#Japan #Tokyo #payment service #Rease #Fidii

Introduction

Rease Inc., a Tokyo-based startup dedicated to optimizing credit value for tenants, has unveiled its innovative payment service, "Fidii." This new offering aims to bridge the gap between landlords and tenants by providing a seamless solution for diverse payment needs in the real estate sector. Set to launch in December 2025, Fidii is designed to enhance the efficiency of payment processes while reducing stress for both parties involved.

Background and Objectives

In the real estate industry, there is a significant gap between the needs of landlords, who seek to simplify their billing processes, and tenants, who prefer the freedom to choose their payment methods. This disparity often results in delays and complications during payments, causing frustration for both landlords and tenants.

Landlords desire a smoothly functioning payment system where they receive full payments on time, but they often invest considerable resources into their complex billing operations. At the same time, tenants find themselves restricted to limited payment methods dictated by their landlords, creating dissatisfaction. In response to these challenges, Rease has developed the Fidii payment service, which aims to meet both landlords' and tenants' requirements effectively.

With Fidii, landlords can significantly reduce the burden of complicated billing processes, allowing them to focus more on their core business activities, such as managing properties and addressing rent arrears.

Service Overview

The Fidii payment service is designed for all real estate companies and individual landlords, offering comprehensive payment processing solutions. It covers various transactions, including initial fees and settlement costs upon tenants' departure. Fidii's key features include:

• - Payment Collection: Handling collections from payers.
• - Guaranteed Transfers to Landlords: Confirmed transfers to the landlords involved.

Fidii supports multiple payment methods beyond traditional bank transfers, enhancing convenience for tenants. These options include:

• - Bank Transfers
• - Direct Debit
• - Convenience Store Payments
• - Credit Card Payments
• - QR Code Payments (including WeChatPay and Alipay)

Key Features of Fidii

Fidii stands out for its efficiency and flexibility. Key features include:

• - Simplified Billing: Landlords can complete their billing processes by sharing essential data like approval numbers and payment amounts.
• - Easy Integration: The service easily connects via CSV files, eliminating the need for complex system development.
• - Automatic Fee Calculation: Usage fees based on payment methods are calculated automatically.
• - Multi-Account Transfers: Funds can be sent to multiple accounts.
• - Multilingual Support: An optional call center capable of handling inquiries in 13 languages.

With Fidii, tenants can select their preferred payment methods, streamlining their experience and providing landlords with real-time visibility into payment statuses via a single platform. Additionally, funds are managed by a trust company, ensuring security through separate management to safeguard against insolvency risks.

Future Developments

Rease aims to continually enhance its Fidii service by integrating additional payment options and expanding features to accommodate varying customer needs, including "provisional payments" and multi-directional transactions starting August.

About Rease Inc.

Founded in September 2018, Rease focuses on pioneering solutions that bridge real estate and finance through CreditTech. The company operates an AI-driven SaaS rent guarantee support system, "Rent Guarantee Cloud," which utilizes over 200 proprietary credit algorithms. This innovative technology enables a multi-faceted evaluation of tenant creditworthiness, minimizing risks for property managers and landlords, while promoting fair and flexible rental agreements.

Location: 6th Floor, Nishi-Shinjuku Metro Building, 7-9-16 Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan
Website: rease.co.jp