When signing up for cricket through PlayHQ, both players and clubs will need to pay certain fees as part of the registration process. These fees are essential for maintaining the PlayHQ platform, enabling secure payment processing, while introducing and maintaining new features such as flexible payment options.
Below is a detailed breakdown of the current fee structure:
Participant Service Fee
- Amount: 1.49% of the total transaction
- Who Pays: The participant (player or parent/guardian)
- How It’s Applied:
The fee is added to the total transaction amount at checkout.
Example: If the total fee is $200, the participant will pay $200 + 1.49% = $202.98. - Purpose:
- Covers credit/debit card processing costs
- Supports platform maintenance and development
Funds new features like installment or split payment options
Note: This fee is visible to the participant during checkout and is not deducted from the club’s revenue.
Merchant Payments Fee
- Amount: 1.80% of the organisation fee
- Who Pays: The club, association, or sporting organisation
How It’s Applied: Before any funds are disbursed to your organisation, a 1.80% fee is deducted from each fee level associated with the transaction.
Example: If a club charges $200 and there’s a $10 association fee attached:
- Total club and association fee $210
- The club will receive $200 - 1.80% = $196.40
- The association will receive $10 - 1.80% = $9.82
- Purpose:
- Ensures secure fund transfers to clubs, associations, and organisations
- Provides financial reconciliation and reporting tools
- Supports ongoing platform development and enhancements
Note: This fee is not visible to participants and is absorbed by the club.