A YapStone Subsidiary
RentPayment is a payment processing platform designed specifically for collecting rent on properties and housing. Launched in 1999, RentPayment is a subsidiary of YapStone Inc. that enables tenants to pay rent to landlords and property owners via credit card, debit card, e-check, phone, or text message. There is some evidence that YapStone (and, by extension, RentPayment) is an ISO of Chase Merchant Services. YapStone also offers other services that are similar to RentPayment, such as Vacation RentPayment, Storage RentPayment, DuesPayment, and InnPayment.
RentPayment Location and Ownership
The company operates at Yapstone’s headquarters of 2121 N California Blvd. Suite 400, Walnut Creek, California 94596 and is a registered ISO/MSP of Wells Fargo Bank NA in Walnut Creek, California. Matt Golis is listed as the CEO of RentPayment. In September of 2020 RentPayment was acquired by MRI Software, a real estate software development company. It appears Yapstone will still power RentPayments payment processing.
RentPayment Review Table of Contents
- Costs & Contract: RentPayment appears to offer a month-to-month contract through YapStone that may or may not include an early termination fee.
- Complaints & Service: RentPayment has received more than 40 public complaints.
- BBB Rating: RentPayment (as Vacation Rent Payment) has an “A+” rating with the Better Business Bureau and has received 30 complaints and 5 reviews in the past 3 years.
- Sales & Marketing: RentPayment does not appear to hire independent sales representatives and has not received any complaints about its sales practices.