Horganice x Beam: Transforming Payments for Thailand's Property Ecosystem

Exciting news for property owners and renters across Thailand! In a groundbreaking development for the property management sector, Horganice and Beam have partnered to address the crucial challenge of managing payments efficiently. This collaboration marks a significant step toward making property financial transactions smoother, faster, and more secure.

The Challenges in Property Management

Collecting payments, whether rent, bills, utilities, or common fees, has long been a major headache for property owners and renters across Thailand.

For property owners, the process is time-consuming and frustrating, involving mountains of paperwork, manual tracking, reconciling amounts, and long hours chasing down late payments. Every mistake in record-keeping or misplaced payment isn't just an error—it's a source of stress, disputes, and financial uncertainty.

The burden intensifies for larger properties. Some we spoke to manage 100-500 rooms per month on average, with a wide range of needs, ranging from QR payments and credit cards to installments. Catering to different types of renters (student dormitories, worker accommodations, senior housing) who require various payment options can be overwhelming, especially for those unsure of where to start or struggling to contact banks to offer these services.

If you can’t imagine how time-consuming the process can be, consider printing out invoices, distributing them to mailboxes or doors, sending reminders through individual Line group chats, manually checking uploaded payment slips, and simultaneously providing real-time updates on pending payments.

Renters, on the other hand, haven’t had it any easier. They struggle to keep up with due dates, juggle different payment methods, and constantly worry about unexpected late fees. The absence of a streamlined, centralized payment platform leaves renters feeling frustrated and disconnected from the process, making timely payments a constant source of inconvenience.

Beam and Horganice Partnership: A Transformative Approach

But what if there was a better way? Horganice, a leading rental properties management platform, and Beam, an experience-driven payments platform, recognized this pain and decided to act. We’re reshaping this narrative and transforming the way payments are handled, offering a seamless solution that prioritizes both efficiency and user-friendliness. 

The Dawn of a New Era in Property Management Payments

Instant Payments and Real-Time Updates: A Game-Changer for Property Owners

Imagine receiving payments the moment they are made, with no delays and no need for manual follow-ups. With Beam's technology seamlessly integrated into Horganice’s platform, this is no longer a dream but a reality.

Property owners can now enjoy the peace of mind that comes with instant, secure payments, regardless of the method chosen by the renter. Real-time updates mean no more manual tracking, freeing up precious time to focus on what truly matters—growing and enhancing their property portfolios.

Zero Transaction Fees for QR PromptPay: Driving Cost Savings and Efficiency

In a move to drive cost savings and efficiency, Horganice and Beam have offered completely free PromptPay transactions. 

This isn’t just a cost-cutting measure; it’s a statement. By eliminating transaction fees, they’re encouraging the adoption of digital payment solutions, paving the way for a more streamlined and cost-effective property management ecosystem. This initiative promises to deliver significant savings and operational efficiencies for both property owners and renters.

Credit and Debit Card Acceptance: Convenience at Your Fingertips

Renters can now breathe a sigh of relief. With Beam's payment platform embedded within Horganice's system, they have access to a wide range of secure payment options, including credit and debit cards from all major Thai banks. No more navigating multiple platforms.

This integration ensures a smooth, consistent, and user-friendly payment experience, making payment one less thing to stress about.

Elevating the Property Management Experience: A Holistic Approach

While the partnership between Horganice and Beam helps revolutionize the payment process, its impact extends far beyond that single aspect of property management.

By lessening the administrative burdens of payment collection, property owners can redirect their energy toward strategic growth initiatives, confident that their processes are efficient and secure.

Renters, in turn, enjoy a hassle-free experience that fosters positive relationships with property managers, enhancing tenant satisfaction and loyalty.

Looking Ahead: Setting a New Standard in Property Management

As this partnership continues to unfold, it’s set to redefine property management standards in Thailand. Industry experts and early adopters are already singing its praises, recognizing it as a solution that brings innovation and efficiency to the forefront. 

"The integration of our payment platform into Horganice's property management system is a true game-changer," says Win Vareekasem, the CEO and Co-Founder at Beam.

"Not only has it revolutionized the rent collection process by making payments instant and hassle-free, but it has also enhanced the overall tenant experience. This partnership showcases the power of seamless payment solutions in driving efficiency, cost savings, and customer satisfaction in the property management industry."

The collaboration between Horganice and Beam exemplifies the power of combining strength. The future is bright, and we are excited to continue delivering unparalleled value to property owners and renters.