We raised $3.5M to accelerate fintech innovation and transform payments globally. 🥳
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payment labs logoVS.PayPal logo

Thinking about moving from PayPal?

Here is why companies are switching to Payment Labs.

Quick
Comparison
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No Frozen Accounts Due to Disputes & Claims
Lower Transfer Fees
Lower Currency Conversion Fees
Number of Currencies Supported150+26
More Global Coverage
Easy to Use Dashboard for both Payees and Payors
Personalized Customer Support
Dedicated Slack Channel for Support
Provide Year-End E-Filing
Provide 1099 Forms to Payees
Files Taxes Directly with the IRS
File & Autoremit Backup Withholdings

A PayPal account can be frozen due to disputes and claims

You will get a team of payment specialists and your own dedicated Slack channel for support anytime.

Cost-Savings
We have lower transaction fees and FX spreads, giving you a cheaper way to make payments.
Expanded Reach
Our platform allows you to accept and make payments immediately in 150+ currencies across 180+ countries. We also have the #1 platform for payments in Brazil and excel at paying out in traditionally hard to pay countries.
Tax Compliance
We file taxes with the IRS and submit backup withholdings on your behalf. All necessary tax forms are digitally collected during payee account registration. We handle year-end tax form submissions.

Choose a Payment Provider With Less Fees That Supports You Better

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Talk to us today about your payment challenges, and let us improve your payment experience.
Don’t Take Our Word for It
Some of the most well-known brands in the world use Payment Labs every day.
Here’s what they have to say:
“Their platform's security, incomparable customer success team, and easy onboarding ensured we could focus on running an elite competition and not fret over payments. Working with Payment Labs helped us rest easy. Our athletes were able to get paid quickly and compliantly, no matter which country they are from.”
Brad Florian
Director Global
Business Operations
“Payment Labs has transformed our prize money payouts at the Arnold Sports Festival. The speed of the payouts is incredible - what used to take us months is now completed in record time. This platform has saved us time and hassle, even allowing us to automate our tax compliance.”
Brent LaLonde
Arnold Sports Festival
Event Organizer
”Payment Labs has been a great partner in enabling our growth and making sure that our tournaments, which take months to plan out, don’t end on a bad note with a bad prize payment experience on the tail-end. Payment Labs’ platform and customer success team is core to our goal of building a digital-first, scalable modern finance organization to support our rapidly-growing business.”
Tom Webb
Director Global
Business Operations
Trusted by Industry Leaders
MicrosoftX GamesAVPAmerican Cornhole LeagueThe Snow LeagueArnold Sports FestivalCueSports InternationalAssociation of Pickleball PlayersProfessional Disc Golf AssociationDisc Golf Pro TourSEGAUbisoftMediaNugSymphony WorkforceKraftonLiquidDogsBlue Mammoth GamesEvoCOPAG