September 2, 2020
Solon-based MRI Software will acquire Priority Technology Holdings’ Rent Payment business, including RentPayment.com, StorageRentPayment.com and DuesPayment.com. Priority will provide ongoing payment infrastructure as a service and processing to the new platform at MRI.
“The convenience and continuity of accepting multiple payment options has never been more essential to the residential real estate sector than in the current global health environment,” said MRI CEO Patrick Ghilani. “With this acquisition and partnership with Priority, MRI significantly expands our existing payments solution and scale and further improves both the resident and property manager experience provided by our platform.
“Additionally, we will now expedite the availability of our online payments solution to include both residential and commercial client offerings in all regions we serve, including Europe, Africa and Asia Pacific,” he added.
Founded in 1999, the RentPayment platform serves some 2,900 clients across the U.S. multifamily, single-family, storage and HOA markets.
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