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New Zego data finds credit card usage for rent payments up 30% in April

Pioneer in digital rent payments analyzes April rent in wake of COVID-19 San Diego, CA April 8 at 12pm ET, 2020 Today, Zego (Powered by PayLease), the property technology company that powers better resident engagement & efficiency for multifamily and HOA communities, is releasing a new report that analyzes the State of Rental Payments in…

New Zego data finds credit card usage for rent payments up 30% in April

Today, Zego (Powered by PayLease), the property technology company that powers better resident engagement & efficiency for multifamily and HOA communities, is releasing a new report that analyzes the State of Rental Payments in the wake of the Covid-19 pandemic – including digital rent usage and changes to how rent payment trends have changed in…

6 tech-based "shelter-in-place" resident engagement strategies

As stressful and chaotic as these past few weeks have been, imagine them without technology. Yikes. Technology (especially communication-based) has become the crutch, the lifeline for almost every human interaction during this crisis. Newscasters are able to report from their home offices, co-workers can conduct virtual meetings, friends can stay social with video calls, the…

100% digital rent payment adoption

What’s in it for property managers? With the digital transformation of the property management industry, resident payment portals have become a common offering in multifamily communities. However, these same communities continue to accept paper-based payments as well (such as checks and money orders), resulting in lackluster digital payment adoption rates of 30%. But the digital…

Digital Rent Payment Pricing Models Explained

Given the choice, how would your residents prefer to pay rent? According to NMHC, 93% of today’s renters want to pay their rent online (via an app, credit card, debit card, etc). That means you have the opportunity to create a digital rent collection strategy that saves your staff time, streamlines your AR, and boosts resident satisfaction. The…

Slideshare: How to reach 100% digital payment adoption

At Zego, we eat, sleep and breathe digital payments. So imagine our surprise to learn that 70 % of resident payments are still collected and processed manually. To right this wrong, we embarked on a research mission. We spoke to our clients, industry experts, and our own Zego Client Success Advocates to compile all the…

Working From Home 101

Working from home has been a way of life for me for the majority of my 14-year professional career. However, I realize it’s not something many people are accustomed to. In fact, I can’t even begin to number the amount of memes and posts I’ve seen that describe (playfully or otherwise) the struggle they’ve had…

How to collect rent digitally in the midst of social distancing

Just like us here at Zego, we know you are trying to navigate this stressful pandemic crisis as best you can. As a property technology company, we can’t offer any advice on how to pacify toilet paper panic, or tell you what ideally-lengthed tune to hum as you wash your hands. We’ll leave all official…

Supporting our community through the coronavirus pandemic

To Our Zego Community: As we are all navigating the uncharted waters with coronavirus (COVID-19), we want you to feel confident that we at Zego are ready and prepared to support you through these challenging times. The health and well-being of our employees, customers, partners, and communities is our top priority. We have taken the…

The 5 reasons you can’t afford to accept paper-based payments anymore

Eliminate checks and money orders once and for all. A belated welcome to the digital age Over the past few decades, the evolution of e-commerce has transformed operations across industries. We’ve witnessed the complete shift from paper invoices fulfilled by hand-written checks, to an entirely digitized payment process. For instance, your barista might ask if…