X Games athletes are able to get paid quickly and compliantly, no matter which country they are from.
How Payment Labs Photo credit: X Games Images Transformed Payouts for X Games
X Games, the leader in action sports since 1995, needs significant tech infrastructure to administer prize pools
to their athletes from their major events. Following years of relying on legacy ways of paying out these prize pools,
X Games partnered with fintech startup Payment Labs to handle its prize money payouts to the winning athletes
of their competitions. X Games needed a tool to send fast, compliant, transparent payments to athletes
around the globe. Payment Labs delivered.
Payment Labs worked with the X Games to onboard hundreds of athletes from around the world onto its platform and seamlessly paid each contestant their earnings from the competition. Payments were trackable through Payment Labs’ proprietary platform and their customer success team effortlessly handled
any payment complexities at rapid speed, reducing the time for the athletes to receive their prize winnings
to a few hours or days after finishing their competitions.
- Athletes Paid
- 160
- Countries
- 21
- Currencies
- 12
- Hours Average Delivery
- 43
Benefits
- Global Payments
- Streamlined Process
- Reporting
- Fast Payments
“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 and not fret over payments.
Our athletes were able to get paid quickly and compliantly, no matter which country they are from.”
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