Payment Gateway Philippines: Complete 2026 Guide for Businesses

The Philippines is going digital — fast — with forecasts showing its e-commerce market nearly tripling in value by 2033. Most buyers pay on mobile — and expect fast, familiar options.

Choosing the right payment gateway Philippines option is a revenue decision. You need a reliable, secure and user-friendly checkout that supports local wallets, cards and bank transfers, reduces failed payments, and protects against fraud. That keeps customers happy and lifts conversion.

This guide will help you navigate the many payment gateway options available for Philippine businesses. We'll also mention how a Wise Business account can be a helpful tool for cross-border commerce by enabling companies to get paid like a local in multiple currencies, hold and convert at the mid-market rate and avoid unnecessary foreign exchange costs — all in one multi-currency account.

Table of contents
What a payment gateway is, and why it matters Wise Business: The global solution for cross-border payments How to choose the right payment gateway in the Philippines Overview of top domestic and global payment gateways in the Philippines

What a payment gateway is, and why it matters

A payment gateway securely connects your checkout to the processor that moves funds to your business account.

It encrypts data, applies checks like 3D Secure and passes a token to authorize the charge. In the Philippines, gateways also support everyday local options: cards; e-wallets like GCash and Maya; QR Ph; online banking via InstaPay and PESONet; and over-the-counter payments.

The right choice isn’t just technical — it drives sales. The Philippine e-commerce market is projected to grow from 24.53 billion USD in 2024 to 75.59 billion USD by 2033¹, so your checkout must meet rising expectations for speed, familiarity and safety. If you’re evaluating payment gateway Philippines options, focus on what protects revenue and keeps payments smooth.

Here’s why the right gateway matters:

• Offers the payment methods buyers prefer — cards, GCash, Maya, QR Ph, online banking, over-the-counter
• Delivers a fast, reliable checkout with high authorization rates
• Protects revenue with Payment Card Industry Data Security Standard (PCI DSS) Level 1 security, 3D Secure, tokenization and fraud screening
• Keeps costs predictable with clear pricing and fair conversion
• Integrates cleanly with your site or app — and scales across channels and markets

Payment gateways move money from your customer to you.

But if you want to receive, hold, convert, and send payments across currencies without surprises like hidden exchange rate markups, or exorbitant conversion fees, you might want to consider Wise Business.

Wise Business: The global solution for cross-border payments

💡If you're a business in the Philippines trying to go global, you've probably hit a wall of confusing foreign exchange fees when collecting payments from international customers. Wise Business helps you cut through all that complexity—be it a local bank transfer or a wire transfer. By simplifying how you receive payments, you're free to pursue what matters—growing a local brand with global sights.

• Obtain account details to receive payments in USD, EUR, GBP, SGD, HKD and more for a one-time fee of 1,400 PHP.
• Simply share your account details with customers or add them to invoices.
• Zero fees when you get paid via ACH, FAST, InstaPay/PESONet, & other local transfers.
• Full fee transparency when clients pay you via Wire / SWIFT.
• Hold, send, and convert money at the mid-market rate in one account.
• Accept payments from customers and payment service providers (PSPs) like Stripe and Amazon.

➡️Get started with Wise Business today

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How to choose the right payment gateway in the Philippines

Once you know the role of a gateway, use a simple framework to compare payment gateway Philippines options: methods and fees first, then integration and security.

Assess payment methods and transaction fees

Start with what your buyers actually use — then shortlist providers that cover those methods end-to-end. If you are comparing options on the payment gateway in the Philippines, prioritize breadth and reliability over niche add-ons.

We recommend checking support for:

• Cards: Visa, Mastercard and sometimes American Express or JCB
• E-wallets: GCash and Maya for familiar mobile checkout
• Bank payments: QR Ph, InstaPay and PESONet at checkout
• Over-the-counter: Cash payments at partner merchants and convenience stores

Next, model your real costs instead of relying on headline rates. Build a simple sheet using your average order value, monthly volume and expected method mix. Compare:

• Per-transaction pricing for cards versus wallets and bank payments
• Cross-border and currency conversion if settlement isn’t in PHP
• Payout fees, payout timelines and minimum balances that affect cashflow
• Refund and chargeback fees, plus dispute handling timeframes
• Any monthly fees, rolling reserves, or required lock-ins
• Promotional rates that expire after a trial period

Finally, look beyond price. Approval rate and checkout speed move conversion more than a small fee delta. Ask for historical authorization rates by method and your industry, then run a pilot before you commit. With pricing mapped, check how quickly you can ship — and how well the provider protects every transaction.

Integration and security features are crucial

The best gateway is the one your team can launch, monitor and maintain quickly. Evaluate integration depth and operational fit, then verify security with current attestations.

