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The #1 Platform
for Paying Out Prize Money

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

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Trusted by Industry Leaders
MicrosoftSEGAXGamesAVPACLCOPAGArnoldSportsCueSportsAppMediaNugSymphonyKraftonLiquidDogsBlueMammothEvoUbisoft
Discover Our Benefits

10X Your Accounting Teams Output

5x Faster Payouts
90% Lower Cost than Other Payment Solutions
100% Automated Tax Compliance
Global Payouts in 150+ Currencies Across 180+ Countries
You Provide Winners’ Email, We Handle Everything Else
Prebuilt Integrations and Robust API
Worldwide Fraud Prevention
Unmatched Support for Prize Winners

Protect Against Fraud

Our all-in-one platform detects frauds, provides data security, regulatory compliance, and transaction monitoring.

The Best Payment Support

Real-time assistance through Slack customer channel and dedicated prize winner support.

Prize Money We Payout

Sports

Professional League Prizes
Amateur League Awards
Tournament Winnings
College Sports Championships

Esports

Professional League Tournaments
Amateur Gaming Competitions
Fighting Game Championships
Streaming Competitions
College Esports Events

Contests & Competitions

Hackathons
Startup Pitch Competitions
Dance Competitions
Chess & Board Game Tournaments
Professional Skills Competitions

Why We're Better Than the Competition

Fast and Secure Payments

Set up payments in seconds while we take care of security, fraud prevention, and all payment issues.

Payment Methods

Bank transfers, instant transfers, digital wallets, prepaid debit cards and more.

Save Time

Your team only needs to provide the email and amount and we take care of everything else.

Taxes

Our platform collects W-9 and W-8 information, manages IRS remittance, and generates 1099 and 1042-S forms.

Don't Waste Time
Paying Out Prize Money.
Let Us Handle It For You.

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A quick and easy experience that allows us to pay our competitors from around the world efficiently. Managing international payments, keeping current on tax and compliance requirements, and onboarding our winners is a challenging process that the Payment Labs platform solves.
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RICK THIHERGeneral Manager, EVO
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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
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AMY KANEGeneral Manager, CSI
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Why our customers love us