Optimal Payments, an online payment solutions provider, has joined forces with RentMoola, a Canada-based payment network that allows tenants to pay rent and earn rewards, to provide fully automated, real-time payment and onboarding services for merchants and customers.

As part of the partnership, RentMoola will deliver payment services for customers through Optimal Payments’ NETBANX online payment gateway.

Optimal Payments COO Danny Chazonoff said: "Through our partnership with RentMoola, we are able to offer an innovative digital payment service that benefits rental property managers and owners in Canada, the U.S., Australia and the U.K."

RentMoola co-founder and CEO Patrick Postrehovsky said: "We are pleased to partner with Optimal Payments to offer our digitalized rental payment and reward platform."

"MasterCard SVP & group head market development Wendy Braithwaite said: "This service provides landlords with the opportunity to accept credit cards and benefit from reduced incidents of late payment, faster clearance, and a better way to track."

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