The PayMongo Wallet is a secure way to store your money and a one-stop shop for all your financial cash flows that meet your business needs. 🌱
⚠️ The PayMongo wallet is only available as an early-access feature to selected merchants for now. We'll keep you posted for further updates on access to this feature! 👀
Here's a peak on the new PayMongo Wallet dashboard 🔍
You can access and monitor all wallet activity in a single dashboard window.
How can I get a PayMongo Wallet? 💳
Once selected for early access, you'll be able to view the Wallet page on the dashboard sidebar, and activate your wallet after signing the Statement of Acceptance - only 2 steps to activate your PayMongo Wallet with ease!
Access your Wallet dashboard via your PayMongo dashboard.
Then sign the Statement of Acceptance shown to get started!
⚠️ Note: Only authorized representatives can sign the statement of acceptance. In case of non-conformity, your PayMongo Wallet will be frozen.
Here's additional FAQs that you may want to take note of for this feature ✍️
I'm using the PayMongo Payment Gateway. How do I receive my payments?
Receiving customer payments still depends on the payment availability and your payout schedule. Learn more about payment availability
I'm using the PayMongo Payment Gateway. Where do I receive my payments?
After being issued a Wallet, payments will go directly to your PayMongo Wallet on your usual payout schedule.
Can I send funds to multiple bank accounts?
Yes, you can! Check this article for a step-by-step guide.
How much is every InstaPay or PesoNet transaction for PayMongo Wallets?
Each transaction or transfer for both InstaPay and PesoNet will have a fee of Php 10.00.
Why was my wallet frozen/Why can't I access my wallet?
Kindly contact [email protected] for further assistance.
Can I issue a wallet to our sub-merchants?
Yes, but this is only available via API integration for now. Kindly reach out to [email protected] to request configuration.