{"id":6837,"date":"2024-06-21T13:12:19","date_gmt":"2024-06-21T13:12:19","guid":{"rendered":"https:\/\/decentro.tech\/blog\/?p=6837"},"modified":"2024-08-06T07:22:55","modified_gmt":"2024-08-06T07:22:55","slug":"shareplay-case-study","status":"publish","type":"post","link":"https:\/\/decentro.tech\/blog\/shareplay-case-study\/","title":{"rendered":"How Decentro Helped Shareplay Simplify Sports Facility Bookings"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_17 counter-hierarchy\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class=\"ez-toc-list ez-toc-list-level-1\"><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/decentro.tech\/blog\/shareplay-case-study\/#What_is_Shareplay\" title=\"What is Shareplay?\">What is Shareplay?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/decentro.tech\/blog\/shareplay-case-study\/#What_were_Shareplays_Challenges\" title=\"What were Shareplay\u2019s Challenges?\">What were Shareplay\u2019s Challenges?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/decentro.tech\/blog\/shareplay-case-study\/#How_did_Decentro_empower_Shareplay\" title=\"How did Decentro empower Shareplay?\">How did Decentro empower Shareplay?<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/decentro.tech\/blog\/shareplay-case-study\/#Noteworthy_Results_of_this_Integration\" title=\"Noteworthy Results of this Integration\">Noteworthy Results of this Integration<\/a><\/li><li class=\"ez-toc-page-1 ez-toc-heading-level-2\"><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/decentro.tech\/blog\/shareplay-case-study\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n\n<figure class=\"wp-block-image size-large featured-post-img\"><img loading=\"lazy\" width=\"1779\" height=\"1779\" src=\"https:\/\/decentro.tech\/blog\/wp-content\/uploads\/SharePlay_InternalBanner.jpg\" alt=\"\" class=\"wp-image-6846\"\/><\/figure>\n\n\n\n<p>The sports industry is flourishing in India and closed in on a <a href=\"https:\/\/www.linkedin.com\/pulse\/sports-tech-india-favcy-bh7xf\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">market size<\/a> worth Rs 142 billion in 2022.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"3048\" height=\"1156\" src=\"https:\/\/decentro.tech\/blog\/wp-content\/uploads\/SharePlay_Market-size-worth.jpg\" alt=\"Market size of Sports Industry\" class=\"wp-image-6844\"\/><\/figure>\n\n\n\n<p>However, one can argue that the Sports Tech sector here is still in its infancy but is rapidly expanding. Much of this expansion can be attributed to the introduction of booking platforms (sports facilities), fan engagement platforms, e-sports, and fantasy leagues.<\/p>\n\n\n\n<p>Speaking strictly from a sports facilities and infrastructure perspective, Sports infrastructure in India has come a long way in recent years. <strong><em>Opportunities worth <a href=\"https:\/\/www.investindia.gov.in\/team-india-blogs\/building-indias-sporting-future-challenges-and-opportunities-sports-infrastructure#:~:text=There%20are%20opportunities%20worth%20%242.2,international%20standards%20of%20sports%20infrastructure.\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">$2.2 Bn<\/a> are available in the Sports Infrastructure Sector.<\/em><\/strong><\/p>\n\n\n\n<p>The private sector has also recently invested in the country&#8217;s sports infrastructure. Many private organizations are setting up sports academies and centres to promote sports at the grassroots level.<\/p>\n\n\n\n<p>One such player is our customer Shareplay, an online platform for booking sports playgrounds, courts, turfs and venues in the neighbourhood, with the ethos of bringing people together to play sports.<\/p>\n\n\n\n<p>Let\u2019s see how<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"What_is_Shareplay\"><\/span>What is Shareplay?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"2836\" height=\"1358\" src=\"https:\/\/decentro.tech\/blog\/wp-content\/uploads\/Screenshot-2024-06-21-at-6.04.41-PM.png\" alt=\"Shareplay login\" class=\"wp-image-6838\"\/><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.shareplay.in\/login\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Shareplay<\/a> is an online platform that simplifies sports coaching and venue booking for sports academies, schools, and individual players. The platform offers:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"2826\" height=\"922\" src=\"https:\/\/decentro.tech\/blog\/wp-content\/uploads\/Screenshot-2024-06-21-at-6.04.31-PM.png\" alt=\"How Shareplay works?\" class=\"wp-image-6839\"\/><\/figure>\n\n\n\n<ul><li><strong>Sports Coaching Management<\/strong>: Efficiently manage sports coaching operations.<\/li><li><strong>Venue Booking<\/strong>: Streamline booking for schools, venues, and tournaments.<\/li><li><strong>User Engagement<\/strong>: Enable users to book grounds, courts, and turfs, and learn or play sports at reputed academies.<\/li><\/ul>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"What_were_Shareplays_Challenges\"><\/span>What were Shareplay\u2019s Challenges?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1879\" height=\"912\" src=\"https:\/\/decentro.tech\/blog\/wp-content\/uploads\/SharePlay_Key-Challenges.jpg\" alt=\"Challenges of Shareplay\" class=\"wp-image-6840\"\/><\/figure>\n\n\n\n<p>Businesses handling high-volume payments often grapple with the following:<\/p>\n\n\n\n<ul><li><strong>Collections<\/strong>: Struggles with facilitating seamless fund collection and reducing transaction failures.