Using Yardi’s Walk-in Payment System (WIPS) powered by PayNearMe, residents can pay rent in cash at participating convenience stores. Payments are seamlessly transferred to Breeze within a few days.
Setting up WIPS is easy:
Go to the Payment Portal and set up a bank account for WIPS.
Check that your properties are linked to the bank account that you set up for WIPS.
Generate WIPS account numbers for tenants.
Each step is explained below.
Setting up a Bank Account for WIPS
Only the user designated as the SPOC (Single Point of Contact) can set up a bank account for WIPS. The SPOC's email address is shown on the Company Settings screen.
If you are the SPOC, go to the Company Settings screen and click the KYC/Payments Portal button.
The Payment Portal opens.
To enable WIPS, you can do one of two things:
Add a new bank account and set it up for WIPS.
Edit an existing bank account, adding WIPS to the payment methods.
In this example shown below, we'll add WIPS to an existing bank account.
Note: WIPS requires ACH. In the following example, the account has already been set up for ACH.
Click View/Edit Bank Accounts. The Review All Active Bank Accounts screen appears.
Click Add Services for the bank account you want to modify. The Bank Account Details screen appears.
Select the WIPS check box.
Complete the fields in the WIPS section of the screen: Allow Underpayment and Allow Overpayment.
Click Save. The change in services request is sent to the Yardi Payment Processing team, and they will respond in a few days.
When WIPS is enabled, a notification appears in Breeze.
On the Bank Account screen, you can see that the account has been enabled for WIPS.
Setting up WIPS at the Property Level
Check each property that will use WIPS as a payment method, then verify that it is linked to the WIPS-enabled bank account.
The WIPS bank account must be the Primary account for the property.
Generate Walk In Payment Numbers
Go to the Tenant screen and open the Walk In Payments tab.
On this tab, you can generate a WIPS account number for each tenant and send them instructions about how to use it.