As a leader in action sports, X Games needed an advanced infrastructure for cross-border prize payouts, simplified tax reporting, and regulatory compliance. Generic payment platforms lacked the flexibility to deliver athlete payments around the globe automatically, whereas Payment Labs is purpose-built for such non-standard payment workflows in fast-growing industries. 

Implementing Payment Labs allowed X Games to seamlessly onboard athletes, quickly distribute prizes, and generate tax documents, both for the organization and contestants. Athletes track payments through their Payment Labs dashboard and receive their prizes within hours or days, where it used to take months. 

The Payment Labs platform and support staff enabled X Games to meet and exceed their payout objectives. The platform freed up the X Games team’s time, reduced stress, and radically cut the number of payment processing errors, making transactions fully transparent, efficient, and cost-effective.