<\/li><li><strong>Reconciliation<\/strong>: Complexities in managing and reconciling transactions across various touchpoints.<\/li><\/ul>\n\n\n\n<p>Shareplay faced challenges in managing large-volume payments and ensuring a seamless user experience when booking and managing sports facilities.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"How_did_Decentro_empower_Shareplay\"><\/span>How did Decentro empower Shareplay?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To enable the collection leg of the operations, Shareplay needed a banking and infrastructure partner who understood the complexities of the heavily regulated finance sector and helped streamline its re-collection services, ensuring transparency and control while maintaining transaction speed.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" src=\"https:\/\/decentro.tech\/blog\/wp-content\/uploads\/CEO-Blog_with-Flow2.0-1-1.jpg\" alt=\"Decentro Flow2.0 value proposition\" class=\"wp-image-6841\" width=\"915\" height=\"333\"\/><\/figure>\n\n\n\n<p>Decentro\u2019s enhanced payment stack, Flow 2.0, centred around UPI Collections enabled it to offer a smooth payment flow and remove any reconciliation hassle.&nbsp;<\/p>\n\n\n\n<ul><li><strong>Swift Collections<\/strong>: Facilitated smoother <a href=\"https:\/\/docs.decentro.tech\/docs\/payments-collections\" target=\"_blank\" rel=\"noreferrer noopener\">UPI collections<\/a> with higher success rates.<\/li><li><strong>Seamless <a href=\"https:\/\/docs.decentro.tech\/docs\/payments-direct-payouts\" target=\"_blank\" rel=\"noreferrer noopener\">Payouts<\/a><\/strong>: Enabled efficient disbursements to coach institutions post-commission deduction.<\/li><\/ul>\n\n\n\n<blockquote class=\"wp-block-quote\"><p><strong><em>&#8220;Shareplay is more than just facilitators of sporting spaces and academies. We aim to play a pivotal role in the growth and development of someone&#8217;s sporting journey right from Day 1, and we need a fintech partner who will enable our vision at scale. Our partnership with Decentro empowers our customers to use digital payments securely and offers convenience, transparency, and flexibility.&#8221;<\/em><\/strong><\/p><cite><strong><em>Shyam Sundar, CEO of Shareplay<\/em><\/strong><\/cite><\/blockquote>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Noteworthy_Results_of_this_Integration\"><\/span>Noteworthy Results of this Integration<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"3040\" height=\"1404\" src=\"https:\/\/decentro.tech\/blog\/wp-content\/uploads\/SharePlay_DecentroXSharePlay.jpg\" alt=\"Outcomes of the Partnership\" class=\"wp-image-6842\"\/><\/figure>\n\n\n\n<p>Decentro\u2019s <a href=\"https:\/\/docs.decentro.tech\/?utm_source=Decentro+Website&amp;utm_medium=Developers+Button+Footer&amp;utm_campaign=Website+Home+Developers+Footer&amp;_gl=1*fdc8ez*_ga*NjY1ODkxMjY0LjE3MTU5MzI1ODU.*_ga_6NBW6WWGPQ*MTcxODk3MjkzOS44OS4xLjE3MTg5NzQxODAuNTguMC4w\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">robust APIs<\/a> have allowed Shareplay to achieve the following results&nbsp;<\/p>\n\n\n\n<ul><li><strong>23%+ Higher Payment Success Rates<\/strong>: Multiple payment modes with higher reliability across UPI and bank transfers.<\/li><li><strong>85% Lower Drop-Offs<\/strong>: Improved customer retention and satisfaction.<\/li><li><strong>Scalability and Efficiency<\/strong>: Achieved a 97% success rate in payouts and reduced collection costs, allowing for scalable operations.<\/li><li>Over <strong>INR 2.14 Cr<\/strong> processed to date&nbsp;<\/li><li><strong>10X<\/strong> faster integration timelines&nbsp;<\/li><li>Decentro\u2019s <strong>multi-channel customer<\/strong> support for any problem resolution<\/li><\/ul>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>With Decentro\u2019s robust payment infrastructure, Shareplay significantly enhanced its payment stack and operational capabilities. This partnership reduced customer drop-offs and improved overall efficiency and success rates, positioning Shareplay for sustained growth and success in the sports facility and infrastructure space.<\/p>\n\n\n\n<p><strong>Ready to Empower the Future of Transactions with Decentro?<\/strong><\/p>\n\n\n\n<p>True financial freedom is about frictionless money flow, enabled by a robust infrastructure that allows you to minimize costs and supports your scale. Explore a world where we help your business, along with the likes of <a href=\"https:\/\/decentro.tech\/blog\/volopay-case-study-expense-management\/\" target=\"_blank\" rel=\"noreferrer noopener\">Volopay<\/a>, <a href=\"https:\/\/decentro.tech\/blog\/dvara-money-case-study\/\" target=\"_blank\" rel=\"noreferrer noopener\">Dvara Money<\/a> and more, move beyond transactions.<\/p>\n\n\n\n<p><a class=\"decentro-homepage-signup\" href=\"https:\/\/decentro.tech\/signup?\" target=\"_blank\" rel=\"noreferrer noopener\">Let&#8217;s Connect<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An in-depth analysis of how Decentro is enabling Shareplay\u2019s collection capabilities, boosting payment rates, and reducing drop offs.<\/p>\n","protected":false},"author":17,"featured_media":6847,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[70],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.7 - 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