February 26, 2014

RentMoola inks agreement with Wall2Wall Media to for paperless payments in property rentals

TORONTO--Today RentMoola and Wall2Wall Media announced an agreement enabling Canadian rental properties across the country to accept paperless payments by offering the RentMoola online and mobile payment solution.

Wall2Wall Media, a leading provider of media and online advertising solutions to the Canadian real estate industry, will now offer its rental property website clients the ability to add a RentMoola portal to accept paperless payments online.

"With Rentmoola's payment services, landlords can quickly and easily accept online and mobile payments from anywhere in the world," said Jacky Hill, Vice-President of Wall2Wall Media. "This free service to landlords not only saves our clients time and money, but the early adopters have a significant lead generation advantage when promoting their properties to potential tenants."

RentMoola gives the industry the ability to accept secure credit card and direct debit payments from residence at no cost. A 2.75% service fee is charged to tenants for each payment allowing them to leverage their favourite rewards credit card from over 100 countries. They can also pay with direct debit for just $2. This industry compliant platform allows tenants to make auto-recur and one-time payments while giving them access to RentMoola's exclusive MoolaPerks program offering them additional perks and rewards.

"When looking for a company that had long standing relationships within the industry and a reputation of providing leading edge solutions, Wall2Wall Media was a clear choice for us to align with," said Patrick Postrehovsky, Co-Founder and CEO of RentMoola. "With strong brands such as the Renters Guide and a leadership position in both print and online lead generation solutions, we are excited about our roadmap to expand the RentMoola payment system throughout the Wall2Wall Media network in Canada."

RentMoola is a mobile and online payment network in partnership with Visa, MasterCard, Discover, American Express and RM Direct Debit™ powered by BMO Financial Group. Property managers can accept credit card and direct debit payments at no cost to them while tenants earn rewards faster through the MoolaPerks program. RentMoola also provides powerful cloud financial, transactional and accounting reports ensuring seamless integration into existing accounting systems.



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