Press Release
New Loft47 and Payload Integration Streamlines Real Estate Payments for US and Canadian Markets
September 4, 2024
Vancouver, BC – Loft47, a top real estate commission management system, and Payload, the industry’s leading digital payment processor, are thrilled to unveil a new integration set to transform payment processing in real estate. This integration is the first to cater to both US and Canadian clients.
This strategic partnership allows real estate professionals to simplify their financial processes by merging Loft47’s powerful commission management tools with Payload’s advanced payment options. Users can now access a fully integrated system that supports all modern payment methods, including ACH, EFT, and credit cards.
“Integrating Payload’s cutting-edge payment technology with Loft47’s state-of-the-art commission management and accounting platform gives our users a smooth and effective way to handle all financial transactions,” said Sasha Hryciuk, CEO at Loft47. “This collaboration marks a big step in simplifying real estate payments and boosting overall operational efficiency.”
With this integration, real estate firms can benefit from:
- Versatile Payment Capabilities: Accept digital Earnest Money Deposits, settlement and deposit payments, disburse agent commissions, and collect agent fees.
- Unified Payment Processing: Manage all property transactions through a single, streamlined platform.
- Enhanced Security: Ensure secure transactions with advanced encryption and compliance features.
- Increased Transparency: Gain real-time insights and detailed reporting on all financial activities.
- Efficiency and Automation: Reduce manual processes and administrative overhead with automated workflows.
Melaney Loar, Director of Operations at Regal Realtors, shared her experience: “Implementing Loft47 and Payload have been a game-changer for us at Regal Realtors. The tools are straightforward, saving us time and money. Before, we had to juggle a separate system to pay our agents, and data entry errors were a real headache. Now, with Payload’s focus on security and compliance, we don’t have to worry about fraud risks. As we’ve grown, having reliable systems that can scale with us has been crucial for hitting our Brokerage goals. And the best part? Our agents are thrilled to get their commissions the next day.”
About Loft47
Loft47 is a cutting-edge commission management and accounting solution built for real estate professionals. It offers a complete platform to manage commissions, monitor transactions, and streamline financial processes, ensuring precise and efficient handling of real estate deals.
About Payload
Payload is a leading digital payments company specializing in innovative payment solutions for industries that are still largely dependent on outdated payment methods. Payload automates all incoming and outgoing payments, offering a secure, efficient, and fully digital solution. Our mission is to revolutionize payments by providing tools that enhance transparency and efficiency for real estate transactions and beyond.