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What are the transaction fees, rates, and charges?
What are the transaction fees, rates, and charges?
Pam avatar
Written by Pam
Updated over a month ago

We want to make it as easy as possible for businesses to get started with the PayMongo platform! We do not charge any set-up fees or monthly fees to use our service.
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We only go by a per-transaction rate with the following:
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🚨 Starting July 31, 2024, Card Installments will be temporarily unavailable due to a system transition by our payment partner. We apologize for the inconvenience and will notify you once it's back online. 🚨
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Other payment methods will remain unaffected.


Card payments

Straight Visa/Mastercard Card Payments: 3.5% + β‚±15

Card Installments via Security Bank, AUB, and Landbank:

  • 3 months - 4%

  • 6 months - 6%

  • 12 months - 12%

All payments from non-Philippine issued cards will be charged an additional 1% cross-border fee. In the dashboard, we will be adding clear indicators as to the origin of the payment and, if any, the corresponding cross-border fee associated with it.


Buy Now, Pay Later

BillEase: 1.5%


E-wallets

GCash: 2.5%

GrabPay: 2.2%

Maya: 2%


Online Banking

BPI: 0.8% or β‚±15

UBP: 0.8% or β‚±15


Online Banking via Brankas

BDO: 0.8% or β‚±15

Metrobank: 0.8% or β‚±15

Landbank: 0.8% or β‚±15


QR Ph

QR Ph: 1.5%

You will only get charged when you make a successful transaction with us.
Check out our pricing page for the pricing calculator.


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