Zego (a Global Payments company) Strengths, Domain Expertise, and Key Differentiators
Zego, a subsidiary of Global Payments, specializes in property management automation, streamlining essential yet complex workflows for managers and associations. Their modern platform reduces risk and fosters growth in Net Operating Income (NOI) by enabling clients to optimize resources, foster trust, and base decisions on data insights. Whether it's managing payments, utilities, or resident communications, all processes seamlessly integrate into existing back-end systems, ensuring users have immediate access to precise, real-time information.
Zego (a Global Payments company) Recent Developments
Zego has introduced the all-new Revenue Protection Suite within Zego Pay, offering enhanced safeguards for properties against losses stemming from chargebacks, NSF returns, fraud, and errors. This suite reinforces the existing array of fraud and security protections within the Zego Pay platform, featuring immediate account validation without the necessity of micro deposits, transactional checks for fraud and chargeback history, the highest level of PCI Compliance (Level 1), two-factor authentication for staff users, card verification value confirmations, and more. Additionally, clients receive invaluable support and expertise from Zego's payment operations team, renowned for effectively combatting chargebacks from card networks on behalf of their clients and boasting an exceptional success rate.
In February 2020 PayLease rebranded to Zego and launched a new corporate website at gozego.com.
Zego (a Global Payments company) Mergers and Acquisitions (M&A) Activities
In May 2021, Global Payments Inc. has acquired Zego with the aim of expanding into the real estate sector, leveraging Zego's established resident experience platform. Global Payments intends to augment Zego's resident experience management platform, empowering property managers to engage with residents in a more effective and efficient manner through advanced technology solutions.
In May 2019 PayLease has acquired Zego, the hub for smarter apartment living. Through this acquisition, Zego’s technology will be integrated into PayLease’s best-in-breed Payments, Resident Billing, and Utility Management platform to enable residents to pay rent & utilities, submit work orders, communicate with staff, receive package notifications, access third-party tenant services, and more via one consolidated mobile app.
In 2017, Vista Equity Partners acquired a majority stake in San Diego-based PayLease, a payment and billing provider for the property management and HOA industry. PayLease’s previous backer Francisco Partners retained a “significant” ownership stake in the company.
Zego (a Global Payments company) Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Zego (a Global Payments company) applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Zego (a Global Payments company) and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Zego Pay, Zego Smart, Zego Utility, Zego Mobile Doorman customers.
Zego (a Global Payments company) Overview
9330 Scranton Rd 450
San Diego, CA, 92121, United States
1 858-652-6333
https://www.gozego.com/
Ownership: - Global Payments Inc
Number of Employees: 350
Functional Markets: ERP Financial, ERP Services and Operations,
Key Verticals: Real Estate,
Zego (a Global Payments company) Key Enterprise and Cloud Applications
Zego Pay, Zego Smart, Zego Utility, Zego Mobile Doorman
Zego (a Global Payments company) Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Zego (a Global Payments company) Revenue Breakdown By Type, $M:
Zego (a Global Payments company) Enterprise Applications Revenues By Functional Markets, $M:
Zego (a Global Payments company) Enterprise Applications Revenues By Verticals, $M:
Zego (a Global Payments company) Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Zego (a Global Payments company) Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Zego (a Global Payments company) Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Zego (a Global Payments company) Customers
No. of Zego (a Global Payments company) Customers: 7000
No. of Zego (a Global Payments company) Enterprise Applications Customers: 7000
No. of Zego (a Global Payments company) Cloud Customers: 7000
No. of Zego (a Global Payments company) Cloud Subscribers: x
Zego caters to a broad clientele of 7,000 residential real estate companies encompassing over 15 million units nationwide. Notable among Zego's diverse customer base are BMPI Properties, AC Lewis Management, EZR Management, SAMI, Boutique Apartments, JSM Apartments, Hilton Realty, Franklin Management, and numerous others.
Zego (a Global Payments company) Market Opportunities, M&A and Geo Expansions
The recent legal actions taken by renters against RealPage and MRI could present a significant opportunity for Zego to capitalize on.
Zego (a Global Payments company) Risks and Challenges
Diversifying sales beyond the domestic US market may serve as a pivotal strategy for sustaining their continued growth and prosperity.
Zego (a Global Payments company) Ecosystem, Partners, Resellers and SI
Mostly direct sales.
Zego (a Global Payments company) Cloud Infrastructure Insights
Subscribe to read more about:
- Zego (a Global Payments company) Public Cloud and Infrastructure (IaaS)
- Zego (a Global Payments company) Platform (PaaS)
- Zego (a Global Payments company) Application Delivery
- Zego (a Global Payments company) Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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