ESCAPIA and FAST TRANSACT Partnership Offers Web-Based Solutions for Vacation Rental Industry
Released on = April 24, 2007, 8:50 am
Press Release Author = Kathy CharLee / Fast Transact, Inc.
Industry = Real Estate
Press Release Summary = Resort and vacation rental property managers can save time and money when managing properties and accepting credit card payments.
Press Release Body = OLYMPIA, WA, April 2007 - Fast Transact Inc., a leader in credit card processing and payment gateway solutions, is pleased to announce their strategic partnership with Escapia, a Seattle-based company that develops top-rated software applications for vacation rental property management. The partnership consolidates both companies' expertise and technology strengths to address their clients' daily operation needs for professional rental management tools and payment integration.
Tourism is the third largest retail industry in the United States, of which the typical lodging customer travels 48% for business and 52% for leisure. FAST TRANSACT's Rental Payment Management (RPM) program is geared towards the lodging industry's specific needs for credit card and check payment acceptance. Its Cost Plus Pricing structure ensures there are no hidden fees and RPM has the flexibility to integrate seamlessly with most retail and online reservation, property management, and POS systems. Escapia provides the leading Internet business platform for professional vacation rental managers and its web-based solutions help vacation rental companies increase efficiency and boost their income. Escapia powers their online reservations, streamlines reservation management, opens up new sources of revenue, enhances security and provides unparalleled flexibility in managing their business.
"Having Escapia partner with Fast Transact is a great win for our customers, who benefit from a company that specializes in payment solutions designed specifically for vacation rental managers," said Bill Furlong, CEO of Escapia. "Fast Transact's solutions are compatible with the Escapia platform so our customers are able to process payments within the software. At Escapia, we are dedicated to helping our clients manage their entire business in one place; partnering with Fast Transact helps us achieve that goal."
David Solomon, CEO of Fast Transact Inc, states, "RPM caters specifically to the lodging reservation process. Our knowledge of payment processing and how it interfaces with various reservation methods is the key to helping merchants understand how to reduce non-qualified transactions and eliminate inappropriate hidden fees. Escapia's software is designed to help vacation rental managers administer properties, online reservations, accounting, and other essential portions of their businesses. By looking at how our clients use various software to book and manage millions of reservations, the partnership with Escapia seemed to be a natural step in expanding our product and service offerings. I believe this alliance allows both parties to provide start-to-finish solutions for existing and new customers in the resort property management and vacation rental industries."
About Fast Transact, Inc. Founded in 1995, Fast Transact, Inc. is a registered ISO/MSP of Bank of America N.A. Charlotte, NC and JPMorgan Chase Bank. FAST TRANSACT provides nationwide, integrated payment technologies for retail and Internet merchants. For more information about credit and debit card acceptance, electronic payment gateways, ACH check services, gift/loyalty card programs, and affiliate merchant programs, please go to FAST TRANSACT\'s website: www.FastTransact.com or call 1-800-687-8505.
FAST TRANSACT is a registered trademark of Fast Transact, Inc. Rental Payment Management (RPM) is a division of Fast Transact, Inc.
About Escapia Escapia, Inc., founded in 2000, is leading the internet revolution in the $25 billion vacation rental industry with web-based on-demand software. Escapia empowers professional vacation rental management companies to reach new customers, manage properties, online reservations, accounting, housekeeping, maintenance, owners, and other mission critical aspects of their businesses. Escapia Vacation Rental Suite is a comprehensive software suite for vacation rental companies embracing the Internet future of the industry. Seattle based Escapia can be reached at 1-800-ESCAPIA, info@escapia.com or online at www.escapia.com.
Web Site = http://www.fasttransactonline.com
Contact Details = Kathy CharLee Fast Transact, Inc. Toll Free: 800.687.8505 Fax: 360.357.1425 kathyc@fasttransact.com www.FastTransact.com
Kristine Lande Escapia, Inc. 206.832.0241 klande@escapia.com