Fantasy Football Is Here: Pay Up

Posted by Anthony Mowl in ALL, INTERNET on 08-15-11    1 Comment

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Fantasy football season is finally here! That means people everywhere are joining leagues, preparing for drafts, and coming up with excuses as to why they haven’t paid their league fees yet. There are guys in my league — who shall remain nameless, but everyone knows who you are, Jason and Josh — who have been slow to fork over their money. And it turns out my fantasy football league isn’t the only one with this problem. It’s largely why nobody wants to be the treasurer of our league and assume the responsibility of becoming a debt collector and resorting to harassing emails just to collect a few hundred bucks.

PayItSquare wants to be your league treasurer, and it looks like they rather enjoy the task. They developed a platform that works on top of PayPal that allows you to set up accounts for your league to collect and organize league fees. The premise is pretty simple, believing that transparency will encourage (or pressure) people into paying. It lists everyone in your league, sends out emails, and allows you to see who has paid and who hasn’t. While ideal for fantasy football, it has a variety of other uses. It can also be used to collect dues for team fees for softball leagues, raising money for group gifts for your coach at the end of the season, or paying your share to go to a party. There are many situations where this becomes useful, and the fees are nearly identical to PayPal’s. Every person has to pay 99 cents to use PayItSquare, and those who pay with credit or debit cards are hit with PayPal’s standard 30 cent and 2.9 percent fee. Organizers have the option of passing the fees on to the player or taking it out of the money that comes in. Those who paid in cash or by check can mark their accounts “Paid” free of charge.

It’s easy to register and create events and payment pages, and should never take you more than 5 minutes to create an account and set up a page. You can even pass along your Facebook information to make registration quicker. But based on experience, people are still going to find ways to balk and say they can’t find the link to PayItSquare, or they forgot their password to log in. And by the time these people finally do get logged in, they’re waiting for payday to come around next week before they’ll have the cash to pay. Oh wait, they need new brakes on their car and they’re going to need the next paycheck to buy those. They’ll pay the league fee with their next next paycheck. Cool? I’m on to you guys, Jason and Josh. PayItSquare is too.

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One Comment on “Fantasy Football Is Here: Pay Up”

  • Jeff

    Anthony – you are right, we want to be your treasurer and we do enjoy the task!

    One other convenient feature for commissioners – we have automatic pay reminders, so you don’t have to constantly nag Jason and Josh – we’ll do it for you :)

    Thanks for the write up!

    08-23-11 » 9:23 am »

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