PaidUp charges a percentage of all payments we process. So if you still take cash and checks, we don't get paid on that. Our incentives are aligned. We get paid when we get parents to pay.
The PaidUp fee is dependent on how much you charge per season and how many installments.
Schedule a demo with us and we will show you how you can get PaidUp at no additional cost for your club.
We will deposit money into your bank account 2 business days after we process a payment. For example, if we process payments on Monday, you get a payout on Wednesday. If we process a payment on Friday, Saturday or Sunday, you get a payout on Tuesday (since weekends are not bank business days). All deposits you get are already net of fees.
We also provide you with a cashflow report so you know exactly when you are going to get paid. Since we manage all customer payments in our system, you can manage your budget based on when you get the deposits to pay coaches, tournaments, facility fees, etc.
We do everything we can to make sure that parents have the flexibility to make payments, whether that's splitting payments, moving dates around or anything else you approve us to do. Our team contacts parents via email, phone, chat and SMS to get them to pay. If after 30 days, we still cannot collect from the parent, we ask for your help to withhold services from the athlete to get the parent to engage with us. That could be benching a player, withholding a uniform, etc.
We don't get paid unless we process a payment so we will do our best to get a parent back on track. Historically, we've gotten 98% of all the money our clubs have asked us to collect, ONLY when PaidUp is managing all payments (meaning you stop taking cash and checks).
We want to grow with you as you become more successful. We have clients charging $500 per season all the way up to $5,000+ per season. From 3 teams all the way up to 25+ teams. We can make an impact on a club of any size.
Yes. Of course you can but the reason that you came to PaidUp is to get out of the collections business. While most clubs start off using PaidUp to process payments online and accepting cash and checks from parents, by the second season nobody wants to deal with offline payments and tell parents that the only way to pay is via PaidUp.
PaidUp does not charge any money for cash and checks that you take however, this is not captured on your dashboards since we only show you money that comes through our system.