Miami, Florida, May 7th, 2024, DoorLoop, the highest-rated property management software online used by hundreds of thousands of real estate professionals, announces the launch of its new payment feature, DoorLoop CashPayments, powered by Western Union. This service enables users to collect, track, and run reports for cash rent payments, streamlining the rent collection process for tenants and property managers alike. 

DoorLoop's collaboration with Western Union, a renowned financial institution that facilitates the process of securely sending and receiving money, enables tenants to submit their rent payments at tens of thousands of locations in the USA and Canada.

In addition to being convenient and easily accessible for tenants, this partnership also offers property managers and owners a secure and efficient way to receive and track cash rental payments.

DoorLoop's commitment to innovation and growth was at the forefront of this launch. "Our goal is to make it easy for tenants to pay their rent in the most convenient way possible while offering property managers a hassle-free, secure, and automated payment solution," said Adam Mait, CRO and co-founder at DoorLoop. "With DoorLoop CashPayments, we're proud to offer easy payment options to a broader audience, ensuring everyone can access easy and secure rental payments."

To use DoorLoop CashPayments, the process is straightforward: a tenant visits a Western Union location that offers Quick Collect, provides their unique account number, the payment amount, and the reference number (where applicable). The payment approval is immediate, and funds are subsequently routed to the property owner's bank account, in accordance with their rent collection preferences on DoorLoop.

For more information about DoorLoop CashPayments, schedule a free demo!

Ilia is a Content Creator and Copywriter at DoorLoop with a background in Real Estate and Law. She graduated Magna Cum Laude from Florida International University with Bachelor's Degree in Political Science and International Relations.