the complex needs of New York property owners and managers by providing the following:
- A system that can restrict payment access to only those on the lease agreement as way to prevent illegal subletting.
- An easy and instant way to restrict and enable payment access from tenants in the legal eviction process.
- Ability to set minimum payment sizes for properties with a mix of free market and rent subsidized properties.
- Ability to accept payments from roommates on the lease and apply to the ledger correctly.
- Ability to accept payments through online banking web sites.
- English and Spanish speaking customer support, website and tenant marketing materials in order to accommodate the concentration of Spanish speaking tenants.
- Ability to send e-bills as a way to meet tenant-billing requirements.
“The partnership between MDS and ClickPay is a natural fit, as both companies are adept at dealing with the red tape and complexities that come with managing a property in the New York market,” stated Adam Friedberg, director of marketing for MDS. “We look forward to leveraging the ClickPay technology to help our clients offer added convenience and value to their tenants.”
For more information about ClickPay, visit www.clickpay.com. For more information about MDS, visit www.multidataservices.com.
About ClickPay Services, Inc.
ClickPay Services offers fully integrated payment processing services and software to accelerate the financial performance of its customers by reducing operating costs, creating operational efficiencies, and boosting resident satisfaction. With years of collective experience in both the real estate and technology sectors, the ClickPay team has developed a top-grade, secure automated clearing house (ACH) and credit card processing service with a sole focus on real estate payment processing.
As the leading provider of electronic payment solutions for the multi-housing industry, ClickPay Services offers ClickPayRent, which provides property owners and managers with the ability to accept secure online payments from residents by e-check, credit and debit card. The company also offers ClickPayDues, a complete platform for condo associations and managers to collect HOA fees, clubhouse rental, special assignments and other fees, as well as ClickPayPark, a turnkey point of sale platform that enables parking garage owners and operators to process credit, debit and e-check payments from both transient and monthly parking customers.
For more than 25 years, MDS has provided the New York market with best-in-class products and personalized service. The company’s fully integrated resident management, accounts payable and general ledger system comes complete with the market specific features that you could only expect from a company focused on the local market. The company’s New York focus also allows it to respond rapidly to changes in local law and market trends. Whether it’s residential, commercial, condominium or HOA property types, MDS delivers the features and service to ensure that property owners and managers will never again have to shop for another piece of property management software.