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Novelpay Modernizes Electronic Rent Payment Service for Landlords and Tenants

NovelPay, a payment management system, allows landlords to offer residents and tenants an assortment of easy and flexible electronic payment options.

New York, NY, May 12, 2011 --( Novel National LLC has launched NovelPay (, a payment management system allowing landlords to offer residents and tenants an assortment of easy and flexible electronic payment options, including online rent pay.

NovelPay addresses not only the need for landlords in commercial, residential and student housing spaces to modernize the rent collection process, but allows renters to submit payment easily and securely from virtually anywhere. In turn, the system provides landlords and management offices less follow up work with payments, allowing for easier bookkeeping and record management for both parties.

“NovelPay’s payment management system empowers landlords and property managers to offer amazing services to their clients and their tenants,” said Ernest Muller, CEO of Novel National. “The system makes it simple for rent to be paid on time and without hassle as opposed to traditional rent collecting methods.”

With NovelPay, tenants can finally ditch the checkbook and pay their rent in any way they prefer, including debit and credit cards, ACH transfers, online and even via mobile.

“It’s exciting for landlords and tenants to use the power of the Internet to initiate, monitor, and track the status of rent payments,” Muller said. “This is where the real estate space is headed and for good reason.”

About NovelPay
NovelPay offers a safe and easy way for landlords, management companies, parking garages and homeowners associations to get paid online and on-time by credit and debit card, e-check or ACH transfer. NovelPay’s state-of-the-art platform currently securely manages payment services for federal and state government agencies as well as public and private schools. For more information, please visit

For more information, contact:
Aaron Sheklin, Executive Vice President
888-449-6919, ext. 104

Contact Information
Aaron Sheklin

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