RealPage, Inc. announced the launch of a new prepaid Mastercard® debit card solution designed to modernize the funds distribution systems within the real estate industry. This first-to-market service will transform the way properties provide refunds, reimbursements and incentives or rewards to their residents, while reducing operating costs and addressing obstacles around cumbersome and expensive paper-based payments practices. RealPage developed this prepaid debit solution to create considerable convenience for properties and residents. Properties will be able to use this solution to provide virtual debit cards for final statement refunds. The debit card also puts an end to the cost of manually cutting checks and provides instant receipts to residents. Additionally, property managers will be able to provide incentives and other rewards directly through the prepaid debit card. No longer will there be the disruption over lost or stolen checks, or for residents to wait days for checks to arrive. With RealPage prepaid debit, funds are received in real time with the click of a button and are protected with state-of-the-art privacy and security measures. This eliminates the need for manual checks, the cost of materials and the bank fees associated with issuing and managing lost or stolen checks.