With Mobile Check Pay, now property managers can accept digital images of rent checks as payment, removing paper checks from the leasing office and giving renters the assurance their check is deposited on time and in the correct account. Mobile Check Pay allows residents to snap a picture of their paper check to pay rent electronically wherever they are, anytime. Property operators gain faster access to funds within one-to-two business days with automated ledger reconciliation. The potential for fraud is also reduced as digital transactions require identity verification. By effectively eliminating the processing and presentment of original paper checks over multiple days, Mobile Check Pay reduces the delay in gaining access to funds, also known as “float.” Mobile Check Pay uses the same technology that allows banks to accept mobile check deposits. Domuso's Mobile Check Pay capability has been in a limited beta release on select properties that utilize its suite of digital payment capabilities and will become available for general release on January 1, 2020.