Payments
How card payment processing works: steps, participants, fees, and settlement
Learn how card payments move, which parties are involved, what fees apply, and what to consider when choosing a payment processing provider.
Payments
Press Releases
Payment Labs launches mobile app for iOS and Android
Payment Labs has launched a mobile app for iOS and Android, giving people and businesses a convenient way to manage payments to and from organizations using Payment Labs. The app is designed for athletes, competitors, creators, contractors, vendors, and others who receive payments from or pay fees to organizations using
Payments
Working with SEPA payments: SEPA transfers, countries, and instant payment rules explained
SEPA standardizes how euro payments move across participating jurisdictions. This guide explains the main SEPA payment schemes, clearing and settlement, access models, indirect participation, and the operational limits businesses need to know.
Payments
Guide to 1099 compliance for work with athletes, agencies, and collectives
Let’s say your organization pays hundreds of athletes, esports participants, creators, and contractors in the U.S. and abroad. Many of these payments are covered by Forms 1099-NEC and 1099-MISC and become reportable once they reach $2,000 during the calendar year. The right form depends on the payee,
Payments
Payment compliance requirements: how businesses can safely accept payments and send payouts
Small gaps in onboarding, documentation, screening, or provider setup quickly turn into frozen accounts, delayed payouts, and audits. This guide covers key regulations, AML/KYC requirements, compliance workflows, frozen-account risks, and provider features to review before moving money at scale.
Creators
6 Tax Deductions for Streamers and Pro Gamers: What You Can and Can’t Write Off
If you’re a streamer or pro gamer, you likely file your taxes as an independent contractor. If that is the case, there are tax deduction that you can make.
Payments
How to reconcile payments across multiple systems in sports, esports, and creator economy
Your dashboard shows strong sales, ticketing reports are up, sponsorship invoices are in, and payouts are scheduled. Then you open your bank accounts. Some payments haven’t landed yet. Others are affected by exchange rate fluctuations. A few don’t match anything in your system at all. Now you’re
NIL
NIL and the right of publicity regulations - how to make compliant NIL payments across industries
The right of publicity is the umbrella term that covers one’s legal right to control the commercial use of their name, image, and likeness. The term NIL (Name, Image & Likeness), however, gained mainstream momentum in 2021 when the NCAA (the National Collegiate Athletic Association) reversed a longstanding policy
Payments
Fedwire and CHIPS – All You Need to Know about Large Transactions in the US
Fedwire and CHIPS (Clearing House Interbank Payments System) are both cornerstone parts of the local payment rail system of the USA.
Payments
Generic vs specialized payment infrastructure for global and non-standard business models
Payments feel like a solved problem until the needs of a business expose the limits of a payment provider. At that point, they stop being an invisible utility and start becoming an operational obstacle. As volume and complexity increase, teams are forced into manual workarounds, global payments get more expensive,
Payments
How money moves through the U.S. payment rails and how FBO accounts speed transactions up
Sometimes business payments show up in the payee account almost instantly. Other times, it takes both you and the payee days or even weeks of frustrating financial limbo, with no idea where your transaction got stuck. It may feel like a lottery, but it isn’t. How fast a payment
Digital Payments
Choosing a payout platform for domestic and cross-border payments
Every payment your business makes goes through a labyrinth of systems and parties before it reaches the recipient. And after it does, the lifecycle goes on to maintain neat records of every transaction and report them accurately and timely to the tax authorities . Being able to delegate all this work