PayMongo Vs Adyen Vs Unlimit: 7 Best Payment Gateways In Philippines (2026)

Seven payment gateways in the Philippines ranked for businesses selling into the market from abroad on local method coverage, onboarding, licence, settlement and reach, verified October 2026.

Key takeaways

• PayMongo is #1 of 7 with 8.0 / 10. It leads on local method coverage and is the pick for online stores.
• For teams integrating by API, Adyen comes #2 with 7.2 / 10. Enterprises can look at Xendit, #4 with 6.1 / 10. Multi-market reach and settlement are their strongest criteria.
• Unlimit ranks #3 of 7 with 6.5 / 10 and suits cross-border merchants entering the Philippines. Non-resident onboarding is the criterion that lowers its score.
• Only 3 of 7 ranked providers publish information on onboarding without a local entity. Ask each provider for its document list before applying.
• Cards, GCash, Maya and QR Ph are the payment methods to check. 7 of 7 ranked providers publish information on their local methods.
• Work through the criteria in order, from onboarding to payment methods. 5 of 7 providers publish licence information, but 0 of 7 appear in the regulator’s register.

The short answer

The best payment gateways in the Philippines are PayMongo (number 1, best for online stores), Adyen (number 2, best for teams integrating by API) and Unlimit (number 3, best for cross-border merchants entering the Philippines), ranked by a weighted score on onboarding, licence, settlement, reach, payouts and local methods.

The ranking

Seven payment gateways in the Philippines, ranked by a weighted score out of 10, verified October 2026.

What is a payment gateway, and how is it different from a payment processor?

An online payment gateway is the checkout layer between a merchant’s site or app and the networks and banks that approve payments. It passes each payment request to them and returns the result, as explained in what a payment gateway is and how it works. The gateway captures and routes the payment. A processor or acquirer moves the money and settles it to the merchant. Many providers offer both under one contract.

In the Philippines, customers pay by card and with local methods such as GCash, Maya and QR Ph. For a business selling into the Philippines from abroad, two questions matter most: which of these methods a provider accepts, and which legal entity signs the contract with the merchant.

How this was scored

Each provider is scored out of 10 on weighted criteria, and each criterion is measured against the best provider in the comparison, which scores 10. The publisher’s own entry is scored by the same process, and its position is not edited.

Published by Unlimit. Unlimit is #3 on this list and is scored on the same rubric as every other entry.

Known limitations: only providers serving the Philippines online were scored; price bands reflect published rates or, where none are published, the fee structure, so a merchant’s quote may differ; the publisher of the list is ranked in it; the list is not professional advice.

Where Unlimit fits

For a merchant selling into the Philippines from abroad, Unlimit is #3 of 7 with 6.5 / 10. Non-resident onboarding lowers its score, because Unlimit publishes no information on non-resident onboarding for the Philippines. Unlimit operates as global financial infrastructure for cross-border commerce, serving businesses, consumers and AI agents. On its home page the company states that it offers more than 1,000 payment methods across regions worldwide, and gives access to over 150 currencies across more than 200 locations globally (same page). These figures describe Unlimit worldwide, not any single market: coverage varies by market. Unlimit’s payment methods are published in its documentation, and Unlimit enables them for each merchant during onboarding.

Businesses incorporated outside the Philippines can accept payments from customers in the Philippines through one Unlimit API integration, without a company, office or bank account in the Philippines. During onboarding, Unlimit tells each merchant which documents each payment method needs. If Unlimit does not hold a licence itself, it processes payments through licensed partners and settles in the currency agreed with the merchant.

Unlimit’s integration documentation says a merchant can email or Skype Unlimit support to request changes to sandbox settings while testing. The home page says transportation and mobility companies get round-the-clock support. It does not name a country.

Unlimit is right for businesses already operating in several regions that add Philippine wallets to an integration they run. It is not the best fit for a merchant that needs written proof of payout coverage for the Philippines: Unlimit’s payout pages name regions, not countries.

Every entry

Every provider below carries one strength and one criticism, so each card shows what it does well and what a merchant should weigh.

