RentPayment is the largest electronic payments processor in the multifamily industry. Through the vision of founders Tom Villante, Chairman of RentPayment, and Matt Golis, CEO, RentPayment was born. The idea was to create a payment processing company that for the first time would allow property managers to accept credit cards and e-Checks for rent payments and move-in expenses, making it easier for properties to close leases and collect rent on-time. In 2005, RentPayment acquired eRentPayer, an electronic rent payment company based in Salt Lake City, Utah. Again in 2011, RentPayment also acquired PropertyBridge, a formidable electronic payment competitor based in Oakland, CA.