Collecting Tax Forms Takes Weeks
Your team can spend weeks emailing and calling contestants for Forms W-9 and W-8, identification, and bank information. A few missing details can delay the entire payment cycle.
We Know Where Rodeo Payments Get Stuck
Final results still leave your team with prize payouts across go-rounds, averages, finals, divisions, and side pots plus payments to officials, contractors, and crews. Tax forms, bank details, checks, payment questions, and reconciliation add even more work.
Hundreds of Checks or Bags of Cash
Writing and handing out hundreds or thousands of checks takes too much time. Bringing bags of cash onsite is risky, while lost and uncashed checks create more work after the event.
Sending Payments One by One Takes Too Long
Outdated systems can leave your team entering contestants and payout amounts individually, then moving the same information between event software, spreadsheets, and bank portals.
Tax and Withholding Mistakes Create IRS Risk
Contestants may require different tax documentation, withholding, and reporting. Getting it wrong can delay payments and expose your organization to IRS penalties.
Payment Questions Drain Your Team’s Time
“Where is my payment?” “What forms do I need to fill out?” “Which payment method can I use?” Your team keeps answering the same questions long after the rodeo ends.
International Payments Are Complicated and Expensive
Paying contestants and contractors in other countries adds tax forms, banking requirements, currency conversion, transfer fees, and another payment process for your team to manage.
Let Payment Labs Automate and Simplify Your Rodeo Payments
Payment Labs automates all the manual processes that keep your team busy before and after an event, from collecting contestant information to sending payments and answering payout questions.
Give Payees a Self-Service Dashboard
Contestants and other payees can complete onboarding, submit tax and bank information, choose payment methods, track payouts, access tax documents, and update their details.
Information Verification
We validate and verify payee information as they onboard to minimize payment errors and payment returns (less than 1% of first payment attempts).
Manage Entry Fees and Batch Payouts with Reporting
Collect entry fees, import finalized results, approve prize amounts, and send payouts in batches. Track pending, delivered, and returned payments from one dashboard.
Offer Fast, Convenient Payment Methods
Let payees choose bank transfers, instant transfers, prepaid cards, and digital wallets to replace writing checks or bringing cash onsite.
Make International Payments Simpler
Pay people across more than 180 countries and 150 currencies. Payment Labs routes each payment with proper regulatory compliance to reduce the cost and complexity of sending money internationally.
Automate Withholding and Tax Filing
Collect and validate Forms W-9 and W-8, apply required withholding, manage remittance, and support Forms 1099 and 1042-S reporting and filing.
Give Payees Real Human Support
Contestants and other payees get 24/7 professional help with onboarding, missing information, and payment questions through the web app, email, iMessage, and WhatsApp so your team doesn’t have to.
One payment platform to collect entry fees and send payouts across individual rodeos, jackpots, multi-day events, circuits, tours, qualifiers, and finals.
TRUSTED BY INDUSTRY LEADERS
Trusted for Fast, High-Volume Sports Payouts
Payment Labs helped the Association of Pickleball Players scale payouts across its growing tournament program
$6M+
In prize money paid
800+
Athletes paid
300+
Tournaments supported
48H
Prize money delivered within
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.
BRAD FLORIAN
X Games
Director Global Business Operations
