What are the requirements to integrate Paymongo to my Mochi account
Ensure you provide the necessary documents based on your business type to verify your PayMongo account
Individual
Documents to submit:
Government-issued ID
Sole Proprietorship
Documents to submit:
Government-issued ID
BIR certificate of registration
DTI Registration
Partnership
Documents to submit:
Government-issued ID
BIR certificate of registration
SEC certificate of registration
Articles of partnership
Partner’s resolution
Corporation
Documents to submit:
Government-issued ID
BIR certificate of registration
SEC certificate of registration
Articles of incorporation and by-laws
General information Sheet
Secretary certificate
What payment methods can I accept, and what are the associated fees?
Explore diverse payment options with corresponding fees tailored to your customer transactions, including local and international methods.
Paymongo Published Rates (Inclusive of 12% VAT)
Credit Cards
Visa, Mastercard
3.5% + Php 15 +1% FOR CARDS ISSUED OUTSIDE THE PHILIPPINES
QR PH
QR PH (Powered by Paymongo)
1.5%
E-Wallet
GCash (including GCredit)
2.5%
GrabPay
2.2%
Maya
2.0%
Online Banking
Bank of the Philippine Islands (BPI), UnionBank of the Philippines (UBP)
0.8% or Php 15 WHICHEVER IS HIGHER
Paymongo Payment Methods
Individual
QR Ph (powered by Paymongo)
Sole proprietorship, Partnership & Corporation
QR Ph (powered by Paymongo)
E-Wallet GCash (Including GCredit) Maya GrabPay
Direct Debit Bank of the Philippine Islands (BPI) UnionBank of the Philippines (UBP)
Credit and Debit Card VISA Mastercard
How and when will I receive my payouts?
Disbursements are processed weekly, with payouts reflecting in your account after payment clearing and bank processing times.
Cut-off
Tuesdays (once a week)
Payment clearing
Customer payments take a few banking days to clear, depending on the payment method. Only cleared payments by the cut-off date will be included in the payout.
Payout processing time
Depending on your bank, the payout amount may take a few days after cut-off to reflect in your account.
Ready to simplify orders, billing, and payments with Mochi and PayMongo? Sign up today!
