Automate processes for bigger rewards.
Manage rental payments and reconciliation
When developing solutions for the property sector, a driving factor is growing revenue rather than chasing rent payments and arrears. Automation that simplifies financial processes, saves time and improves cash flow is a top priority. Find out how your property platform can benefit from Moonova’s all-in-one payments platform:
- Automated rental payment transactions including split payouts and refunds
- Improved cash flow with real-time processing
- Custom reconciliation rules for rental collections
- Flexible payment options for renters, including PayTo
- Automated notifications and payment reconciliation
- A single-point solution that integrates with existing systems
- Reduced dishonours with PayTo
Accept more payment rails.
All your payment types under one roof
Building your own payment gateway means integrating with multiple suppliers for each payment type. Monoova brings them all together, including cards, BPAY, Direct Debit, and even the new NPP payment rails.
Offer more payment options in your technology platform for greater end-user payment experiences.
The best part? All payments, in and out, transacted through Monoova are automatically reconciled as they happen, saving your finance team days to weeks of work every month.
With streamlined reconciliation workflows and notifications, mispayments are caught immediately instead of weeks later.
Complex split payouts to multiple vendors, property owners, and other suppliers are easily sent and reconciled with Monoova.
Improved cash flow and better customer experience
Benefits for your customers
- Automated reconciliation and real-time notifications that allow you to spot payment errors instantly
- Custom reconciliation rules to automate mispayment corrections
- Manage payouts for landlords and vendors, and return of funds
Benefits for end users
- Greater control over payment preferences
- Avoidance of overdraft fees in the event of insufficient funds when PayTo is used
Use custom rules for payments and fees.
Pay vendors and landlords on their terms
With the Monoova API, money moves smarter and faster.
The system is purpose built to handle varied and complex transactions that are common in the property management sector. One plumber may have seven-day terms while another wants a monthly settlement. It's easy to accommodate these preferences with a combination of manual payments and custom rules to manage regular disbursements.
Similarly, recurring bills, service charges and variable fees can be set to be automatically deducted before payments are passed on to landlords.
Get ready for the end of BECS.
Stay ahead of technology changes
The retirement of the Bulk Electronic Clearing System (BECS) is scheduled for 2030. Prepare yourself and your customers by offering the new NPP rails ahead of time.
Monoova is the most experienced PayTo provider in Australia. As well as being more secure and convenient for renters, PayTo helps improve your cash flow, thanks to real-time payment processing.
Christiaan Lok
CTO
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Process all types of rental payments
*Fixed costs may be applicable additionally
Keep landlords and tenants happy.
Improve the rental experience
Happy tenants mean happy landlords. Improve renters’ customer experience by offering more payment choices and satisfy landlords with instant payouts. When rental payments are scheduled via PayTo, the system checks the payer’s bank account for sufficient funds before the deduction, rather than after it is attempted.
And for your business, PayTo offers instant settlement 24/7 and low transaction fees.
Look forward to improved productivity.
Get started with effortless rental payments and payouts
Take the first step towards a better experience for your property management finance team with simplified and automated processes through an all-in-one payments platform.
Look forward to improved cash flow thanks to real-time rental collection notifications and automatic reconciliation. Get back to building the business instead of spending time on admin.
More ways to make money move™
PayTo
Real-time, data-rich payments on NPP rails.
PayTo
Real-time, data-rich payments on NPP rails.
Direct debit
Recurring and subscription pull payments.
Monoova is your partner to make money move™
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*Disclaimer: To the extent that the information contained above is sourced from third parties or provides link to third party websites, Monoova takes no responsibility for the accuracy, currency, reliability and correctness of any information included in the material provided by third parties nor for the accuracy, currency, reliability and correctness of links or references to information sources (including internet sites) operated by third parties. You may read our PDS/FSG for more information.