Paymentus Expands Its Reach in Real Estate With Yardi

Top-Rated Electronic Billing and Payment Solution Enables Digital Wallet Payments and Real-Time Reporting Functionality for Property Managers

Paymentus Holdings Inc. (NYSE: PAY), provider of the top-rated SaaS-based billing and payment solution, today announced its designation as a fully qualified Yardi Standard Interface Vendor by Yardi®, the leading provider of software solutions for real estate. Property managers can now access Paymentus’ advanced billing and payment features through the Yardi Voyager platform.

The Paymentus omnichannel SaaS-based solution seamlessly integrates with Voyager to provide advanced bill management, modern payment options, and reporting functionality to augment traditional payment methods. Property managers can automate rent and fee notifications and reminders and residents can make instant payments using more methods and channels than any other platform provides, including PayPal, Venmo and other digital wallets, digitized cash, web, mobile, pay-by-phone and pay-by-text. Real-time payment posting and reporting provide up-to-the minute payment status. A simplified, single reporting view allows users to monitor payment methods and data across multiple properties.

“Payment optionality and functionality drive positive payment behaviors,” said Dushyant Sharma, Founder and CEO of Paymentus. “Across every marketplace in which we operate, including property management, consumers are adopting modern, real-time payment methods faster than any other payment method. With the average household juggling 15 bills every month, offering a simplified and streamlined bill pay experience, with more payment options, is about more than just convenience – it is a business imperative.”

About Paymentus  Paymentus is a leading provider of cloud-based bill payment technology and solutions for more than 1,900 billers and financial institutions across North America. The company was named the industry’s best-in-class provider of EBPP solutions by Aite-Novarica in February 2022. The Paymentus omni-channel platform provides consumers with easy-to-use, flexible, and secure electronic bill payment experiences through their preferred payment channel and type. Paymentus’ proprietary Instant Payment Network®, or IPN, connects IPN partners’ platforms and tens of thousands of billers to Paymentus’ integrated billing, payment, and reconciliation capabilities. For more information, please visit www.paymentus.com.

About Yardi  Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energized for Tomorrow, visit yardi.com.

CATEGORY: COMPANY NEWS

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Media Contact: Tony Labriola [e-mail]

Investor Contact: David Hanover, Senior Vice President KCSA Strategic Communications [e-mail]