Openpay and Stack Sports combine to introduce buy-now-pay-later option for sport clubs

November 12, 2020

In a first for Australian sport and in response to growing customer demand, sport club management system Stack Sports has partnered with Australian buy-now-pay-later (BNPL) provider Openpay.

The partnership, set for an initial three-year period, will give the members of sport clubs using the Stack Sports platform the ability to pay for membership and registration fees in interest-free instalments.

With many sporting clubs charging upfront yearly fees they risk missing out on customers that would prefer to spread the cost over monthly payments. However, for most sport clubs the administrative burden of chasing monthly payments and the financial uncertainty that brings simply isn’t an option.

By using BNPL through the Stack Sports management system these clubs will be able to offer longer and more flexible payment terms without compromising their cashflow as the risk will be taken on by Openpay for the cost of a small merchant fee. This ensures clubs access revenue upfront to cover running costs and improve their services, while making paying for these services more accessible to a wider range of customers.

Introducing the partnership, Dion Appel, Openpay’s Chief Commercial Officer stated “Openpay’s growth strategy into sports membership has been further cemented with the proud signing of a fully integrated partnership with Stack Sports in Australia, New Zealand and the UK. Overwhelming feedback from sporting clubs tells us that members are seeking the ability to pay their fees over time.

“Equally, the benefit to the clubs is welcomed, including improved cashflow plus the removal of the administrative burden involved managing membership collections. A win-win for all that keeps clubs focused on doing what they do best.”

Andy Graham, General Manager APAC/EMEA at Stack Sports, added “our new partnership with Openpay is an exciting step for our GameDay suite of products. GameDay delivers the most robust, open and flexible platform for any sport, and adding Openpay’s elegant ‘buy now pay smarter’ solution is another first.

“We chose Openpay because they shared our philosophy of looking after the consumer while helping sports to prosper and grow, and like us, they understood that people have come to expect the most affordable, flexible and easy to use payment options. For our customers in Australia and the United Kingdom (and other countries coming soon) this means they can, if they wish, now choose the advantages of Openpay’s flexible payments for their GameDay memberships, subscriptions, event entry and sports merchandise.

“It's just another way in which GameDay and our partners like Openpay are leading the way in the return to sport."

Click here to contact Stack Sports via their entry in the Australasian Leisure Management Supplier Directory.

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