Professional Services

Best POS Systems for Property Management

Property management companies need payment solutions for rent collection, tenant fees, and sometimes amenity payments. The right system handles recurring rent, late fees, and integrates with property management software.

Common Challenges

Monthly rent collection
Late fee automation
Security deposit handling
Tenant fee collection
Multi-property tracking
Owner disbursements
ACH vs card fee decisions

Must-Have Features

  • Recurring billing
  • ACH payments
  • Late fee automation
  • Tenant accounts
  • Multi-property support
  • Payment reporting

Nice-to-Have Features

  • Property management software integration
  • Tenant portal
  • Owner portal
  • Automated statements
  • Maintenance fee billing

Frequently Asked Questions

Should I use property management software payments or separate processing?

PM software payments (AppFolio, Buildium, Rent Manager) are convenient and integrated but may charge higher fees. For larger portfolios, dedicated ACH services often save money. Compare total costs including integration time.

ACH or credit cards for rent collection?

ACH costs much less (flat fee vs percentage). Most property managers push ACH for rent, allow cards for tenant convenience at higher fee. Some pass card fees to tenants where legal. ACH is standard for larger amounts.

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