Payment Labs Wallet lets users receive and hold earnings, track transactions, manage documents, and top up their balance. Payment Labs handles onboarding, tax compliance, and 24/7 support, reducing administrative work for your team.
Without a wallet, payouts, payins, and documents are spread across bank accounts, cards, and inboxes. Athletes, contractors, and fans have no one place to manage them, so they turn to your team.
Sending every payout directly to a bank account ties athletes and contractors to your payment schedule and methods, so they can’t decide when or where their money goes.
Payouts arrive through one system and purchases go through another, so users have no single balance showing what they’ve earned, spent, and still have available.
Without access to balances, transaction history, and direct support, athletes and contractors rely on your staff to check pending earnings, explain deductions, and resolve withdrawal issues.
Receipts, invoices, and tax forms get buried in emails. When someone needs one for an expense claim, a tax return, or a payment dispute, there’s no reliable place to find it.
An incomplete tax form or unfinished identity check can delay a payout. If payees have no clear place to complete those steps, your staff has to explain what’s missing and follow up.
Tax forms, withholding, and reporting vary by payment type and country. Manual processing leaves your team tracking requirements and chasing paperwork after each payout.
Users can receive and hold earnings, choose when and how to withdraw, pay your organization, and manage documents through one account on the web or in the app.
Track onboarding, collect payments, review invoices, and release earnings in one place, with tax compliance and 24/7 user support handled by Payment Labs.
Payees can hold earnings, check pending and available balances, and withdraw when they choose to accounts in 180+ countries. The withdrawal fee and exact amount they’ll receive appear before confirmation.
Account holders can switch between participating organizations and update personal details from one Payment Labs account, on the web or in the iOS and Android apps.
We needed a platform and partner to help us scale our tournament prize payments and deliver a great payment experience for our players and referees. Payment Labs has been a great partner in enabling our growth and making sure that our tournaments don’t end on a bad note with a bad prize payment experience. Payment Labs’ platform and customer success team are core to our goal of building a digital-first, scalable, modern organization to support our rapidly growing business.
Connect athletes, officials, and fans to your league, federation, or event through their own wallet accounts, bringing earnings, purchases, and payment records together.
Explore Sports Payments
Give players, staff, and fans of your tournament, league, team, or publisher their own wallet accounts, with winnings, fees, and records in one place.
Explore Esports Payments