PayMongo

• Verdict: PayMongo suits online stores in the Philippines with a registered Philippine business and a Business Bank Account that want many local methods under one account; a company registered abroad meets extra document steps for payouts.
• Best for: Online stores.
• Price band: Mid. Published per-method rates, VAT-exclusive, no setup or monthly fee; the card rate is a percentage plus a fixed fee (PayMongo pricing page).
• Company: PayMongo’s terms name PayMongo Philippines, Inc. as a BSP-licensed Operator of Payment Systems and PayMongo Payments, Inc. as a BSP-licensed Electronic Money Issuer; its online payments page states that it is BSP-regulated and PCI DSS Level 1 certified.
• Strength: PayMongo’s payment-modes guide says a business can accept more than 14 methods, named as cards, GCash, Maya, GrabPay, ShopeePay, QR Ph, online banking and BNPL, through one account; its QR Ph page says customers can pay from any banking or e-wallet app, including GCash, Maya, BPI and BDO.
• Criticism: PayMongo’s homepage says merchants connect a Stripe account at signup and that more providers will follow country by country. It does not name those countries. A merchant planning further markets cannot assume that one PayMongo integration covers them.
• Use cases: Pays suppliers, partners or employees from the PayMongo Wallet, individually or in bulk, at PHP 10 per transaction via InstaPay or PESONet (pricing page); its plugins page says the plugin installs from the Shopify App Store, the WooCommerce Plugin Library or the Magento Marketplace without code editing.
• Risk signals: Receiving payouts directly to a Business Bank Account means upgrading the Business Type to a Registered Business (bank configuration documentation). The payout account must be in the registered business name, and the settlement account must be a Business Bank Account, not a personal one. A non-Philippine entity needs a Secretary’s Certificate that is the notary equivalent, apostilled or consularized, for those payouts. Identity verification needs a government-issued ID and a working camera (account creation guide); business verification asks for registration, a TIN and an address, so ask whether a merchant without a Philippine entity can pass it.
• Score: number 1 of 7, 8.0 / 10, verified October 2026.

Adyen

• Verdict: Adyen suits engineering-led merchants in the Philippines that hold a registered company and can open a Philippine bank account for local payouts; it is less direct for a business with neither.
• Best for: Teams integrating by API.
• Price band: High. Interchange plus plus with a fixed fee and a payment-method fee, no set-up or monthly fees, minimum invoice by sales (closest rule, which also needs a set-up fee or monthly minimum) (Adyen pricing page).
• Company: Adyen’s terms and conditions name Adyen N.V., registered with the Dutch Chamber of Commerce and seated in Amsterdam, as the contracting entity; its privacy statement says Adyen N.V. is supervised by the Dutch Central Bank as a regulated bank and its group companies by various regulators around the globe, without naming the Philippines.
• Strength: Adyen’s payouts page says businesses with its single integration can expand to over 190 countries worldwide and use instant payouts in more than 40 countries; its pricing page says merchants can offer all preferred payment methods through that integration. Neither page names the Philippines.
• Criticism: Adyen’s application requirements documentation says a live account needs a company registration document with the legal entity name and number, plus one of its listed VAT documents. Its currency documentation says local payouts need a local bank account in a country using the payout currency as legal tender. A merchant with no registered company or no Philippine bank account therefore faces extra steps before it is paid in PHP.
• Use cases: Accepts GCash through pre-built UI solutions for web, iOS, Android, React Native and Flutter, an API-only option and Pay by Link (GCash documentation); sends standalone payouts to third-party beneficiaries such as a supplier or partner (payouts documentation).
• Risk signals: Ask Adyen how PHP payouts route, because its documentation names BRL, INR, MYR, MXN and AED as currencies payable only to a local bank account, with no SWIFT payouts. Adyen must verify that the payout bank account exists and is linked to the merchant’s legal entity, and is legally obliged to run detailed checks on the company, its shareholders and its business model before granting live accounts (application requirements documentation).
• Score: number 2 of 7, 7.2 / 10, verified October 2026.

Unlimit

• Badge: Publisher’s entry
• Verdict: Unlimit suits companies operating across several regions that want Philippine wallets and one integration for pay-ins and payouts.
• Best for: Cross-border merchants entering the Philippines.
• Price band: Mid. No published rates.
• Company: Unlimit states on its home page that it works through a network of local licenses and alternative payment methods, provider-wide wording that does not name the Philippines, and that it offers a multicurrency business account with international transfers, card transfers and local payment methods.
• Strength: Unlimit’s Philippines coverage page lists the ShopeePay and Coin.ph digital wallets for the Philippines.
• Criticism: Before signing, a merchant should ask Unlimit which entity would contract with it and which documents each Philippine payment method needs, because document requirements are set per method and shape how quickly the merchant can go live.
• Use cases: Unlimit’s integration documentation covers plugins for Magento, WooCommerce, OpenCart and PrestaShop, platform integrations for VTEX, Telegram, Shoplazza, Yuno, DEUNA and Shopline, developer resources with testing data and backend, frontend and mobile SDKs, API sections for payments, payouts, refunds and payment links, and recurring guides on recurring types, one-click payments, scheduled subscriptions and token migration. Its payouts page says funds can be sent in real time with a single API integration, through local and global alternative payment methods across LATAM, APAC, Africa, India, the EU and the UK, and that marketplaces can pay sellers and partners with multi-currency payouts, naming regions and not the Philippines.
• Risk signals: The first integration runs in a sandbox, and the live account is prepared after the tests (integration documentation). The sandbox only emulates processing, and no actual transactions are made (card methods guide). The payment processing page describes direct settlement into wallets or accounts through local licenses and a single provider across Latin America, Africa, India and Asia-Pacific; it does not name the Philippines. The payment methods page lists provider-wide categories of global and local card schemes, digital wallets, cash options, direct bank transfers and mobile methods. Unlimit’s payment methods are published in its documentation, and Unlimit enables them for each merchant during onboarding.
• Score: number 3 of 7, 6.5 / 10, verified October 2026.

