November 13, 2020

Infographic: The History of the Paper Check

Throughout history, the way commerce has been conducted and payments have been made has seen a slow evolution with brief bursts of advancement. The check, the oldest form of non-physical currency is likely seeing its last days of use. Here is a brief History of the Paper Check.

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September 17, 2020

15 Questions Property Management Execs Should Be Asking Payment Providers

The right partner can offer convenient online payment options to residents while keeping costs down and minimizing risk for property owners and managers. Here’s a checklist to make sure you get the most value from your current payment provider. 

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July 23, 2020

Mitigating Credit Card Chargeback Risk During the Pandemic

COVID-19 has forced a rapid shift to the adoption of online payment technology, triggering a massive disruption in traditional resident payment behavior in its wake. An analysis of payment activity across Domuso’s portfolio of multifamily properties at the beginning of the April rent cycle showed a marked preference to limit in-person exchanges in favor of safer, contact-less ways to pay.

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June 25, 2020

Keep Rent Payments Coming In On Time

After a stressful April and a cautious May there are reasons for property managers to be optimistic about residents continuing to pay rent this summer, a traditionally busy time of year for leasing, amid the pandemic and rising unemployment.

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May 20, 2020

The New Face of Fraud During a Pandemic – What Property Managers Need to Know

Fraudulent applications have always been a concern for property owners and managers. Fraud is taxing for properties to resolve and can directly impact their bottom line. The COVID-19 pandemic has all but compounded the risk for owners to now include fraudulent payments from current residents.

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April 22, 2020

INFOGRAPHIC: COVID-19 Impact on April Resident Rent Payments

Domuso evaluated its portfolio of national multifamily properties to uncover rent payment trends at the start of the April payment cycle as compared to March. Resident payment activity was analyzed during the first 15 days of April as residents and property owners were forced to adopt contactless payment processes.

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April 17, 2020

What the April Rent Cycle Revealed & How Multifamily Operators Can Prepare for May

The COVID-19 pandemic has been difficult on property management operations and resident relations, but its true economic impact may not be known for months. 

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March 10, 2020

What is Automated Payment Logic and Why You Should Care

Payment processes can be a hassle for property operators of all sizes. But what happens when resident payments arrive late or are only partially paid? How does this affect the property management’s ledger reconciliation? 

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February 11, 2020

Chargebacks can cost you, but canceling credit card payments is not the solution.

Recently, a multifamily regional manager of a property in northern California reported to Domuso that they were faced with a loss of $15,000 in credit card chargebacks in a single month - from two residents alone. 

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January 29, 2020

Digital Money Orders are Possible. Here’s What You Can Now Do with MoneyGram.

Moving in, moving out, rent deposits, pet deposits - the list goes on and on when it comes to payments that have to be made via money order or cashier’s check.

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