Han Park, CEO of Payment Labs, recently sat down with Esports Insider for an article and podcast on the topic of the esports payment dilemma.
In this article, we’ll focus on AML and KYC risks and advice for 501(c)(3) and 501(c)(6) nonprofits.
The Payment Labs platform is made to solve the unique use case of paying student athletes, and is the best solution for NCAA revenue share payments.
Everything you need to know to understand 1099 and 1042 forms and their use cases.
Let’s say your organization pays hundreds of esports competition participants and contractors around the globe. This means you must file 1099 forms for all the non-employee people and organizations who get more than $600 in total from you during a year. 1099 noncompliance can cost your business significant penalties
Understand what you need to know about foreign exchange (also known as FX, currency exchange, or forex) to run an international business and get the best rates possible.
Here are the main regulations that govern payments, what they control, and who enforces them.
We review the participants of the card payment process, fees associated with different parts of the process, and what to consider when choosing a payment processing provider.
SEPA is a set of regulatory standards and technical infrastructure that harmonizes the majority of euro-denominated debit and credit payments across participating countries.
Fedwire and CHIPS (Clearing House Interbank Payments System) are both cornerstone parts of the local payment rail system of the USA.
What does it take to build a global payments platform from scratch with just a vision and an idea? How do you go about hiring a world-class product team?
The financial world strives for unification and standardization to handle enormous transaction volumes faster and with fewer mistakes.
Global Payments
It’s a good time to be in business if you need to make a lot of cross-border payments.
NIL
The landscape of college sports has changed significantly for student athletes: NCAA student athletes can now earn money on their NIL.
Team
Han Park is an LA-based entrepreneur and investor tackling the global issue that paying people is harder than it should be.
Payments
For over 50 years now, one messaging network has dominated international payments. Swift opened its doors in 1973 and delivered the first message in 1977.
Payments
In the digital age, the way we handle money has evolved significantly. Gone are the days of paper checks and slow, manual processes.
International
If you have ever had to make a payment to individuals in Brazil, you might know that this is not an easy country to move money into.
Payments
The Payment Labs solution now supports prepaid debit cards as a customer payout method. Different individuals may prefer various payment methods.
Compliance & Security
In today’s fast-paced and interconnected business landscape, making payments and conducting transactions with contractors and partners is more seamless than ever before.
International
Oftentimes in banking, you will hear the phrase “payment rail,” and maybe you generally understand what it means in theory, but you may still have questions.
International
When managing payments, it’s essential to recognize the sensitivity of having access to a customer’s personal and banking information and how to secure the process.
Compliance & Security
In the ever-evolving landscape of financial technology, businesses, especially small and medium-sized enterprises (SMBs), are seeking efficient ways to make payments.
Compliance & Security
In the fiercely competitive world of sports, athletes devote countless hours to perfecting their skills, dreaming of that moment of triumph on a global stage.