Insights and perspectives About Global Payments
Exploring topics, tips, and trends in the world of global and compliant payments.
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IBAN Payments – One Payment Standard to Enter 87 Countries and Territories
The financial world strives for unification and standardization to handle enormous transaction volumes faster and with fewer mistakes. In that light, the Swift network and the IBAN standard are the two most important global payment initiatives that stand as monuments to trade globalization over the last 50 years. So right… Read More
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Swift Payments vs Local Payment Systems – Cross-Border Transactions Choice Made Simple
It’s a good time to be in business if you need to make a lot of cross-border payments. The global financial infrastructure of today has a wide selection of payment rails you can use to move your money around the world. However, in most cases, international payments come down to… Read More
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Prize Payments Announces Partnership With DreamHack to Accelerate Tournament Payouts
LOS ANGELES, CA, September 9, 2020 – Prize Payments, the leading payment solution for esports and gaming, today announces a partnership with DreamHack, the premier gaming lifestyle festival, to pay tournament winnings. DreamHack is using its new Community Clash events to pilot the Prize Payments platform for wider integration into their… Read More
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Prize Payments Crosses Million-Dollar Mark With Improved Platform
LOS ANGELES, CA, September 24, 2020 – Prize Payments, the leading payment solution for esports and gaming, today announces they have paid out over $1.5MM in prize money with their newly revamped platform and have an additional $1.5MM in committed prize money for 2020. Prize Payments delivered payments in 29 currencies… Read More
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Why do you need my bank information?
After spending countless hours preparing for a tournament and finally securing a big win, it can seem unnecessary to have to provide your personal and banking information just to get paid. You might wonder why you can’t cash that oversize check you just received or just get a stack of… Read More
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Traditional paychecks are becoming as obsolete as DVDs
The days of receiving paychecks in the mail are over. The digital marketplace has altered the workforce and upended traditional payroll structures. With growing work flexibility, today’s employees, contractors, freelancers, creators, and influencers seek payout methods that meet their unique needs. And their value to payers has given them greater… Read More
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Why is Esports Prize Money Taxable in Certain Countries
Regardless of the title you are competing in, it is exciting and rewarding to win prize money in an esports tournament. However, when it comes time to do your end of year taxes, it may be confusing to know whether or not to report your tournament earnings or how to… Read More