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Paymob vs PayMongo
Paymob and PayMongo are both card processing platforms. On a $1,000 payment you keep about $972.50 on Paymob 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 on Paymob and $965–$975 on PayMongo, before withdrawal or currency-conversion costs.
- Both pay out via Bank transfer.
- Paymob is the older platform — founded in 2015, 4 years before PayMongo (2019).
- Paymob is based in Egypt, PayMongo in Philippines.
Side by side
Paymob
A leading MENA payments company - merchants in Egypt, the Gulf, and Pakistan accept cards, wallets, and instal…
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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 | Yes | Yes |
| Fees | 2.75% + EGP 3 per online transaction | Cards 3.5% + PHP 15, e-wallets ~2.5-3% |
| Payout speed | Settles on a standard cycle set per account, with instant settlement available in some regions for a fee | 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 | Egypt, United Arab Emirates, Saudi Arabia, Pakistan, Oman | Philippines |
| Local to | Egypt, Saudi Arabia, United Arab Emirates, Pakistan | Philippines |
| Founded | 2015 | 2019 |
| Headquarters | Cairo, Egypt | Manila, Philippines |
| Popularity | 47 views · 0 likes | 46 views · 0 likes |
Frequently asked questions
Which is cheaper, Paymob or PayMongo?
On a $1,000 payment you keep about $972.50 on Paymob and $965–$975 on PayMongo, before withdrawal or currency-conversion costs.
How fast do Paymob and PayMongo pay out?
Paymob: Settles on a standard cycle set per account, with instant settlement available in some regions for a fee. PayMongo: Standard settlement in 2 to 7 days, or instant settlement to PayMongo Wallet for a fee.
Where are Paymob and PayMongo available?
Paymob: Egypt, United Arab Emirates, Saudi Arabia, Pakistan, Oman. PayMongo: Philippines.