Simplified Payment Solution
Actlien is a premier property management company based in New York City. They excel in managing real estate properties for owners, ensuring smooth operations and optimal returns on investments. Their comprehensive suite of services includes marketing properties to potential tenants, conducting exhaustive background and credit checks, negotiating leases, addressing tenant complaints and concerns, and managing property maintenance and repairs.
Despite their robust service offerings, Actlien faced a major hurdle: the high charges associated with online rent payment gateways. The elevated costs were causing financial strain on both the company and tenants, undermining Actlien's profitability, tenant satisfaction, and overall convenience.
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The high transaction fees from online rent payments were a persistent issue for Actlien. These fees were cutting into the company's revenue and posing as a deterrent for tenants to use the digital payment method. Actlien needed an innovative solution to drastically reduce or eliminate these excessive charges to improve their bottom line and enhance tenant satisfaction.
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To tackle Actlien's challenge, Fintegration devised a comprehensive payment solution that enhanced tenant flexibility and minimized transaction costs. We utilized our expertise in fintech and deep understanding of the property management industry to develop a seamless and cost-effective online payment gateway. Our solution expanded the payment options for tenants, offering them the freedom to choose the method that best suited their needs.
The Challenge
The Fintegration Solution
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Fintegration's custom-developed solution provided Actlien with a robust, flexible, and cost-effective online payment platform. It eliminated the pain points related to high transaction fees, thereby improving Actlien's profitability, enhancing tenant satisfaction, and adding significant value to their service offering.
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The Result
Tools & Technologies
Integration
Plaid, ACHQ, Stripe
Web Development
HTML, Reflux, CSS, Javascript
Backend
NodeJS