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Fawry vs PayMongo
Fawry and PayMongo are both card processing platforms. On a $1,000 payment you keep about $972.50–$985 on Fawry 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 $972.50–$985 on Fawry and $965–$975 on PayMongo, before withdrawal or currency-conversion costs.
- Both pay out via Bank transfer.
- Fawry is the older platform — founded in 2008, 11 years before PayMongo (2019).
- Fawry is based in Egypt, PayMongo in Philippines.
Which should you choose?
Choose Fawry if…
- Keeping more of each payment matters most — its fee is lower.
- You prefer a long track record (since 2008).
Side by side
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Fawry
An Egyptian payments network where businesses and individuals accept and collect payments.
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PayMongo
A Philippine payments platform letting businesses accept cards, e-wallets, and bank transfers.
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|---|---|---|
| Type | Card processing like Stripe | Card processing like Stripe |
| Category | Payments | Payments |
| Vetted | No | No |
| Work from home | No | Yes |
| Fees | Cards 2.75%, wallet QR 1.5% | 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 | Weekly bank settlement | Bank payout ~T+1 |
| Availability | Egypt | Philippines |
| Local to | Egypt | Philippines |
| Founded | 2008 | 2019 |
| Headquarters | Cairo, Egypt | Manila, Philippines |
| Popularity | 42 views · 0 likes | 46 views · 0 likes |
Frequently asked questions
Which is cheaper, Fawry or PayMongo?
On a $1,000 payment you keep about $972.50–$985 on Fawry and $965–$975 on PayMongo, before withdrawal or currency-conversion costs.
Where are Fawry and PayMongo available?
Fawry: Egypt. PayMongo: Philippines.