Choosing between PayMongo, Maya Business, and GCash for Business isn’t straightforward because they’re built for different types of businesses. PayMongo is primarily an all-in-one financial infrastructure, Maya Business is a digital bank-powered business suite, and GCash for Business is a mobile wallet-first platform with merchant tools.
Understanding the difference is the key to making the right call for your business. This guide compares pricing, payment methods, integrations, and business features to help you choose.
At a Glance
Not sure which platform fits your business? Here’s a quick cheat sheet.
PayMongo
What Is PayMongo?
PayMongo is a fintech company that offers a financial operating system for growing businesses in the Philippines. It enables merchants to accept payments, move money, borrow capital, and integrate payment gateways on websites all through a single, unified platform.
What sets PayMongo apart from the other two platforms on this list is its breadth: it's not just a way to accept GCash or process a card swipe. It's a full financial infrastructure layer, covering collections, disbursements, capital, prepaid virtual cards, and embedded finance, built specifically for the Philippine market.
Best for: Startups, SMEs, and enterprises across retail, F&B, e-commerce, and services that want a single platform to run their entire financial operation – from accepting every payment method Filipino customers use, to paying out suppliers, to accessing growth funding.
Unique Value Proposition: PayMongo is the infrastructure layer for Philippine businesses that sell online. Plug in every payment method your customers use, automate payouts, and access growth capital, all through one API with zero setup costs and security certifications.
PayMongo Pros and Cons
PayMongo Fees (as of 2026)
*All % rates above are VAT-exclusive.
Maya Business
What Is Maya Business?
Maya Business is the merchant and enterprise arm of Maya Philippines, Inc., the company behind the Maya super app. Unlike a standalone payment gateway, Maya Business is a full business financial suite: you get merchant payments, a business bank account, and access to unsecured business loans of up to ₱2 million. Maya is regulated by the Bangko Sentral ng Pilipinas (BSP) and is consistently recognized as the country's leading payments acquirer.
Best for: Brick-and-mortar businesses, restaurants, retail stores, and SMEs that want an all-in-one solution combining merchant payments with business banking and access to credit.
Unique Value Proposition: Maya Business is the only merchant platform in the Philippines that is also a bank in which your daily sales build your credit profile, your float earns 2.5% interest, and you can unlock a loan of up to ₱2M without a separate bank application.
Maya Business Pros and Cons
Maya Business Fees
Maya Business uses a Merchant Discount Rate (MDR) model. Published rates are available at maya.ph/business/pricing.
GCash for Business
What Is GCash for Business?
GCash is the Philippines' #1 financial super app with 94 million users. GCash for Business is designed for merchants, social sellers, and enterprises. Because GCash has the broadest consumer reach in the country, having a GCash merchant account is practically table stakes for any business serving Filipino consumers.
Best for: Micro-merchants, sari-sari stores, market stall owners, food stalls, and any business that primarily sells in-person and wants instant QR payment acceptance from the country's largest e-wallet user base.
Unique Value Proposition: GCash for Business gives you direct access to the biggest pool of digital wallet users in the Philippines with minimal setup and a QR code you can start using the same day.
GCash for Business Pros and Cons
GCash for Business Fees
*Source: GCash Help Center. Rates subject to change; always verify at help.gcash.com.
PayMongo vs Maya Business vs GCash for Business
Choosing the right payment solution depends on your business model, transaction volume, and growth plans. The tables below break down how PayMongo, Maya Business, and GCash for Business compare across pricing, payment acceptance, banking, and advanced features — so you can see exactly where each platform leads and where it falls short.
Pricing
*Note: Check with the provider if fees above are Vat-Inc or Vat-Ex.
Payment Acceptance
Banking and Capital
Advanced Features
✅ = Available ⚠️ = Partial / Limited ❌ = Not available
Which One Should You Choose?
Choose PayMongo if you want more than just a payment gateway. It's the most complete business financial platform of the three, covering online payments across every major method Filipinos use, payment splitting, automated workflows, capital access, and an AI-powered store builder, with e-commerce plugins for Shopify, WooCommerce, and Magento that work out of the box. Whether you're a freelancer sending invoices, a scaling e-commerce brand, or a business that needs a full-stack solution that grows with you, PayMongo is built for it.
Choose Maya Business if you want your payments to do more than collect money. Maya is the only option here that's also a bank. Your daily sales build your credit profile, your float earns 2.5% interest, and you can unlock a loan of up to ₱2M without a separate bank application. Best for retail stores, restaurants, and growing SMEs where the banking layer is as valuable as the payment layer.
Choose GCash for Business if you're a micro-merchant, market stall owner, or any in-person seller who primarily wants QR payments from GCash users. The 1.0% QR Ph rate and same-day setup make it the lowest-friction entry point into digital payments for the smallest businesses.
Looking for more? Read our guides on how to accept online payments in the Philippines and everything you need to know about qr ph.
Frequently Asked Questions
Is PayMongo better than GCash for Business?
It depends on how you sell. PayMongo is a full payment gateway that supports multiple payment methods, including GCash itself, and is designed for online checkout. GCash for Business is best for in-person QR payments from GCash users. If you sell online, PayMongo is the stronger choice. If you're a micro-merchant accepting walk-in payments, GCash for Business is simpler to set up.
Can I sue PayMongo and GCash for Business at the same time?
Yes, and many businesses do. You can use PayMongo for online payments, invoicing, online checkouts, etc. while using a GCash merchant QR for walk-in customers. Both platforms operate independently, so there's no conflict in using both.
Which payment platform has the lowest fees in the Philippines?
For QRPH transactions, GCash for Business charges 1.0% MDR, one of the lowest available. For card transactions, fees vary across platforms (typically 3.0–3.5%). PayMongo publishes transparent per-method pricing at paymongo.com/pricing. Always compare based on the payment methods your specific customers use most.
Does Maya Business offer business loans?
Yes. Maya Business offers unsecured business loans of up to ₱2 million, with eligibility based on your transaction history on the platform. But PayMongo also offers loans via GoTyme Loan (up to ₱3 million) and Yield Credit Line (up to ₱10 million)
Do I need a website to use PayMongo?
No. PayMongo's Payment Links feature lets you create a shareable checkout page without any website or coding. You can send the link via Viber, Facebook, Instagram, or email; customers click, pay, and you get notified instantly.