Look for the following:

• Plug-ins for Shopify or WooCommerce, a REST API and webhooks
• Mobile-first checkout elements, tokenized card storage and a test sandbox
• Clear payout reconciliation via reports and exports your finance team can use
• Features for subscriptions, instalments and saved payment methods

Validate security and reliability:

• PCI DSS Level 1, strong encryption and 3D Secure for card authentication
• Tokenization, fraud screening and BIN-attack protection
• Uptime targets, incident response processes and responsive support
• Data handling and regional compliance suited to Philippine operations

A provider that nails these areas will shorten your build, protect revenue and scale as you grow — the core criteria for any payment gateway Philippines shortlist.

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Overview of top domestic and global payment gateways in the Philippines

Gateway	Payment Methods	Best for	Look out for:
Dragonpay	Cards, online banking, GCash, Maya, over-the-counter	Local coverage and cash-assisted checkout	Interface and performance can vary by channel — pilot your top journeys
PayMongo	Cards, GCash, Maya, QR Ph, over-the-counter	Fast API integration for startups and SMEs	Onboarding and support times can vary — plan lead time
GCash	Wallet and QR payments	Reaching millions of local wallet users	Wallet and transfer limits; peak-time access may be limited
Maya Business	Cards, Maya wallet, QR Ph, instalments	Omni-channel acceptance in the Philippines	Compare fees by method and confirm settlement timelines
Xendit	Cards, wallets, bank, BNPL — market-specific	Regional coverage across Southeast Asia	Method availability and fees differ by country — confirm PH mix
2C2P	Cards, wallets, bank, alternative methods	Enterprise acceptance and regional routing	Heavier setup for bespoke flows vs out-of-the-box checkouts
Stripe	Cards, wallets — including GCash via partners, bank methods	International scaling with strong developer tools	Some local methods require enablement; watch foreign exchange and cross-border fees
PayPal	PayPal balance, cards	Cross-border B2C with brand trust	Fees and currency conversion can be higher vs local options

*Details correct at time of research — 12 November 2025

If you serve mainly Filipino customers, prioritize a payment gateway Philippines partner that is already trusted by local buyers and supports their favorite methods.

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Dragonpay

Dragonpay is a long-standing local gateway with broad coverage across cards, online banking, major wallets and over-the-counter cash at partner stores. A good fit if your customers prefer cash-assisted or bank-based checkout.

Here’s why you might consider it:

• Broad local acceptance including convenience store payments
• Fast launch via hosted payment pages

Here’s what to watch for:

• Interface and performance can vary by channel and flow
• Pilot key journeys end-to-end before you commit

Here’s how pricing works:

• Online banking channel fee: 10 PHP²
• Over-the-counter banking: 15 PHP
• Payment centers: 20 PHP
• Setup fee: historically 36,000 PHP, currently shown as waived on promo page; Dragonpay Lite shows zero setup
• Other channels — e-wallets, cards: fees vary by method and agreement

PayMongo

PayMongo accepts cards, GCash, Maya, QR Ph and over-the-counter channels. Developer-friendly and small and medium-sized-business-ready, with PCI DSS Level 1, real-time fraud checks and SOC 2 Type 2.

Here’s why you might consider it:

• API and documentation for fast builds
• Strong security posture for card data and fraud risk

Here’s what to watch for:

• Application processing times can vary
• Support response times may be slower during peak periods

Here’s how pricing works:

• Cards — Visa/Mastercard: 3.5% + 15 PHP per transaction; +1% for cards issued outside the Philippines³
• QR Ph: 1.5% per transaction
• E-wallets: GCash 2.5%, GrabPay 2.2%, Maya 2.2%
• Online banking: 0.8% or 15 PHP — higher value — for BDO, UnionBank, BPI, Landbank and Metrobank

GCash

GCash is the leading wallet in the Philippines and is widely accepted via QR Ph and gateway partners. Adding GCash often reduces friction for domestic consumers and improves mobile checkout.

Here’s why you might consider it:

• Familiar QR and wallet flows for millions of users
• Smooth mobile experience for small-ticket purchases

Here’s what to watch for:

• Wallet transfer and balance limits by verification tier
• Service access can be constrained at peak times

Pricing: Not listed; merchants apply via Webpay or In-Store QR and receive rates from GCash⁴.

Maya Business

Card acceptance, wallet payments, QR Ph and merchant tools for e-commerce and in-person use. A good fit if you want an all-in-one local stack.

