March 05, 2013 —RealTimeRental Vacation Rental Software, the leading cloud-based software provider to professional vacation rental managers, announced today a new technology partnership with VacationRentPayment, the leading payment processing provider for the vacation home rental industry.
This strategic partnership provides RealTimeRental customers with a turnkey solution to accept credit cards and eChecks for online vacation rental payments by utilizing VacationRentPayment’s robust payment processing technology. Payments can be processed directly by a reservationist in the RealTimeRental software or online by travelers on a self-service basis.
“We are excited to partner with RealTimeRental,” said Matt Golis, CEO of VacationRentPayment. “By using VacationRentPayment, clients will be able to seamlessly integrate online payments with RealTimeRental’s vacation rental workflow for booking reservations, as well as its industry-leading trust accounting system for tracking payments and other transactions.”RealTimeRental is currently the vacation rental software solution for over 200 of the industry’s premier vacation rental management companies, providing services to over 135,000 vacation rental properties across North America and processing over $600 million dollars per year.
The addition of VacationRentPayment to the RealTimeRental (RTR) service provides multiple benefits:
- Cost Savings: VacationRentPayment will offer RTR customers industry low flat-rate pricing and eCheck acceptance. No more tiers based on the types of credit cards used by travelers, or other hidden costs. The pricing is truly “what you see is what you get”—enabling property managers to budget their expenses with greater confidence and predictability.
- Save Time: The VacationRentPayment/RTR partnership automates the online payment process so clients can focus on more important activities instead of the time-consuming, inefficient process of collecting checks and processing cards through a terminal for rental payments.
- Maximize Bookings: VacationRentPayment’s online payment options make the vacation rental process easier and vastly more competitive with the hotel booking experience travelers are accustomed to, allowing vacation rental managers the ability to quickly and easily process credit cards, debit cards and eChecks online through their RealTimeRental software to book a reservation.
- Payment Security: Secure credit card data with tokenization technology to mitigate your PCI compliancy risk.
“RealTimeRental is continuously striving to provide our customers with the most complete rental management software in the industry to streamline their administrative processes and maximize bookings,” said Sherry Tomasso, Co-Founder of RealTimeRental. “In that vein, we selected VacationRentPayment as our partner for online payments because of its strong reputation for providing the most advanced and secure payment processing technology in the market. We look forward to a great partnership with VacationRentPayment for many years to come.”
About RealTimeRental
RealTimeRental (RTR) is the leading web-based Vacation Rental Property Management System, designed for the professional manager, serving more than 135,000 vacation rental homes and properties in North America. For more information please visit http://www.RealTimeRental.com.
About VacationRentPayment
VacationRentPayment (powered by YapStone Inc), offers the most innovative and integrated online payment solution to the property management industry. Dedicated to providing the best combination of cost savings, simplified accounting, and superior technology, YapStone is the leader in online payment processing solutions for specialized vertical markets. YapStone’s payment service processes billions of dollars annually, with an on-demand platform that offers Web-based and mobile payment processing and seamless integration to its clients’ accounting systems and websites. YapStone has been recognized in Inc 5000 Fastest Growing Private Companies for the past 4 years and was most recently named to Forbes’ List of America’s 100 Most Promising Companies.
