VS.

PayPal Hyperwallet Alternative for Cross-Border Business Payins and Payouts

Companies switch to Payment Labs to reduce costs, automate compliance, and scale global payment operations with less manual work.

Payment Labs vs PayPal Hyperwallet

Feature
Reduced payout holds/risk reviews
Lower transfer fees
Number of currencies supported	150+	50+
Lower FX costs
Bulk payouts (scheduling / recurring / conditional payout logic)
Unified payin and payout infrastructure
Live personalized team support
Dedicated Slack, WhatsApp, and iMessage support
Files tax forms directly with the IRS
Backup withholding calculation and remittance automation
Upfront KYC / KYB onboarding flow
W-9/W-8 tax form collection and validation
Multi-country tax form handling
Gaming/esports/prize payout support workflows
Creator economy payout workflows

Purpose-built for modern payout operations and high-growth industries

Payment Labs replaces fragmented tools and manual processes with a unified platform for payins, payouts, tax handling, and compliance.

Lower Cost of Global Payments

Reduce your cross-border payout costs across 180+ countries and 150+ currencies with optimized currency exchange, minimal transaction fees, and no unnecessary overhead.

Scale Payment Operations

Automate reconciliation and streamline large-scale payouts with batch approvals, scheduled payments, and automated workflows that remove manual coordination.

Automated Tax Compliance

Collect, validate, and manage W-9 and W-8BEN forms during onboarding, automate backup withholding, and generate year-end tax forms to stay compliant on autopilot.

Dedicated Payment Support

A dedicated support team is available for both your staff and payees, with direct Slack, WhatsApp and iMessage access and rapid issue resolution.

A complete platform for onboarding payees, moving money globally, and staying compliant

Don't Take Our Word for It

Here's what industry leaders who rely on Payment Labs have to say.

"Their platform's security, incomparable customer success team, and easy onboarding ensured we could focus on running an elite competition and not fret over payments. Working with Payment Labs helped us rest easy. Our athletes were able to get paid quickly and compliantly, no matter which country they are from."

Brad Florian
Director Global
Business Operations

"Payment Labs has transformed our prize money payouts at the Arnold Sports Festival. The speed of the payouts is incredible. What used to take us months is now completed in record time. This platform has saved us time and hassle, even allowing us to automate our tax compliance."

Brent LaLonde
Arnold Sports Festival
Event Organizer

"Payment Labs has been a great partner in enabling our growth and making sure that our tournaments, which take months to plan out, don't end on a bad note with a bad prize payment experience on the tail-end. Payment Labs' platform and customer success team is core to our goal of building a digital-first, scalable modern finance organization to support our rapidly-growing business."

Tom Webb
Chief Marketing Officer

Payment automation tailored to your business

See how Payment Labs unifies payins, payouts, and tax reporting in one system.