Payment
Understand payment options on Checkmate. Learn about supported methods, transaction processes, and security measures for online chess transactions.
Checkmate accepts the following payment methods
Mastercard
Visa
Ether
USDC
Additional payment options will be added as they are made available.
Checkmate uses SMS OTP for payment confirmations. When you make a payment on Checkmate.live using a credit card or USDC, Wert.io handles the transaction as the merchant of record, ensuring secure and smooth processing. For ETH payments, direct transactions are available. See here for for details on country coverage and payment options.
Platform fees
What
Description
Card Battle
10% fee
Checkmate Marketplace
10%
Secondary Marketplace
10% + marketplace fee
Payouts
10%
Gas
Minting collectables is an optional extra Gas Fees from minting and any applicable third-party transaction fees are the responsibility of the user.
Third-party
As applicable
Verification levels & requirements
Once registered, You can make purchases up to:
$5000 without uploading any docs (simplified KYC)
Once, verified make purchases up to:
$21,000 weekly when docs uploaded (full KYC)
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