Xendit

• Verdict: Xendit suits enterprises in the Philippines that need card settlement into a chosen currency and can pass full business verification; a business without registration papers will not activate every method.
• Best for: Enterprises.
• Price band: Mid. No published rates; rates configured by Xendit per merchant country (Xendit’s card multi-currency documentation).
• Company: Xendit Philippines Inc (XPI) can be selected as the entity on its Security Trust Center, which lists a PCI DSS Certificate and an ISO 27001:2022 Certificate as public documents.
• Strength: Xendit’s card multi-currency documentation lists the Philippines with PHP as the settlement currency, and its cards documentation lists settlement in 2 business days for PHP and 5 business days for USD.
• Criticism: Xendit’s documentation on activating payment methods says the methods a merchant can use depend on its business entity type. Verification needs a registration document, shareholder structure and business licences (account creation documentation). A merchant without that paperwork cannot count on every method being switched on.
• Use cases: Pays out through Batch Payouts by Excel upload or Automated Payouts by API (documentation home); a merchant with offices in other countries can add business accounts under its existing login (account creation documentation).
• Risk signals: Prepare identity documents for the company’s stakeholders and proof of business such as a website, a photo of an offline store or social media links, because an account deemed noncompliant with Xendit’s policies may be rejected. Each new business account added under an existing login must pass verification again, and merchants switch between accounts with the Switch Business option.
• Score: number 4 of 7, 6.1 / 10, verified October 2026.

Maya Business

• Verdict: Maya Business suits online stores in the Philippines with a Philippine tax registration that want a wallet-led method set; a company abroad meets treaty and residency conditions in its terms.
• Best for: Online stores.
• Price band: Mid. Per-transaction pricing with no monthly fee, custom packages for high volume (Maya Business pricing page).
• Company: Maya states on its site that Maya Philippines, Inc. and Maya Bank, Inc. are regulated by the Bangko Sentral ng Pilipinas.
• Strength: The Maya Business pricing page lists Visa and Mastercard, Bancnet, JCB and Amex, Maya QR, QRPh, GCash, WeChat Pay and ShopeePay as the payment methods in its integrated suite for the Philippines.
• Criticism: Maya Philippines, Inc. says on its withholding tax updates page that it is essential for all businesses to provide a copy of their BIR 2303 Certificate of Registration, the Philippine tax registration document. A merchant without Philippine tax registration has to obtain it before applying.
• Use cases: Sends batches of 10 to 10,000 payments such as salaries and supplier payments through Bulk Fund Transfer; collects card and e-wallet payments through Payment Links shared in any messaging app.
• Risk signals: Check the restricted business types listed in its terms (checkout page), that Maya may limit features for specific customers, segments, jurisdictions or locations (terms and conditions), and that clause 18.9.3 allows it to block or terminate an account after a change in residency status or country of stay. Its Business Manager terms require a certification of no permanent establishment in the Philippines under the applicable bilateral tax treaty, without saying whether a merchant without a local entity can register, and treaty-benefit documentation before the first billing invoice and payment.
• Score: number 5 of 7, 6.1 / 10, verified October 2026.

2C2P

• Verdict: 2C2P suits merchants in the Philippines that sell by card and instalment across several Southeast Asian markets from one integration.
• Best for: Teams integrating by API.
• Price band: Mid. No published rates, custom quote per merchant agreement.
• Company: 2C2P’s contact page lists offices in Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.
• Strength: 2C2P settles JCB card schemes for the Philippines in HKD, IDR, MYR, PHP, SGD, THB and USD on a T plus 1 payment cycle (payment methods table). For that scheme, a merchant can pick a settlement currency other than PHP.
• Criticism: A merchant incorporated outside the Philippines should ask 2C2P which entity contracts with it and which documents the Philippine methods need before signing, so it can plan its application and the settlement account.
• Use cases: Accepts Mastercard (methods table), UnionPay International and Discover cards in the Philippines, each listed among six to eight markets; it also lists Metrobank and BDO instalment (IPP) schemes with PHP settlement and a T plus 1 payment cycle.
• Risk signals: Check settlement currency per scheme, because Diners Club cards for the Philippines settle in HKD, SGD, THB and USD, which do not include PHP (methods table).
• Score: number 6 of 7, 5.8 / 10, verified October 2026.

