Online E-Payments Resource Center Launched

OAKLAND, CA – June 16, 2010 - PropertyBridge, Inc., a MoneyGram company, and a leading provider of electronic payment services to the multifamily housing industry, today announced the launch of its E-Payments Resource Center on Multifamily Executive's website. The Resource Center is a comprehensive library of automated payments information and tools for multifamily professionals. Visitors to the website have free access to guides, white papers, case studies and news. Visitors may also download unique tools, including a cost savings calculator that allows companies to analyze the cost-benefit of automated payments specific to their organization. The website is designed to benefit companies that currently process electronic payments as well as companies considering making the switch to an automated solution.

To visit the Industry Center go to http://www.multifamilyexecutive.com/industry-center/property-bridge.aspx.

About PropertyBridge

PropertyBridge, a MoneyGram company, is a leading electronic payments processor for property managers and real estate owners in the multifamily housing industry. The PropertyBridge Payments Platform enables residents to pay rent and other lease-related transactions using multiple payment types, including credit and debit cards, Automated Clearing House (ACH), check scanning (Check 21) and cash payments at 40,000 MoneyGram agent locations. PropertyBridge's rent payment solutions are fully integrated with the accounting systems and business processes of property management firms. Residents can pay rent online, by phone or in person and set up recurring payments. The company collaborates extensively with financial services leaders including Visa USA, MasterCard, Discover Financial Services, American Express, Wells Fargo Bank, Bank of America and First National Bank of Omaha. MoneyGram, Inc. acquired PropertyBridge in October 2007.

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