The Power of Price Splitting
When you use Interpodia, you are using a tool to grow your sport organization. Interpodia’s sport-specific registration platforms provide a full suite of features and tools to help you manage and minimize risk for your sport organization.
With a 99% up-time, multiple database back-ups, and PCI compliant payment processing for multiple currencies, our software provides you with peace-of-mind and limitless room to grow! But moreover, what we hear from clients time and time again, is that by using our technology stack, their staff is able to significantly reduce administration time, removing barriers and repetitive tasks, allowing them to focus on larger initiatives.
What is Price Splitting?
While there are many automations and integrations that help reduce your admin time, one that many of our clients love is our price-splitting ability.
Our price-splitting feature provides the ability for athletes to register for multiple organizations and events in one single payment transaction and the back-end system divides the payment to necessary organizations. In doing so, it removes significant administrative labour for organizers and provides a seamless experience to athletes.
This feature could be used for an athlete signing up for their local snowboarding club and national federation at the same time. With one payment from the athlete, our software would automatically split the payment between the two entities.
When else would this be helpful? Let’s take a look at another example.
How Does it Work?
Debbie is a triathlete on the national team for Triathlon Canada, living in Vancouver, Canada.
She wants to register for her upcoming provincial championships event. While registering for the event, our registration platform automatically verifies her memberships with Triathlon BC and Triathlon Canada. Turns out her memberships are about to expire! She receives an in-platform notice that she must purchase this year’s membership for both bodies in order to register for her event.
Without having to open another tab or visit another website, our system overlays registrations for both Triathlon Canada and Triathlon BC and all three registrations are placed in her cart.
What else could she have added to her cart?
- A coaching license or apprenticeship fee
- A club membership to her local triathlon club
- Insurance levels
Now Debbie has two membership registrations, and one event registration in her cart. Debbie makes one single payment for memberships and event registrations, and then the magic happens!
Our technology stack processes her transaction, and securely splits the fees among the appropriate organizations; while sharing her athlete data, waivers, and other digital agreements as needed.
Benefits For The Athletes
This feature gives athletes one seamless transaction for all of their required registrations and waivers. It removes the need for them to follow complex instructions to access multiple sites and make several payments to different organizations.
Benefits for the Organizers
For the organizers, this feature removes a significant amount of manual administrative labour. Examples include verifying memberships during the registration process, reporting on athlete data to governing bodies, providing and storing copies of waivers, and manually splitting fees to the correct bodies.
As you can imagine using our registration platform can be a major game-changer, particularly for clubs or organizations with many members. It allows administrators to focus on the greater initiatives of their organizations, such as fundraising, achieving gender equity or getting more kids involved.
We hope you found this feature highlight helpful, we welcome you to comment with your thoughts and feedback below! To stay up-to-date on our best practices and new feature releases, sign up for our monthly newsletter by clicking on the link below.