GCash

• Verdict: GCash suits Philippine enterprises that want GCash-native bill payment and instalment options and can enter through its partner route; a business abroad should expect to start with an account manager.
• Best for: Enterprises.
• Price band: Mid. No published rates.
• Company: GCash’s Getting Started page says G-Xchange, Inc. (GCash) is regulated by the Bangko Sentral ng Pilipinas.
• Strength: GCash onboards billers to accept payments through its Pay Bills service in the Philippines (Terms and Conditions), and merchants can enable GCredit and GGives, its credit and instalment products (Webpay page).
• Criticism: GCash’s home page states a count of countries with Filipino GCash users. That figure shows where users live, not where GCash accepts payments, and it does not mean multi-market acceptance.
• Use cases: Lists In-Store QR, Webpay, GLife and Fund Disbursement as GCash for Enterprise products; Webpay payments are swept to the merchant’s nominated bank account by automatic transfer (Webpay page).
• Risk signals: The Mini Program payment capability is open to a merchant with a valid business licence verified by its wallet and an accessible website (capability documentation); a merchant must first become a partner of the wallet, then contact it for the platform address and sign up (onboarding documentation), and is redirected to a Know Your Business page, so ask which documents it requires before applying. The micro business page asks that the applicant’s GCash account be Fully Verified for at least 12 months and does not say whether a business without a local entity can apply.
• Score: number 7 of 7, 4.1 / 10, verified October 2026.

Go deeper

Best for online stores

PayMongo (#1, 8.0 / 10) is the pick for online stores in the Philippines: one account covers cards, wallets, QR Ph, online banking and BNPL, so shoppers pay in the apps they already use.

Best for teams integrating by API

Adyen (#2, 7.2 / 10) is the pick for teams integrating by API in the Philippines: the Sessions flow is the default recommended integration for most online payments (build your integration), and the documentation lists an API Explorer, code on GitHub, samples, log debugging and test card numbers (documentation home).

Best for cross-border merchants entering the Philippines

Unlimit (#3, 6.5 / 10) is the pick for cross-border merchants entering the Philippines: a single provider across Latin America, Africa, India and Asia-Pacific, plus the ShopeePay and Coin.ph wallets, suits a business that already operates in other regions.

Best for small businesses

PayMongo (#1, 8.0 / 10) is the pick for small businesses in the Philippines: standard pricing is pay-as-you-go with no setup fees, monthly fees or hidden fees (pricing page), and a sole proprietorship registered with the DTI verifies with a DTI Certificate (business types documentation).

Best for enterprises

Xendit (#4, 6.1 / 10) is the pick for enterprises in the Philippines: a public status page reports service incidents, alongside public PCI DSS and ISO 27001:2022 certificates in its trust centre.

Which licence does a payment gateway need in the Philippines, and who holds it?

The authorisation a gateway relies on belongs to a specific legal entity, so a buyer checks the entity named in the contract against the regulator’s public register instead of trusting the provider’s own claim. Ask whether that entity holds the authorisation itself or processes payments through a licensed local partner, and request the partner’s name and the entity’s registration details in writing. Compare the entity in the terms of use, the privacy statement and the contract, because group companies and local affiliates can differ.

How can a business without a local company accept payments in the Philippines?

Whether a business abroad can onboard depends on each provider’s entity and document rules, so ask every shortlisted provider before applying: which legal entity contracts with the merchant, whether a tax number or a local bank account is required, and which documents each method needs, as the guide on how businesses accept international payments outlines. A business abroad can open its own local company, use a local gateway that offers an account type for foreign companies, or use an international provider working through licensed local partners; the route sets the paperwork, the settlement account and the time to go live.

How to choose a payment gateway in the Philippines

• Ask each shortlisted provider which documents a business without a local entity, tax number or bank account must supply; 3 of 7 ranked providers publish information on this.
• Match the contracting entity to the regulator’s register; 5 of 7 providers publish licence information, and 0 of 7 appear in the register.
• Confirm the settlement currency and how FX is handled; 7 of 7 providers publish settlement information.
• Check whether one integration covers your other markets; 6 of 7 providers publish information on reach.
• Test payouts to local parties by rail and currency; 7 of 7 providers publish payout information.
• List the methods your customers use and tick them off per provider; 7 of 7 publish their methods.
• Review support channels and security certification; 7 of 7 providers publish this information.

No single provider is best for every business, so weigh the steps in this order for your own situation.

FAQs

Changelog

• October 2026, first publication: 9 providers screened, 7 ranked.
• October 2026, rubric weights locked before research.
• October 2026, rubric revised: weights for cross-border merchants, and each criterion scored against the best provider in the comparison.

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