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International Bancard Teams With MasterCard to Expand Acceptance of Electronic Payments in the Real Estate Industry

Posted by Kerry Wezner on Apr 1, 2015 2:32:00 PM
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International Bancard’s Property Payments platform enables convenient payment options for tenants and easy-to-use property management tools for owners

Clawson, Mich., April 01, 2015- International Bancard today announced an agreement with MasterCard to promote the acceptance of electronic payments for rent payments and other property-related items. As part of this agreement, MasterCard will become the preferred payments network accepted by International Bancard for its Property Payments digital platform,

“Electronic payments are the standard today in virtually every industry except real estate. International Bancard and MasterCard have come together to change that, bringing benefits to tenants and property managers,” said David Iafrate, International Bancard CEO. “Through our Property Payments solution, property owners and managers can meet the growing tenant demand for the convenience of paying rent and other property-related expenses with a credit, debit, commercial or prepaid card, whether one-time or recurring payments. Working directly with a network like MasterCard allows us to leverage their knowledge of how other industries have gained material improvements in efficiency, security, customer spend, and earnings by adopting electronic payment options.”

International Bancard offers property managers and owners three ways to leverage the payment solution to accept rent payments online:

  1. Integrating the Property Payments platform into a property manager’s existing website
  2. Enabling the payment module within third-party property management software to connect to International Bancard’s payment gateway
  3. Using the Property Payments platform as a rent payment acceptance solution as well as a comprehensive property management tool

“We are always looking for ways to help consumers and businesses realize the benefits of electronic payments and the value of payment acceptance,” said Valerie Miller, Vice President of Acquirer Relations for MasterCard. “Combining our efforts with International Bancard will help the real estate market take advantage of the added convenience, increased efficiency and security that electronic payments bring.”


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Care to share? @IntlBancard and @MasterCardNews team up to expand digital payments in the real estate industry with Property Payments platform


About Property Payments:
Property Payments, a division of International Bancard, enables property owners and managers to accept credit and debit cards for one-time and recurring rent payments online, and a suite of property management tools to help grow their business. The Property Payments platform serves a wide range of real estate sectors, including single-and-multi-family rental, retail, commercial, office, student housing and self-storage. Property Payments is backed by International Bancard’s deep real estate industry knowledge and experience delivering best-in-class client service and innovative credit card acceptance solutions for organizations of all sizes. Learn more at


About International Bancard:
Whether our clients serve 50 customers or 50,000 fans, International Bancard helps businesses grow by providing payment acceptance solutions, including credit and debit card processing, ACH, check and gift cards. As a nationally recognized industry leader, businesses rely on our market insight, data security knowledge and client care to deliver exceptional service to more customers in more locations. Learn more at


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Topics: Property Payments, MasterCard