The #1 Platform for Paying Out Prize Money

Instantly pay prize money winners worldwide.
We handle currencies, taxes, and make global payouts frictionless.

The Challenge of Prize Payments

Managing prize payments is challenging, with delays, compliance risks, and high fees. Tournament organizers and teams struggle with:

Athlete payment challenges illustration

Administrative Burden

Collecting information, managing payments, and providing support takes too much time

Payment Delays

Athletes waiting weeks or months for compensation creates unnecessary financial stress and relationship strain

Regulatory Complexity

Navigating ever-changing regulations, tax requirements, and compliance frameworks is difficult

Cross-Border Complications

International athletes face excessive fees, unfavorable exchange rates, and transaction delays

Prize Payment Platform

With Payment Labs, you can streamline your prize payments infrastructure - ensuring players, teams, and staff get paid quickly, securely, and in their preferred currency.

Make Payments Simple

Streamline complex payment structures including prize money distribution, appearance fees, and recurring compensation with automated workflows and batch processing for tournament payouts.

Desktop

Global. Affordable. Fast.

Facilitate instant payments to student athletes worldwide (over 150 currencies and 180+countries) with optimized currency conversion and significantly reduced international transfer fees.

Payment Labs Global

Prize Payments Dashboard

Provide esports athletes with a dedicated dashboard to select preferred payment methods, track payments, access tax documents, and manage their financial information securely.

Iphone

Compliance Management

Our platform automatically applies the tax and regulatory requirements across all payment types and jurisdictions, minimizing compliance risk.

Taxes Card
Payment Labs illustration
WHO IS IT FOR?

Payment Labs is designed for sports organizations, federations, and event organizers that need a reliable, scalable, and secure way to manage payments. Whether you're paying tournament winners, student athletes, or event staff, our solution is built for:

  • Professional & Amateur Sports Leagues
  • National and International Sports Federations
  • Contests & Competitions
  • Hackathons, Startup Pitch Competitions, Dance Competitions, Professional Skills Competitions
  • Sporting Events Organizers & Operators
OUR BENEFITS

Maximize Your Team's Performance With Our App

Start your journey with Payment Labs – the reliable choice for prize payouts and revenue sharing.

Are you an athlete struggling to get paid?

*Required Fields

Athlete payment assistance illustration

Hear Why Payment Labs Is the #1 Solution
#1 Payout Solution for Prize Payments

The prize winners at our Vegas Expo felt more secure using the Payment Labs platform, were happy with the speed of the payments, and told us using the platform was easy

Amy Kane

General Manager

Company logo

Trusted by Industry Leaders
MicrosoftSEGAXGamesAVPACLCOPAGArnoldSportsCueSportsAppMediaNugSymphonyKraftonLiquidDogsBlueMammothEvoUbisoftSnow League
GET STARTED NOW

Transform Your Prize Payment Operations

Instant, Secure Payouts

Ensure prize winners receive funds on time, every time in 150+ currencies across 180+ countries.

Compliance Built-In

Automate tax form collection, withholdings, and reporting to stay compliant with global regulations.

Scalable & Automated

Eliminate manual payment processes and free up your team's time for higher-impact tasks.

Athlete-Preferred Payment Methods

Pay via bank transfers, digital wallets, and prepaid cards to offer flexibility and convenience.

Transparent Fees

No hidden costs. Low, predictable pricing that works for organizations of all sizes.

Get Started Now

See how we can transform your athlete payment process.