Effortlessly manage your cash flow, pay your suppliers, and access your funds whenever you need them—all in one secure wallet.
With instant access to your earnings and seamless payment capabilities, you can confidently manage your cash flow, pay suppliers, and keep your operations running smoothly.
Access to Your Payments
Payments made through PayMongo are credited directly to your PayMongo Wallet, giving you quick access to your funds.
Send Money Easily
Easily transfer funds from your PayMongo Wallet to any linked bank account. Whether you’re paying suppliers or covering expenses, you can move your money instantly.
Full Control and Visibility
Monitor your wallet balance, transaction history, and upcoming settlements in real time, giving you full transparency over your business’s cash flow.
Instant Settlement is a premium feature that allows you to transfer your PayMongo Wallet balance to your bank account instantly.
No more waiting for standard processing times—access your funds in real-time for a small fee, giving your business the flexibility it needs to manage cash flow effectively.
PayMongo Wallet is a feature that allows you to receive, manage, and transfer payments directly from your PayMongo account. It provides instant access to your funds, easy transfers to your bank account, and seamless supplier payments.
Instant Settlement is a premium feature that lets you instantly transfer funds from your PayMongo Wallet to your bank account. For a small fee, you can access your earnings in real-time, ensuring faster cash flow management.
No, Instant Settlement incurs a 1% fee when your funds are credited to your PayMongo Wallet. This fee allows you to access your money faster, giving you more control over your cash flow.
Log into your PayMongo dashboard, go to the Wallet section, and select your linked bank account. From there, you can transfer your balance instantly with Instant Settlement or via the standard settlement option.
Yes, you can pay suppliers or settle any other business expenses directly from your PayMongo Wallet balance, eliminating the need for multiple transfers.
Your PayMongo dashboard provides real-time visibility into your balance, transaction history, and settlement details. You can access this information anytime, giving you full control over your cash flow.
PesoNet transactions:
• Transactions made before 10 AM on a banking day will be processed by 11 AM.
• Transactions made before 4 PM will be processed by 5 PM.
• Transactions made on non-banking days (holidays, weekends, etc.) will be processed on the next banking day.
For InstaPay transactions:
• Real-time transfers.
• Transaction limit of up to Php 50,000.00 per transfer.
Please note that when sending money from your PayMongo account, the receiving bank or e-wallet might have their own processing, and funds may be credited later based on their schedule.
Learn more about InstaPay and PesoNet here.
