Neighborhood Pay Services, LLC (NPS), innovators in Rent Assurance for the $300 billion Multifamily Housing industry, today announced an agreement with The Western Union Company (NYSE:WU), a leader in global payment services, to offer Western Union® Prepaid MasterCard® products to renters across the United States.
Starting in the second quarter of 2012, NPS will offer the Western Union® MoneyWise™ Prepaid MasterCard® through the NPS Rent Assurance™ payment platform, a management solution that enables property clients to effectively expand credit acceptance terms to the millions of working Americans who apply for apartment rentals.
In addition to providing renters with improved access to professionally managed apartment housing, this agreement aligns with the NPS mission to provide consumers with the opportunity for improved financial independence. The NPS Rent Assurance™ program is available exclusively through apartment leasing offices and rent payments are reported for each enrolled resident to a national credit bureau.
Read more...NPS Provides Prepaid Card Program to Renters - Multifamily News Headlines – Breaking News, Stories, Top Headlines :: MultifamilyBiz.com
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