Payment processing platform PayMongo has partnered with open finance technology provider Brankas to expand its payment options for businesses in the Philippines.
The collaboration allows PayMongo merchants to accept direct online banking payments from three major Philippine banks—BDO, Metrobank, and Landbank—offering more convenience for businesses and their customers.
Through this partnership, PayMongo merchants, including e-commerce platforms, food delivery services, and ride-hailing apps, can integrate Brankas Direct API for seamless pay-by-bank transactions.
This addition enhances the payment process, providing faster transactions and a smoother user experience.
Existing PayMongo merchants can easily enable these new options by contacting customer support.
The feature is compatible with Shopify plug-ins, PayMongo’s Custom & Checkout API, PayMongo Pages, and PayMongo Links.
Minimal updates are required for users of the custom API, with further details available on the PayMongo developer website.
PayMongo and Brankas aim to improve payment flexibility, offering businesses more ways to engage with customers while streamlining the payment process.
“Brankas and PayMongo share the same commitment to deliver fast and secure payment experience for users.
Offering more payment options is a win-win for both customers and merchants as we offer greater payment flexibility and customer reach at the same time.”
said Todd Schweitzer, CEO and Co-founder of Brankas.
Featured image credit: Edited from Freepik