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V

Velocity Trade

VS

PayMongo

Philippine Developer Payments

PayMongo
Fees from
Custom vs 3.5% + ₱15 cards; 2% e-wallets
Features

0 shared

2 unique to PayMongo
Regions

0 shared

6 unique to Velocity Trade · 1 unique to PayMongo
Pay methods

0 shared

2 unique to Velocity Trade · 7 unique to PayMongo
On settlement

Not enough published data on settlement speed for a fair verdict — open the full specs below for reference.

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Show full specs
2 features · 9 payment methods · 7 regions. We don't rank these — they're here for reference.
Velocity Trade
PayMongo PayMongo
Quick Facts
Fees
Standard transaction rate
Custom
3.5% + ₱15 cards; 2% e-wallets
Settlement
Time to receive funds
—
1–3 business days
Founded
2007
2019
Headquarters
—
Taguig, Philippines
Sandbox / Test Mode
—
✓
Webhook Support
—
✓
Features
PayMongo leads (2 vs 0)
Instant Sandbox Unique
—
✓
Startup Friendly Unique
—
✓
Payment Methods
PayMongo leads (7 vs 2)
Bank Transfer Unique
—
✓
Bnpl Unique
—
✓
Credit Card Unique
—
✓
Debit Card Unique
—
✓
Gcash Unique
—
✓
Grabpay Unique
—
✓
Qr Code Unique
—
✓
Sepa Unique
✓
—
Swift Unique
✓
—
Regions
Velocity Trade leads (6 vs 1)
Africa Unique
✓
—
Asia Unique
✓
—
Europe Unique
✓
—
Middle East Unique
✓
—
North America Unique
✓
—
Oceania Unique
✓
—
Southeast Asia Unique
—
✓

Velocity Trade is best when you...

Want coverage in Africa, Asia, Europe, Middle East, North America, Oceania
PayMongo doesn't cover these regions
View Velocity Trade

PayMongo is best when you...

Philippine Developer Payments
Need Instant Sandbox
Not available with Velocity Trade
Need Startup Friendly
Not available with Velocity Trade
Want coverage in Southeast Asia
Velocity Trade doesn't cover this region
View PayMongo

Frequently Asked Questions

What is the difference between Velocity Trade and PayMongo?
They share 0 payment methods and 0 regions. Velocity Trade adds SEPA, SWIFT that PayMongo does not list; PayMongo adds Bank Transfer, Buy Now Pay Later, Credit Card and 4 more that Velocity Trade does not list; Velocity Trade also covers Africa, Asia and 4 more; PayMongo also covers Southeast Asia.
Which is cheaper, Velocity Trade or PayMongo?
Velocity Trade has custom pricing quoted on engagement; PayMongo has published rates from 3.5% + ₱15 cards; 2% e-wallets. Headline rates exclude fixed per-transaction fees, FX and chargeback costs, so model your own mix before deciding.
Where can I use Velocity Trade and PayMongo?
Velocity Trade lists 6 regions and 2 payment methods; PayMongo lists 1 and 7. Check the country list on each profile before onboarding — regional coverage is not the same as local acquiring.
How do Velocity Trade and PayMongo compare on integration and settlement?
PayMongo offers a sandbox, Velocity Trade does not list one; PayMongo supports webhooks; PayMongo publishes a settlement time of 1–3 business days.

Are you Velocity Trade or PayMongo?

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Data on this page is indicative and may be out of date — always verify fees, coverage, and terms directly with each provider before signing. Comparisons are generated from published data and provider-submitted updates; they are information, not advice or an endorsement. Some outbound links may earn us a referral commission — commissions never influence scores or rankings.

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