RentPayment by MRI Software

Payment Processing
★★★★☆★
(89 reviews)

Overview

RentPayment (founded 1999, acquired by MRI Software in 2020) is a real estate payment platform with a dedicated self-storage product called StorageRentPayment. The platform supports ACH/eCheck, credit and debit cards, recurring autopay, and PCI DSS Level 1 certification. A key differentiator is detailed transaction descriptors that reduce tenant confusion and disputed transactions (chargebacks). RentPayment reports adoption rates of up to 90% for online payment when properly implemented. The platform integrates natively with Yardi Voyager, Yardi Breeze, RealPage, and MRI Software property management systems, making it the natural choice for storage operators already using those platforms.

Key Features

StorageRentPayment dedicated product lineACH/eCheck processingCredit/debit card processingRecurring autopay billingDetailed transaction descriptors (reduces chargebacks)PCI DSS Level 1 certifiedUp to 90% online payment adoptionMulti-channel (web and mobile app)Yardi Voyager integrationYardi Breeze integrationRealPage integrationMRI Software integration

Pros & Cons

Pros

  • Dedicated self-storage product line (StorageRentPayment)
  • Strong Yardi and MRI integration for operators on those platforms
  • Detailed descriptors reduce chargeback rates
  • Long track record since 1999

Cons

  • Best value only if already using Yardi or MRI platform
  • Not the top choice for SiteLink/storEDGE operators
  • Owned by MRI Software — less independent positioning

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Company Info

Founded1999
Service Areanational
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