In the sports industry, manual payout processes using checks and outdated methods remain common. This results in slow payment operations and organizers must also handle tax support for winners and answer their payment questions.
We payout prize money worldwide to athletes using the quickest methods. On-site payment support staff are also available.
Automate prize payment operations.
Payment Support professionals to answer athletes questions.
Pay athletes in 180+ countries and 150+ currencies.
Automated tax form collections, withholdings, and statements.
"Over 88% of payees told us that the new electronic payment process was easy. They were satisfied with the timeliness of the payments, felt more secure using the platform, and were overall satisfied. Additionally, the Payment Labs staff onsite were instrumental in our success."