Overview

Understanding the services and associated costs of your payment gateway is crucial for financial planning and business operations. This page provides a comprehensive overview of alongside a detailed breakdown of our transparent pricing model. Learn about our transaction fees, installment rates, and how VAT is handled, ensuring you have a clear picture of what to expect when partnering with PayMongo.

PayMongo's Pricing Model: Transparency at its Core

PayMongo is committed to transparent pricing, ensuring businesses understand exactly what they pay.

No Setup, One-time, or Monthly Fees

You only pay when you make a successful transaction. There are no hidden costs for account setup or maintenance.

Per-Transaction Rate

Our pricing model is based on a per-transaction rate, meaning you are only charged for payments that successfully complete.

VAT-Inclusive Fees

All of PayMongo's fees are already VAT-inclusive, which means there will be no additional deductions for VAT from your merchant payouts. PayMongo covers these costs on its end.

Detailed Transaction Fees and Rates

PayMongo's fees vary based on the payment method your customer chooses. All fees mentioned below are VAT-inclusive.

Payment Method	Type	Fee Rate	Additional Notes
Cards (Visa & Mastercard)	One-Time Payment	3.5% + ₱15
	Foreign Card	+1%	Applies to payments from non-Philippine issued cards.
QR Ph		1.5%
E-Wallets	GCash (inclusive of GCredit)	2.5%
	GrabPay	2.2%
	Maya	2.0%
Online Banking	BPI & Unionbank	0.8% or ₱15 (higher value charged)
	BDO, Metrobank, Landbank (via Brankas)	0.8% or ₱15 (higher value charged)
Buy Now, Pay Later (BNPL)	BillEase	1.5%

We only charge you once your customer has made a successful payment! 🎉

To test how much we charge for a certain payment, check out our website for the pricing calculator: https://paymongo.com/pricing