As bitcoins gain popularity, we expect tenants will want to use the currency to pay rent. As a technology business, it’s our job to anticipate consumers’ needs.
Chicago, IL (PRWEB) August 28, 2013
Rentalutions, an online software platform for do-it-yourself landlords, will immediately allow tenants to pay rent with bitcoins. The Company is the first major property manager or rent processing company to offer this option.
Bitcoin is a currency that is the electronic equivalent of cash. The currency was created in 2009 and the total value of all bitcoins today exceeds USD $1 billion. A recent decision by a Federal Judge in the Eastern District of Texas declared that bitcoins are, “a currency or form of money.” This ruling paves the way for greater regulation and adoption among individuals and businesses.
“As bitcoins gain popularity, we expect tenants will want to use the currency to pay rent. As a technology business, it’s our job to anticipate consumers’ needs,” says Rentalutions co-founder Ryan Coon.
Tenants can begin paying rent with bitcoins by contacting us.
Rentalutions helps do-it-yourself landlords easily manage their residential rental properties through the entire process. With Rentalutions, landlords can easily find tenants, access credit and background reports, collect rent and create and sign leases electronically. Since launching in late 2012, the company has added customers from across the United States.