Financial trust is the backbone of any multi-sided operating system. Across 90,000+ athletes verified through sports organisations, 100+ institutions, and 257+ brand partners, KIBI Sports processes five distinct financial flows — academy coaching fee plans, tournament entry tickets, Two-OTP protected specialist/venue bookings, zero-commission athlete crowdfunding, and multi-brand equipment commerce — on regulated, PCI-DSS compliant Indian payment rails (Cashfree Payments, Razorpay, and PayU).
Complete Financial Matrix: How Money Flows Across Every KIBI Module
| KIBI Module | Payer | Recipient | Platform Fee / Split | Settlement & Buyer Protection Rule |
| :--- | :--- | :--- | :--- | :--- |
| 1. Academy Fee Plans (/institutions) | Parents & Trainees (UPI / Card / Net Banking) | Academy's Verified Bank Account | Rs 0 SaaS subscription until 31 March 2027 | Automated WhatsApp payment links, coupon support & instant digital GST receipts |
| 2. Free Tournaments (/events) | Free for Athletes | Organising Institution | 0% Platform Fee | Instant signed QR pass & digital certificate |
| 3. Paid-Entry Tournaments (/events) | Athletes / Teams (0% surcharge) | Organising Institution | 10% Platform Fee on paid ticket value | Automated gateway reconciliation & settlement statement |
| 4. Pro Services & Venues (/pro-services, /venues) | Athletes & Parents | Certified Coach, Physio, Nutritionist or Venue | 85% to Provider / 15% Platform Fee | Collected at booking, paid out after atomic START OTP + END OTP confirmation; 100% no-show refund cover |
| 5. KIBI Matchday (play.kibisports.com) | Community Players | Group Organiser's Own UPI / PayPal | 0% KIBI Commission | Direct peer-to-organiser payment at RSVP; KIBI never holds match fees |
| 6. Athlete Crowdfunding (/fundraise) | Donors & Backers | KYC-Verified Athlete / Academy | 0% KIBI Platform Fee | Contributions settle directly to the fundraiser's bank account; KIBI does not hold funds |
| 7. Equipment Store & B2B (shop.kibisports.com) | Retail & Institutional Buyers | KIBI Sports Pvt. Ltd. (GSTIN: 29AAICK3153F1ZI) | Consolidated HSN 9506 GST Invoicing | 7-day return policy on eligible items + 12-digit Bank ARN / UPI UTR refund traceability |
Engineering Highlights of the KIBI Payment & Refund Stack
- Idempotent Webhook & Failed-Refund Retry Engine: Every payment and refund webhook from Cashfree Payments and Razorpay is verified via cryptographic HMAC signatures and idempotency keys, with automated retry recovery if a downstream bank rail temporarily times out.
- Atomic Two-OTP State Transitions: On Pro Services and Venue bookings,
END OTPcompletion executes inside an atomic database lock so a session can never be double-settled. - Verifiable 12-Digit Bank ARN / UPI UTR Refunds (/refund-policy & /reviews): Every approved refund returns to the original payment rail with a bank-verifiable reference number rather than locked store credit.
Explore our full commercial schedule at /pricing (or machine-readable at /pricing.md), or reach our support team on WhatsApp at +91 80502 97151 (SaaS) / +91 76194 08001 (Marketplace).