Jan. 15, 2019
Fiserv Inc. said it has an agreement with Dallas-based Stack Sports to provide mobile payment technology for youth sports leagues, in a company release.
Fiserv said that Stack Sports is leveraging its Digital Payments SDK to enable electronic payments directly within the sports organization's own ecosystem.
Operating youth sports leagues often requires payment transfers for equipment, travel, uniforms, payments to referees and other payments from parents and other officials, the companies said.
By using the Fiserv digital payments technology, the companies can eliminate the use of paper checks, which often are returned for lack of funds and cash, which is often more difficult to properly account for.
Digital Payments SDK is provided through CheckFreePay Corp. or CheckFreePay Corp. of New York, which are both units of Fiserv
"Enabling digital payments via Fiserv helps advance our mission so that officials, coaches, parents and players can focus on the game and not administrative details," said Alex Alt, chief executive, Stack Sports, in the announcement.
Stack Sports, which launched in 2016, is backed by Genstar Capital, the NFL's 32 Equity, Dallas Cowboys owner Jerry Jones, Providence Equity and other investors.
Topics: In-App Payments, Mobile Payments, Online Purchasing
Companies: Fiserv
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