Payment Labs
7 Case Studies
A Payment Labs Case Study
X Games, a leader in action sports, required an advanced solution for managing global prize payouts to its international athletes. The challenge involved the need for a flexible system capable of handling cross-border payments, simplified tax reporting, and regulatory compliance, which generic payment platforms could not adequately provide.
Payment Labs implemented its purpose-built platform to automate X Games' payout workflows. The solution enabled seamless athlete onboarding, rapid distribution of prizes, and automatic generation of tax documents. This resulted in prizes being delivered within hours or days instead of months, with over $6M distributed across 31 countries and 20 currencies, while significantly reducing errors and freeing up internal team resources.
Brad Florian
Director Global Business Operations