Press Release

Landlords Can Use ClearNow to Collect Rent Online from Prepaid Cards

Durham, NC – In response to the changing payment needs of tenants, ClearNow (http://www.ClearNow.com) can now process most reloadable prepaid debit cards through its online rent collection and rent payment service.

"We've noticed that more tenants are shying away from a traditional bank account and moving towards the convenience of reloadable prepaid debit cards to receive payroll and make payments. It is a challenge for landlords to process rents from tenants who want to pay with a prepaid debit card,"explained Justin Yung, a Vice President with ClearNow, Inc. Using ClearNow, landlords and property managers can debit most reloadable prepaid debit cards such as AccountNow, Green Dot, and NetSpend in addition to all US checking and savings accounts.

ClearNow is a very low-cost and easy solution for landlords to collect rent online and for tenants to pay rent online. Once set-up, rent payment is automatically withdrawn from tenants' bank accounts (and most prepaid cards) and directly deposited into the landlord's or property manager's bank account. Unlike some of its competitors such as eRentPayment, Pay Rent Easy, and National Association of Independent Landlords (NAIL), ClearNow has maintained a flawless BBB rating (no complaints since 2000 inception). With ClearNow, landlords and property managers save time, reduce the chance for late payments, and offer exceptional tenant convenience.

To learn more, visit http://www.ClearNow.com.

For more information on ClearNow, please contact:
Ryowon Kim
Tel: (919) 680-4500
Ryowon@ClearNow.com

# # #