How do Payments to Partners work on Playo?

Modified on Fri, Jun 20 at 11:19 AM

Playo Payment Flow

User Makes Booking & Payment

User books sports facility/service through Playo platform and pays the full Booking Amount via bank account, credit card, debit card, or mobile wallet.

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TechMash Collects & Deposits Payment

TechMash (Playo) is authorized to collect the entire Booking Amount on behalf of the Company. Payment is deposited into TechMash's banking account after payment gateway charges are deducted by payment gateway partners.

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Service Fees & Deductions

TechMash deducts Service Fees (as outlined in Engagement Proposal) and any other amounts due from the Company before calculating the Net Payment.

Weekly Remittance

Net Payment remitted to Company's account with detailed transaction report

Service Fee Deduction

Service fees deducted from each payment for TechMash services

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Net Payment Transfer to Company

Net Payment (Booking Amount minus Service Fees, gateway charges, and other deductions) is credited to the Company's designated bank account with detailed transaction report showing all deductions.

Payment Cycle Schedule

Weekly payments for bookings from Monday to Sunday
Net Payment credited every Thursday of the following week
(or next working day if Thursday is a banking holiday)
Includes detailed transaction report with each payment

GST & Tax Information

Important: All amounts payable to TechMash are exclusive of GST and other similar taxes/surcharges/cess.

All amounts charged by TechMash will be invoiced together with applicable GST and other similar taxes as per regulations.

Monthly Service Fee Invoice

TechMash provides a monthly invoice at the end of each month to the Company for record and reference purposes.

Invoice Details: Total Service Fees deducted by TechMash during the month