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Credit & Debit Card Payments

Increase your revenue with payment options built for students, with no additional work needed. The Room Choice Student Housing Property Management Platform seamlessly integrates online credit & debit card payments. Students, tenants, and guarantors are able to make payments on any charges on their account using any major credit card.

Adding Room Choice Credit Card Payments
Adding Room Choice Credit Card Payments

Are All Cards Accepted?

All major debit and credit cards from customers in every country. All cards are processed for the same low rate.

All Major Credit Cards Accepted
All Major Credit Cards Accepted

Is Room Choice Secure?

Data security is of utmost importance to Room Choice. We invest heavily in securing our infrastructure in close partnership with world-class security experts. All card numbers are encrypted on disk with AES-256. Decryption keys are stored on separate machines. Room Choice's infrastructure for storing, decrypting, and transmitting card numbers runs in separate hosting infrastructure and doesn’t share any credentials with Stripe’s primary services.

What additional features and value does Room Choice Payments provide?

  • Retry logic: Automatically retries technical refusals through alternative connections.

  • Smart MCC: Assigns the optimal Merchant Category Code (MCC) for your business to maximize authorization rates.

  • Dynamic auths: Utilizes $0/$1 authorizations to verify a bank will allow a card to be authorized so you can better manage your risk.

  • Card account updater: Works with all major card networks to update your customers’ expired or renewed card numbers automatically—including American Express cards—to reduce failed payments and customer friction.

  • Enhanced authorizations: Reduces fraud and increases acceptance rates for American Express cards by sending metadata that can more accurately approve or decline transactions.

  • Auto ISO-optimization: Runs issuer-by-issuer analysis to determine the most optimal ISO8583 values to provide in each field.

Is there a fee for accepting credit cards?

Yes, this fee shows at checkout and varies based on the tenant's selected payment method. Credit cards will have a higher convenience fee. Regardless of how the tenant elects to pay the property receives their full amount. If the property is collecting a $500 payment the full $500 amount deposits into the company's operating account. Room Choice collects the convenience fee, keeping accounting clean and simple for the property.


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