MRI Software says there's an on-going rise in the use of card payments from residents of market-rate apartment units.
With the increase in card payments, MRI Software credits the rise to one of two elements — "credit card fee waivers from landlords or residents' struggles with cash flow," according to a news release.
Brian Zrimsek, industry principal at MRI Software, says he sees cause for concern on the rise in credit card payments among market-rate unit residents.
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Ryan Tarinelli
Ryan Tarinelli is a reporter at the New York Law Journal. He is based at the New York State Capitol in Albany, New York. He can be reached through email at [email protected]. Follow him on Twitter: @ryantarinelli.
