PayLease, a provider of online rent payments for the property management industry, this week announced the launch of several mobile products that will enable residents to pay rent or HOA dues using a smartphone, according to a press release.

Residents of communities who use PayLease can now download a free iPhone or Android app to pay their rent with a mobile device. PayLease has also designed a mobile-optimized website that is compatible for residents to make a payment with any smartphone or tablet.

In addition to paying rent, residents using the mobile app can sign up for email or text reminders, view current and past payments, and set up automatic payments, according to the announcement. Residents can also use the app to make changes to their account or add new payment methods. As an added convenience and security verification, users can log into the app with their Google+ or Facebook credentials.

PayLease expects its mobile app to increase the number of online payments property managers receive while reducing delinquencies. In a survey of residents who use PayLease, more than 60 percent of users said they would regularly use a mobile app and/or text payment reminders.

"We've had an overwhelming demand for from both community managers and residents for mobile payment options, and we are pleased to deliver this amenity," Ben Truehart, senior vice president at PayLease, said in a statement. "Giving residents the option to use their smartphone lets them pay anytime, anywhere — increasing the likelihood they'll pay electronically instead of taking the time to write and deliver a check. We know this will be particularly beneficial for our property management clients since payments made electronically have a faster funding time than paper checks."