ChessNam processes all tournament payments directly through PayMongo, a licensed payment service provider in the Philippines. All transactions are secure, instant, and automatically confirmed.
Our platform enables seamless tournament registration with integrated payment processing. Players pay entry fees through GCash via our secure PayMongo gateway, ensuring fast and reliable transactions with instant confirmation.
Every tournament payment includes:
Entry Fee = ₱X (set by organizer)
Platform Fee = ₱X × 0.075
Subtotal = Entry Fee + Platform Fee
PayMongo Fee = (Subtotal × 0.025) ÷ 0.975
Total Amount = Subtotal + PayMongo Fee
₱250 Entry Fee:
₱500 Entry Fee:
Registering 3 players in different categories:
Automatic refund eligibility:
For payment-related inquiries or issues:
These Payment Terms may be updated to reflect changes in our payment processing, fee structure, or regulatory requirements. Users will be notified of material changes through platform notifications and email.
Last Updated: 10/5/2025