Send, receive, and spend instantly —
in one business wallet.
With the PayMongo Wallet, your money is ready the moment it lands. Send, spend, and track everything in one place.
Businesses Powered by PayMongo
Built around how your money actually moves
Funds land instantly, move to anyone, and spend straight from your balance — from the dashboard or the app.
Receive Payouts
Instant settlements without hidden charges
Activate Instant Settlement for QR Ph and get paid the moment your customer pays. Transfers from other PayMongo Wallets or via InstaPay are always instant — no activation needed.
Manage Expenses
Money movement on the go
Get a detailed breakdown of every transaction in seconds, whether you're using the app or dashboard.
Move Money
Built for every business
Pay employees, contractors, and suppliers to any bank account or e-wallet via InstaPay, PESONet, or direct bank transfers.
Send to many at once
Pay your employee or supplier list in one go.
Send funds to your team
Transfer to another wallet and skip the out-of-pocket expenses.
Scan a QR
Scan, confirm, pay. Works with any QR Ph code in the Philippines.
Save recipients, pay faster
Save recipient details once for quick, repeat payments.
Issue Virtual Cards
Unlock smarter spending
Enhance your digital wallet with PayMongo Virtual Cards to pay for ads, subscriptions, and other online purchases. Set spending limits for each card to keep your team within budget.
Generate Virtual Cards and draw funds from your Wallet
Questions, answered
The PayMongo Wallet is a business account that holds your funds on PayMongo. Every payment you accept — cards, GCash, QR Ph, and more — settles into your wallet automatically. From there you can send money to any Philippine bank or e-wallet, pay suppliers in bulk, and track every peso in one dashboard.Generate a Virtual Card (Mastercard) to pay for goods and services. Select billers are also available for your convenience.
The wallet itself is free — no setup fee and no monthly fee. You pay 1% on Instant Settlements. PESONet and InstaPay transfers carry a small per-transaction fee.
With Instant Settlement, Card, GCash, and QR Ph payments land in your wallet the moment the customer pays — no clearing period and no waiting for a settlement cycle. You can send that money out the same day.
Yes. You can transfer from your wallet to any Philippine bank account or e-wallet, including GCash and Maya, through InstaPay or PESONet.
Use InstaPay when the recipient needs the money right away; it's real-time, 24/7, and capped per transaction. Use PESONet for larger amounts or payroll runs: it settles the same or next banking day, and has a higher limit. In short: InstaPay for speed, PESONet for size.
Yes. PayMongo is regulated by the Bangko Sentral ng Pilipinas and is PCI-DSS Level 1 certified. Every transfer requires verification from an authorized user on your account.
Daily sending limits depend on your account type, ranging from ₱5,000 for new accounts up to ₱3,000,000 for upgraded ones. Custom limits are available for high-volume businesses — talk to our sales team to raise yours.
Yes. Your wallet activates once you've completed business verification and linked a bank account, so you'll need your registration documents (DTI or SEC, plus BIR) ready.
Put your money to work sooner.
Get a PayMongo Wallet and start receiving, sending and spending from one balance.