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Payment Source and RentMoola Partner to Offer In-Person Cash Rent Payments

    

RentMoola customers will be able to pay their rent by scanning provided QR codes at Canada Post locations across the country

Today, Payment Source, Canada’s premier alternative payment provider, announced its partnership with RentMoola, a Vancouver-based digital platform that allows individuals and businesses to earn rewards while making their rent payments. Through the use of Payment Source’s Loadhub technology, RentMoola customers will be able to make same-day rent payments with cash or debit from any of the country’s 6,000+ Canada Post locations.

“Our mission at Payment Source has many overlaps with that of RentMoola, whose innovative payment solution makes facilitating rent payments easier and more reliable for both property managers and tenants," said Robert Hyde, VP of Payment Services at Payment Source. "Our Loadhub technology will provide RentMoola with an additional payment method that is financially inclusive of all its customers, regardless of their ability to access a credit card or online bank."

RentMoola customers who wish to pay in-person will be able to access a QR code powered by Loadhub. When scanned at Canada Post, these codes enable users to make payments to their accounts using cash or debit. There is no holding period on in-person payments so these funds are instantly received by landlords and property management companies.

Payment Source and RentMoola will be launching their pay-in-person service later this year.

About Payment Source Inc.

Payment Source is the premier alternative payments provider in Canada. Offering white label payment solutions and customized card services to enterprises, digital businesses, and government organizations, Payment Source has an unmatched retail distribution network across Canada. Whether it’s in-person payments, mobile wallets, general purpose reloadable cards, travel prepaid cards, mobile top-ups, or gift cards, Payment Source creates the ideal customized alternative payment program for organizations of all sizes by enabling its partners to reach and service new customers and markets.

About RentMoola

RentMoola, one of North America's leading fintech companies, is changing the landscape of paying rent all over the world. Solving the age-old problem that paying and collecting rent is a major hassle, RentMoola is an online global payment network that allows tenants and owners to pay rent and other payments by credit card, debit card, RM eCheck™ or RM Cash™ while earning rewards. Members have access to the MoolaPerk™ program that provides exclusive deals to travel, lifestyle, home services and other rewards redeemable across North America, UK and Europe.

Press Contact:

Allison Cutler
Director, Marketing & Communications
Payment Source
acutler@paymentsource.ca
416-255-8897

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