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STRIDER and PayPal Collaborate to Expand Digital Payments Across Equestrian Sport [Yahoo! Finance]
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US:NASDAQ Investor Relations: investor.paypal-corp.com
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 market . 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
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