Here’s why you might consider it:

• Wide domestic coverage with a large wallet user base
• Extra business tools beyond checkout

Here’s what to watch for:

• Compare fees by method before committing
• Confirm settlement timelines for your specific flows

Here’s how pricing works:

• Cards — Visa/Mastercard/BancNet/JCB/Amex: 3.5% merchant discount rate (MDR); for Checkout/Digital Invoice add 10 PHP per transaction
• Maya QR: 1.5% MDR
• QR Ph: 1.5% MDR
• Other wallets via Maya: GCash 2.0%, WeChatPay 1.75%, ShopeePay 1.85%⁵

Xendit

Operates across Southeast Asia — including the Philippines. Developer-first, PCI DSS Level 1. It helps if you plan to expand to Indonesia, Malaysia, or other markets.

Here’s why you might consider it:

• Consistent APIs and documentation across countries
• Regional methods and recurring billing features

Here’s what to watch for:

• Method availability differs by market
• Confirm the Philippine mix before building integrations

Here’s how pricing works:

• Cards: 3.2% + 10 PHP (local), 4.2% + 10 PHP (international in PHP), 4% + 1 USD (charged in USD)
• E-wallets: GCash 2.3%, GrabPay 2.0%, ShopeePay 2.0%, Maya 1.8%⁶
• QR Ph: 1.4% or 15 PHP per transaction
• Direct Debit: 1% or 15 PHP — higher value
• Auto Debit: 1% or 25 PHP — higher value

2C2P

2C2P is enterprise-grade with regional reach, PCI DSS Level 1 and 3D Secure support. Suits larger merchants and complex routing across Southeast Asia.

Here’s why you might consider it:

• Strong security credentials and regional experience
• Flexible routing and reconciliation options

Here’s what to watch for:

• Heavier setup for bespoke flows
• Longer implementation cycles than turnkey checkouts

Pricing: Not listed — merchants contact sales and receive quoted MDR/fees⁷.

Stripe

Stripe is an international platform with extensive APIs, subscriptions and global methods. In the Philippines, pair cards with local options like GCash to match buyer habits.

Here’s why you might consider it:

• Robust developer ecosystem and analytics
• Good for international scaling from day one

Here’s what to watch for:

• Some local methods need enablement
• Foreign exchange and cross-border fees when settling abroad

Pricing: Stripe offers country-specific pricing; contact sales for Philippines pricing⁸.

PayPal

PayPal supports card and PayPal-balance payments and is recognized by consumers worldwide. It is strong for marketplaces and cross-border B2C.

Here’s why you might consider it:

• Brand trust and buyer protection help conversion
• Simple to add as an extra checkout option

Here’s what to watch for:

• Fees and currency conversion can be higher
• Consider mix versus wallets and bank payments

Here’s how pricing works:

• PayPal Checkout — domestic payments in the Philippines: 3.40% + fixed fee — 15 PHP when receiving in PHP⁹
• International payments: 4.40% + fixed fee — the Philippines falls under “All other markets”
• Dispute fees: 405 PHP — standard, 810 PHP — high-volume⁹
• Chargeback fee — card chargebacks: 500 PHP per case
• Withdrawals to a Philippine bank: No fee if PHP payout > 7,000 PHP; 50 PHP if ≤ 7,000 PHP — when no currency conversion
• PayPal Payouts: 2% of amount, capped at 50 PHP — domestic/2,500 PHP — international

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Payment gateway providers aren’t just for e-commerce businesses

When you search for payment gateway Philippines, most examples show online stores. In practice, gateways help many sectors collect faster, cut cash handling and reduce manual reconciliation. If you sell services, run events, or bill customers on a schedule, the right setup can offer payment links, subscriptions, installments and real-time confirmation.

Here are examples of non-ecommerce businesses that benefit from payment gateway Philippines solutions:

• Service businesses: take online payments for consultations, projects and retainers
• Healthcare providers: let patients pay for appointments, treatments and follow-ups online
• Education: collect tuition, exam fees and field-trip payments digitally
• Events: sell tickets and manage registrations with online payments
• Utilities and telcos: accept bill payments via cards, wallets and bank transfers
• Digital content creators and SaaS: Monetize subscriptions and one-off digital products

Secure your business foundation with Wise Business

Choosing the right Philippines payment gateway provider is half the job; the other half is a disciplined back office.

Set clear, measurable targets for approval rate, chargebacks, refund resolution time and payout timing. Make sure your provider shares granular data so finance and product can act on it.

Use our shortlist of Philippines payment gateway options to kickstart your research process. And don’t forget to plan for growth with a Wise Business multi-currency account that lets you receive payments like a local and allows you to pay out to global suppliers, often with less fees.

➡️Check out Wise Business today!

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Sources:

1. IMARC Group, Philippines E-commerce Market Size, Share, Trends and Forecast 2025–2033
2. Dragonpay — pricing details
3. Paymongo — pricing details
4. GCash — Webpay details
5. Maya — pricing details
6. Xendit — pricing details
7. 2C2P — contact page
8. Stripe — pricing details
9. PayPal — pricing details

Sources checked on: 13th November 2025