Over 5,000 clients opted into the $0 ACH offer within days of release
SANTA BARBARA, Calif., Feb. 5, 2024 — Last month, Yardi® announced the removal of ACH fees for clients based in the United States and Canada, ensuring a truly cost-free electronic channel of payment. The announcement was well-received across the multifamily industry, with over 5,000 clients opting in within days of its availability.
“We take pride in our role as a durable partner to our clients,” said Akshai Rao, president of the residential division at Yardi. “Our focus is to always innovate for our clients’ success. It’s been this way for 40 years, and it will continue to be that way for many more to come.”
Yardi also announced plans to launch a resident rewards program set to be available to U.S. clients in the early second quarter of 2024.
The resident rewards program boasts numerous benefits to clients and residents, including:
- The industry’s most inclusive and extensive rewards program without the need for additional credit card sign-ups
- Favorable redemption rates
- Opportunities to book travel, experiences and redeem at thousands of retailers
- The option to white label rewards, allowing clients to showcase custom branding
- Easy point allocation into residents’ ledgers for renewals, on-time payments and more
Rao added, “This program will benefit millions of residents. We hope this sets a positive precedent in the multifamily industry.”
Yardi clients can reach out to their representative for more information regarding the $0 ACH offer and the resident rewards program.
About Yardi
Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. With over 9,000 employees, Yardi is working with clients globally to drive significant innovation in the real estate industry. For more information on how Yardi is Energized for Tomorrow, visit yardi.com.
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