Digital Payments Open the Door to Improved Property Management Refunds

Have tenants on the move? Issuing security deposit refunds is a significant expense and administrative pain point for property management companies—especially when paying by check, which can cost as much as $12 each when costs such as printing, postage and labor are included. In Onbe’s Property Management Survey, we found that convenient, cost-effective digital payment methods are the first choice for most renters.