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Bringing Digital Payments to the Rental Space

More than 100 million Americans live in rental properties and pay rents totaling more than $500 billion annually.  It is further estimated that more than 80% of tenants pay their rent by old-fashioned paper checks. While several fintech companies offer digital payment solutions for landlords, no single solution has achieved widespread adoption yet. Chase is developing a new solution for tens of thousands of landlords to potentially revolutionize the rental space.