Secure Global
Payouts for Esports

A comprehensive solution designed to meet the diverse needs of esports tournaments worldwide

No need to struggle with
payouts anymore

No need to struggle with payouts anymore

With support for over 70 currencies to 175 countries, robust security measures, efficient processing, and dedicated customer support, our software ensures seamless and hassle-free payouts for all users.

We provide full banking compliance, anti-money laundering and counterterrorism compliance, as well as tax compliance.

Features

Multi-Currency Support

Our payout software supports over 70 currencies to 175 countries and all that without the hassle of currency conversion.

Secure Transactions

Our software employs robust encryption and security measures to ensure that all payouts are processed securely, protecting sensitive financial information from unauthorized access.

Flexibility & Accessibility

Organizers can customize payout options based on tournament requirements, while participants can choose their preferred payout method.

Banking compliance

We are compliant with international banking regulations to ensure security for all financial transactions, fostering trust through our commitment to integrity and transparency.

Anti-money laundering

We employ robust measures to detect and prevent illicit financial activities, ensuring compliance with regulatory standards through advanced monitoring systems and stringent protocols.

Counterrorism

We’re dedicated to global security, actively preventing exploitation of the platform for terrorism-linked illicit activities. We use advanced algorithms and vigilant monitoring to ensure a secure environment for all users.

Transparent Reporting

Our software provides detailed transaction histories and reports, allowing organizers to monitor payouts effectively and maintain financial transparency.

Efficient Processing

Whether it’s distributing prizes or handling registration refunds, our platform streamlines the entire payout process, saving time and effort for both organizers and participants.

Customer Support

We offer dedicated customer support to assist users with any inquiries or concerns they may have, ensuring a smooth and satisfactory experience for all.

Sanctions

Screening transactions diligently for international sanctions compliance, we use advanced technology and comprehensive monitoring to prevent inadvertent involvement in prohibited financial activities.

Identity verification

We require full identity verification for financial transactions, enhancing platform security and maintaining user trust through stringent processes that mitigate fraudulent activities.

Tax compliance

We make tax compliance easy for you by handling all tax paperwork for relevant users and file all necessary documents on your behalf.

Multi-Currency Support

Our payout software supports over 70 currencies to 175 countries and all that without the hassle of currency conversion.

Secure Transactions

Our software employs robust encryption and security measures to ensure that all payouts are processed securely, protecting sensitive financial information from unauthorized access.

Flexibility & Accessibility

Organizers can customize payout options based on tournament requirements, while participants can choose their preferred payout method.

Banking compliance

We are compliant with international banking regulations to ensure security for all financial transactions, fostering trust through our commitment to integrity and transparency.

Anti-money laundering

We employ robust measures to detect and prevent illicit financial activities, ensuring compliance with regulatory standards through advanced monitoring systems and stringent protocols.

Counterrorism

We’re dedicated to global security, actively preventing exploitation of the platform for terrorism-linked illicit activities. We use advanced algorithms and vigilant monitoring to ensure a secure environment for all users.

Transparent Reporting

Our software provides detailed transaction histories and reports, allowing organizers to monitor payouts effectively and maintain financial transparency.

Efficient Processing

Whether it’s distributing prizes or handling registration refunds, our platform streamlines the entire payout process, saving time and effort for both organizers and participants.

Customer Support

We offer dedicated customer support to assist users with any inquiries or concerns they may have, ensuring a smooth and satisfactory experience for all.

Sanctions

Screening transactions diligently for international sanctions compliance, we use advanced technology and comprehensive monitoring to prevent inadvertent involvement in prohibited financial activities.

Identity verification

We require full identity verification for financial transactions, enhancing platform security and maintaining user trust through stringent processes that mitigate fraudulent activities.

Tax compliance

We make tax compliance easy for you by handling all tax paperwork for relevant users and file all necessary documents on your behalf.

Apart from our payout software, we offer other unique features, too

Transparent Financial Management for Tournaments

Transparent Financial Management for Tournaments

Streamline payouts & ensure efficient and hassle-free financial transactions for all participants, with incredible benefits.

  • Lighting fast payouts. Winners receive automated payouts in their Ignite Tournaments wallet within 24 hours of the tournament completing. They won’t have to wait for weeks for payouts to be sent.
  • Get paid in native currency. Winners can opt to get paid in 70 different fiat currencies (USD, EUR, etc.) directly to a bank account, a virtual or physical debit card (U.S. only), or pick up cash from one of our 500,000 cash pickup locations worldwide.
  • Diversify crypto payouts. Winners can choose from 15 different cryptocurrencies with flat rate withdrawal fees that aren’t impacted by network congestion.
  • Save money on fees. For winners outside of the U.S. who opt into receiving fiat, our currency conversion fees are considerably cheaper than PayPal, which means they’ll get to capture more winnings.

Payout Process

*Payouts can occur as quickly as 24 hours after the tournament concludes.

Ignite Tournaments will create a payout tournament for you once the prize pool is funded via secure escrow

You provide competitors with a custom invite link to the payout tournament

Competitors join the payout tournament using the Ignite Tournaments app

After the official tournament ends, you send the usernames of winners to your Ignite Tournaments account manager

Your Ignite Tournaments account manager confirms the winners in the app

Winnings are automatically deposited in the user’s Ignite Tournaments wallet

Winners request withdrawal of funds and undergo identity verification

Winners select their payout currency and connect their bank account or wallet address, then receive their payout

Ignite Tournaments will create a payout tournament for you once the prize pool is funded via secure escrow

You provide competitors with a custom invite link to the payout tournament

Competitors join the payout tournament using the Ignite Tournaments app

After the official tournament ends, you send the usernames of winners to your Ignite Tournaments account manager

Winners select their payout currency and connect their bank account or wallet address, then receive their payout

Winners request withdrawal of funds and undergo identity verification

Winnings are automatically deposited in the user’s Ignite Tournaments wallet

Your Ignite Tournaments account manager confirms the winners in the app

Why work with
Ignite Tournaments?

We’re built specifically for esports tournaments payouts. All you have to do is decide how much money you want to pay to winners and what the splits look like and we’ll set up a solution that will automatically pay the winners once the tournament ends.

We can support any game and any platform — mobile, PC, console, we can do it all. We also can work with any tournament software. You’re not required to use us for tournament infrastructure — just use us to automate your payouts and help you stay compliant with banking regulations.

We are certified to ensure that you are compliant with banking, anti-money laundering, and counterterrorism laws. We provide bank-grade identity verification and also handle all tax compliance for you. You’ll never have to chase down W9s and W8-BENs or issue 1099s for your tournament payouts. You also never have to worry about whether or not the payee is a terrorist, on a sanctions list, or may potentially lead to a massive FINCEN fine.

We provide a white glove solution for you and provide a dedicated account manager who will handle all of your concerns, 24/7.

Payouts automatically occur as soon as winners are confirmed on the Ignite Tournaments app, which can happen within minutes. Withdrawals can occur as fast as same day or within 24 hours. Winners can receive their winnings in 70 currencies to over 175 countries at far lower rates than what they would receive via Paypal or other traditional payment methods.

Take your payout experience to the next level

© 2024 Ignite Tournaments

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