The Real Deal New York

ClickPay takes a page from Groupon’s book

June 01, 2012
By Guelda Voien

ClickPay, a Manhattan-based provider of software for property owners and managers, is rolling out new technology intended to lessen the sting of paying rent.

Called ClickPayPerks, the new program offers Groupon-esque deals to tenants who pay their rent on time, from discounted Yankees tickets to free drinks at Dunkin’ Donuts.

The program, which is free for anyone enrolled in ClickPay, will launch this month, according to ClickPay founders Steven Van Praagh and Steven Kamhi.

Three-year-old ClickPay is used by Stellar Management, SW Management and other large New York City landlords, the company said. The software allows tenants to pay their monthly rent online, and also lets owners create reports and communicate with tenants. Tenants pay a surcharge of $5 per month.

The company created ClickPayPerks because “we were finding that property owners were looking for a way to reward their renters for loyalty and paying on time,” said ClickPay CEO Van Praagh.