Deluxe Corporation announced a partnership with MRI Software that will make Deluxe the official processing partner for MRI’s rent‑payment solution, extending the company’s payments and data services into the property‑management sector. The deal taps into MRI’s global client base of more than 45,000 customers across 170 countries, giving Deluxe access to a large and growing market that relies on automated rent collection and payment processing.
The partnership is a key element of Deluxe’s transformation strategy, which has shifted focus from legacy print services to high‑margin payments and data solutions. In the fourth quarter of 2025, payments and data accounted for 47% of Deluxe’s revenue, up from 43% a year earlier, and the company aims to reach revenue parity with its print businesses later in 2026. By integrating its payment platform with MRI’s RentPayment software, Deluxe will provide property managers with a streamlined, end‑to‑end solution that simplifies rent collection, enhances data visibility, and reduces processing costs.
Brian Mahony, President of Merchant Services at Deluxe, said, "By integrating the Deluxe Payments Platform with MRI's RentPayment software, we're helping property managers streamline rent collection while delivering more choice and convenience for tenants and residents." Carla Hinson, VP of North America Solution and Innovation at MRI Software, noted the expanded partnership aims to deliver faster processing times and improved reporting for residents and tenants.
Deluxe’s stock has shown strong performance leading up to the announcement, having beaten analyst earnings estimates for seven consecutive quarters. The partnership builds on an existing relationship, as Deluxe already provides lockbox services to MRI’s real‑estate clients, and positions the company to capture a new vertical that complements its high‑margin payments and data businesses.
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