Payments
How to Minimize KYC/KYB and AML Risks for 501(c)(3) and 501(c)(6) Nonprofits
In this article, we’ll focus on AML and KYC risks and advice for 501(c)(3) and 501(c)(6) nonprofits.
Payments
Payments
The Solution For NCAA Revenue Share Payments
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.
Payments
Guide to 1099 Compliance for Work with Athletes, Agencies, and Collectives
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
Payments
How to Safely Accept and Make Transactions in the Current Payments Compliance Landscape
Here are the main regulations that govern payments, what they control, and who enforces them.
Payments
How Card Payments Work: Transaction Processing and Costs For Your Business
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.
Payments
Understanding SEPA to Leverage Its Payments Infrastructure in Europe
SEPA is a set of regulatory standards and technical infrastructure that harmonizes the majority of euro-denominated debit and credit payments across participating countries.
Payments
Fedwire and CHIPS – All You Need to Know about Large Transactions in the US
Fedwire and CHIPS (Clearing House Interbank Payments System) are both cornerstone parts of the local payment rail system of the USA.
Global Payments
Swift Payments vs Local Payment Systems – Cross-Border Transactions Choice Made Simple
It’s a good time to be in business if you need to make a lot of cross-border payments.
Payments
What Is Swift – All You Need to Know about the Manhattan Project of Global 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
Understanding ACH | The Backbone of Electronic 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
Why Payment Labs is Best Suited to Make Payments to Brazil
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
Payment Labs Now Supports Prepaid Debit Cards
The Payment Labs solution now supports prepaid debit cards as a customer payout method. Different individuals may prefer various payment methods.