Administrative Burden
Collecting information, managing payments, and providing support takes too much time
Paying athletes in today's complex environment creates significant risks and inefficiencies:
Collecting information, managing payments, and providing support takes too much time
Athletes waiting weeks or months for compensation creates unnecessary financial stress and relationship strain
Navigating ever-changing regulations, tax requirements, and compliance frameworks is difficult
International athletes face excessive fees, unfavorable exchange rates, and transaction delays
Payment Labs provides a comprehensive solution for organizations that compensate athletes at any level:
Streamline complex payment structures including prize money distribution, appearance fees, and recurring compensation with automated workflows and batch processing for tournament payouts.
Facilitate instant payments to athletes worldwide (over 150 currencies and 180+countries) with optimized currency conversion and significantly reduced international transfer fees.
Provide athletes with a dedicated dashboard to select preferred payment methods, track payments, access tax documents, and manage their financial information securely.
Our platform automatically applies the tax and regulatory requirements across all payment types and jurisdictions, minimizing compliance risk.
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:
Start your journey with Payment Labs – the reliable choice for athlete payouts and revenue sharing.
Working with Payment Labs helped us rest easy. Their platform's security, incomparable customer success team, and easy onboarding process ensured that we could focus on running an elite competition andnot fret over payments. Our athletes were able to get paid quickly and compliantly, no matter which country they are from.
Brad Florian
Director Global Business Operations
TRUSTED BY INDUSTRY LEADERS
Ensure athletes receive funds on time, every time in 150+ currencies across 180+ countries.
Automate tax form collection, withholdings, and reporting to stay compliant with global regulations.
Eliminate manual payment processes and free up your team's time for higher-impact tasks.
Pay via bank transfers, digital wallets, and prepaid cards to offer flexibility and convenience.
No hidden costs. Low, predictable pricing that works for organizations of all sizes.