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Why is a Sports Payments System Important?

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Everyone knows that Aussies love their sport. In fact, almost 80% of Australians believe that sport is a significant part of Australian culture. But not only is sport one of the great loves of the Australian people, it’s also a major contributor to the Australian economy. In fact, an estimated 14 million Australians participate in some form of sport each year, generating a whopping $50 billion for the Australian economy per annum. But with the rise in the cost of living, many parents are struggling to keep their kids in club sports. So why is sport so expensive? And how can an elite sports payments system, like Biz Core, help?

 

sports coach with her team; why is a sports payments system important? | Biz Core

What makes club sports so expensive?

Before we explore the benefits of a sports payment system, we first have to understand what makes sport so expensive in the first place.

Well, it depends. If someone is just kicking a soccer ball around the park with their friends and family, it’s a relatively cheap activity. But if they’re looking to join a club sport like netball, soccer, or rugby, then they may find the dollars quickly stacking up.

With club sports comes costs for things like:

  • Registration fees
  • Uniforms
  • Sportswear like boots, knee pads, shin pads, and helmets
  • Travel; the cost of getting from game to game
  • Miscellaneous items like sunscreen, hats, water bottles, and anything else someone might need as a regular sports person

When looking at the above costs on their own, they can seem quite benign. But when adding them together, the cost soon becomes a little overwhelming, particularly if a parent has multiple children playing in club sports.

 

women playing sports; why is a sports payments system important? | Biz Core

So what makes sport so popular in Australia? What keeps customers coming back to sporting clubs year after year despite the rising costs?

Enjoying the great outdoors

Australians love to enjoy the great outdoors and getting outside on a sunny day to play their favourite sport is a popular past-time.

Physical and mental health benefits

It’s a well established fact that physical activity, including sport, has extensive health benefits. People who engage in regular physical exercise will:

  • Have more energy
  • Reduce the risk of chronic disease such as obesity, diabetes, and cancer
  • Improve and maintain areas of their everyday health like blood pressure and cholesterol
  • Improve their mental health

It can even extend a person’s lifespan by up to 7 years!

Social benefits

Another major drawcard for club sports is the social aspect. People who play club sports meet new people and feel a sense of community and belonging.

 

How can a sports payment system help your club?

We know the benefits of playing sport, and we know why it’s so alluring to the Aussie public. But how can a sports payment system help your club retain members and keep your business growing?

Privacy

The digital age is well and truly upon us and these days most registrations are completed and managed only. But Australians are big on privacy, with 70% of Australians admitting that privacy is a major concern. They want a service provider they can trust. That’s why you need a reliable payment solution for sports, like Biz Core, that offers your customers the security and protection they crave.

Flexibility

Customers don’t just love flexible options, they need them. The world is moving at a fast pace and circumstances can change in a heartbeat. The right sports payment system should offer you the flexibility to keep up with your customers changing circumstances. Like Biz Core, it should offer a range of payment schedules such as weekly, fortnightly, or monthly. And it should have the capability to process credit card payments, debit card payments, and direct debit payments.

Simplicity

The last thing a customer wants to do is join a club if the registration process is a nightmare. Especially when customers join sports clubs for enjoyment and fun. So you need a system that is user friendly and intuitive, and that offers customers easy access.

Automated

The ability to set and forget is important. Customers don’t want to rely on their memories to make payments or keep track of registrations. They want to set, and forget. If their registration is due, or they need to make a payment, customers want clubs to be proactive and take charge. That’s why you need a system that has top of the range automation and customer tracking so you can help your customers stay up to date.

 

What Biz Core can do for you and your customers

women's sports team; why is a sports payments system important? | Biz Core

Biz Core’s comprehensive system offers sports clubs the tools they need to keep customers happy and grow their business.

Our advanced payment platform provides:

  • Extensive customer management tools that allow you to log, store and manage customer data.
  • The ability to track registrations and set reminders for expiring registrations.
  • Payment tracking facilities that will allow you to keep track of successful payments, failed payments and overdue accounts.
  • Flexible payment schedules with weekly, fortnightly, or monthly options.
  • Automation, allowing you to create and send receipts, reminders and notices automatically.
  • Reporting capabilities; see how your business is tracking at a glance with easy-to-read dashboards.
  • Simplified document management; you and your customers can upload, send, e-sign, and store documents with ease.
  • The ability to record and monitor customer interactions.
  • Strong built-in data protection and security with multilayered Microsoft Azure Cloud Security.

With Biz Core, you’ll have everything you need to grow your business and keep your customers coming back year after year.

Loan management software FAQs

How do I contact Biz Core?

You can contact Biz Core by filling out this form, and we will get back to you as soon as possible.

Why is Biz Core showing up on my billing statement?

Biz Core is a payment facilitator for a wide range of businesses. If you have a direct debit from Biz Core on your bank statement, it may be for one of the following types of fees:

  • A payment plan charge from a financier or lender

  • An automated payment for a subscription service

  • A charge from a rental agency, telco, personal trainer, sporting club, accountant, bookkeeper, rideshare provider, and more.

  • Transaction fee

  • Monthly account fee

  • Dishonour fee where a recent payment has failed.

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    Read more about who we work with and frequently asked questions regarding charges through Biz Core’s software here.

    What type of business is Biz Core best for?

    Biz Core is best known for being a full end-to-end Loans Origination & Management Software (SAAS) designed and priced to accommodate a wide range of Lenders. In addition, as a holder of a Direct Debit licence, another core part of Biz Core's portfolio is that of Payments Provider/Facilitator (including Cards) to those high-volume transaction-dependent businesses such as large Rental Agencies, Telcos and Sporting Clubs.

    What is Biz Core?

    Biz Core offers end-to-end loan management platform with lead generation, loan origination, loan servicing and debt management features - a complete, all-in-one solution for lenders. If you currently have a loan or subscription with a lender, you may see Biz Core on your billing statement.

     

    Biz Core also provides other large Providers, such as Telcos and Sporting Clubs, with an easy-to-use online payment processing solution that helps their businesses improve their cash flow via a secure payment gateway and payment collection automation.

    How much does Biz Core cost?

    The amount on your billing statement depends entirely on the payment plan you have set up with your lender or subscription service. To stop direct debit payments, you must consult your provider directly. Please refer back to your payment plan and direct debit amount with your lender or subscription service.