WASHINGTON, June 20,
2024 /PRNewswire/ -- STRIDER, the premier equestrian
booking platform in North America,
today announced it has collaborated with PayPal to innovate payment
processing for United States Pony Club (USPC) events, benefiting
over 475 clubs across the country, through STRIDER's popular "Give
Back" initiative.
As the 2024 Summer Olympics approach in a few months,
the U.S. equine industry is valued at approximately
$177 billion, with equestrian
activities and payments contributing an estimated $5 billion to the market1.
Historically, the absence of a secure and convenient digital
payment solution that shields small businesses and associations
from digital processing fees has stunted industry growth. The
innovative StriderPay payment processing system launched last year,
a collaborative effort between STRIDER and PayPal integrated into
the Strider Entry Platform, effectively addresses this
challenge.
STRIDER's "Give Back" initiative enables participating United
States Pony Clubs to use StriderPay to process digital payments at
a discounted rate across credit/debit cards, Venmo and PayPal,
eliminating the need for clubs to accept time-consuming paper
checks. Through StriderPay, participating clubs can also earn up to
2% back on entry fees. This transition to digital payments not only
broadens access to Pony Club events in the broader community but
also improves revenue generation for clubs, securing their ongoing
success.
Brittanie Webster, Director of
Customer Success Management at PayPal, stated,"At PayPal, we're
thrilled to work with Strider to bring innovative payment solutions
to the equestrian community. We're excited to see the positive
impact this integration will have on the industry,"
Top equine professionals, to include multiple Olympic
equestrians in dressage, show-jumping, and eventing, often credit
competitive events organized by local Pony Clubs as being
instrumental during their formative years, emphasizing the
long-term market impact that such events have.
Natasha Sprengers-Levine, Chief
Operating Officer at Strider, USDF Bronze & Silver Medalist,
and a Pony Club graduate, said, " As someone who has paid by paper
check for Pony Club events, it has been a very rewarding journey
collaborating with PayPal to smoothly transition Pony Clubs over to
digital payments. As we see more attention to equestrian sport with
the upcoming Paris 2024 Summer
Olympics, it's a win-win for all to expand access to the grassroot
competitions."
The Rio Grande Region-United States Pony Club, who recently
converted to StriderPay, has 10 clubs and two riding centers, each
hosting multiple competitive and educational events for riders.
Amy Etheridge, Vice Regional
Supervisor for Rio Grande Region Pony Club, noted, "It's important
for Pony Club to move online. [The Strider Entry Platform]
makes it seamless."
Building on STRIDER's successful entry into the dressage,
eventing, and show jumping markets, this development further
cements STRIDER's role as the industry leader in processing entries
to competitive equestrian events. STRIDER is committed to elevating
the equestrian community and fostering the growth and accessibility
of Pony Club events for riders and enthusiasts nationwide.
About STRIDER
STRIDER is the leading market provider in equestrian sport for
digital entries and payments, supporting over 1.2M equestrians annually with its suite of
innovative software solutions. For information about STRIDER's
products and seamless revenue collection in collaboration
with PayPal, please visit www.striderpro.com.
1https://horsecouncil.org/press-releases/results-from-the-2023-national-equine-economic-impact-study-released/.
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