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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 this week

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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