Sports technology leader leverages software development kit from
Fiserv to enable payments within the Stack Sports ecosystem
BROOKFIELD, Wis.--(BUSINESS WIRE)--Jan. 14, 2019--
Inc. (NASDAQ:FISV), a leading global provider of financial services
technology solutions, today announced that global sports tech leader Stack
Sports is making youth sports-related payments easier and more
efficient with proven Fiserv digital payment capabilities.
Stack Sports is leveraging the Digital Payments SDK from Fiserv to
enable payment solutions directly within the Stack Sports ecosystem.
Stack Sports is simplifying payments to referees and other officials
made by youth sports organizations, offering this capability as one
integrated solution, and enabling payments made by and between coaches,
parents, and players for team expenses via a mobile solution. These
streamlined digital payments replace cash and check exchanges,
eliminating trips to the bank and awkward conversations about late
payments and bounced checks for the tens of thousands of officials,
organizations, coaches and parents who use Stack Sports technology.
“Our mission is to transform the youth sports experience by providing
easy-to-use team management solutions,” said Alex Alt, Chief Executive
Officer, Stack Sports. “Fiserv was a fitting choice to help us expand
upon our payments expertise and leadership. Our partnership will
eliminate the hassle of certain sports-related payments, leveraging the
excellent reputation of Fiserv in the money movement space. Enabling
digital payments via Fiserv helps advance our mission so that officials,
coaches, parents and players can focus on the game and not
Digital Payments SDK allows companies to harness the Fiserv payments
infrastructure that powers transactions for thousands of financial
institutions and millions of consumers. The SDK enables companies to
accept checking account-based payments and card-based payments through
mobile apps, websites and other digital channels. It supports next-day
and real-time payments and includes built-in risk management and
security capabilities, including multiple methods for account
verification and identity verification.
“As any parent of a young athlete can attest, team sports involve many
types of payments, from tournament fees to uniform purchases,” said Tom
Allanson, president, Electronic Payments, Fiserv. “With Fiserv, Stack
Sports is making life easier for parents, coaches, and others in the
sporting community by streamlining the payments process and record
In a world moving faster than ever before, Fiserv helps clients deliver
solutions in step with the way people live and work today – financial
services at the speed of life. For more information on Digital Payments
SDK, visit fisv.co/Payments-SDK.
Digital Payments SDK is provided by or through CheckFreePay Corporation,
a licensed money transmitter, and/or its affiliate CheckFreePay
Corporation of New York, which is licensed and regulated as a Money
Transmitter by the New York State Department of Financial Services, each
a wholly owned subsidiary of Fiserv, Inc.
About Stack Sports
With nearly 50 million users in 35 countries, Stack Sports is the global
leader in sports technology providing an integrated technology platform
for national governing bodies, youth sports leagues, clubs and
associations, parents, coaches and athletes. Stack Sports is
headquartered in Dallas and backed by Genstar Capital, the NFL’s 32
Equity, Jerry Jones of the Dallas Cowboys, Providence Equity and other
leading sports and technology investors. Since its formation in April
2016, Stack Sports has completed 26 acquisitions of market-leading
sports technology companies. To learn more about how Stack Sports is
transforming the sports experience, please visit stacksports.com.
Fiserv, Inc. (NASDAQ:FISV) enables clients worldwide to create and
deliver financial services experiences in step with the way people live
and work today. For 35 years, Fiserv has been a trusted leader in
financial services technology, helping clients achieve best-in-class
results by driving quality and innovation in payments, processing
services, risk and compliance, customer and channel management, and
insights and optimization. Fiserv is a member of the FORTUNE® 500
and has been named among the FORTUNE Magazine World's Most Admired
Companies® for five consecutive years, recognized for
strength of business model and innovation leadership. Visit fiserv.com and follow
on social media for more information and the latest company news.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190114005441/en/
Source: Fiserv, Inc.
Director, Public Relations
Manager, Public Relations