MODERN LAUNDRY ROOMS FOR TODAY’S TENANTS How to use cashless payment for better tenant satisfaction, lower operational cost, and improved reliability.
Tenant laundry is supported by offering vended washers and dryers in a shared or common laundry room. Until recently, this meant the machines were coin operated and needed periodic collection of quarters from the machines. But dealing with quarters can be a hassle for you and your tenants. While credit card systems for laundry machines have been around for decades, they usually cost several
hundred dollars per machine, require a
constant data connection for processing, and come with very high transaction fees. But advancements in technology have made new mobile payment technologies much more affordable; plus, the COVID-19 pandemic has skyrocketed demand for cashless options. For these reasons and more, now is a good time to take a fresh look at how your tenants pay for laundry.
Accepting Mobile Payments Solves These Concerns:
1.
Increased tenant satisfaction (no one likes carrying quarters)
2.
Reduced theft and vandalism
3.
Increased reliability (no more jammed coin slides)
4.
More precise machine usage monitoring
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