← Back to Braintree
Compare

Braintree vs PayMongo

Braintree and PayMongo are both card processing platforms. On a $1,000 payment you keep about $973.61 on Braintree and $965–$975 on PayMongo, before withdrawal or currency-conversion costs.

Updated · from each platform’s published fees and payout terms · how we verify

Key differences

  • On a $1,000 payment you keep about $973.61 on Braintree and $965–$975 on PayMongo, before withdrawal or currency-conversion costs.
  • Both pay out via Bank transfer.
  • Braintree is the older platform — founded in 2007, 12 years before PayMongo (2019).
  • Braintree is based in United States, PayMongo in Philippines.

Which should you choose?

Choose Braintree if…

  • You prefer a long track record (since 2007).

Side by side

Braintree A PayPal-owned full-stack processor for online businesses - accept cards, PayPal, Venmo, and wallets through o… Visit PayMongo A Philippine payments platform letting businesses accept cards, e-wallets, and bank transfers. Visit
Type Card processing like Stripe Card processing like Stripe
Category Payments Payments
Vetted No No
Work from home Yes Yes
Fees Around 2.59% plus 49 cents per transaction Cards 3.5% + PHP 15, e-wallets ~2.5-3%
Payout speed — Standard settlement in 2 to 7 days, or instant settlement to PayMongo Wallet for a fee
Withdraw via Bank transfer Bank payout ~T+1
Availability United States, Canada, UK/Europe, Australia, NZ, Singapore, Hong Kong Philippines
Local to — Philippines
Founded 2007 2019
Headquarters Chicago, United States Manila, Philippines
Popularity 47 views · 0 likes 46 views · 0 likes

Frequently asked questions

Which is cheaper, Braintree or PayMongo?

On a $1,000 payment you keep about $973.61 on Braintree and $965–$975 on PayMongo, before withdrawal or currency-conversion costs.

Where are Braintree and PayMongo available?

Braintree: United States, Canada, UK/Europe, Australia, NZ, Singapore, Hong Kong. PayMongo: Philippines.