specification: FinOps Framework
specificationVersion: '1.0'
schema: https://www.finops.org/framework/
provider: PayMongo
providerId: paymongo
created: '2026-07-17'
modified: '2026-07-17'
reconciled: true
tags:
- Payments
- FinTech
- Philippines
- FinOps
- Cost Management
- FOCUS
description: >-
  FinOps view of PayMongo costs. Unlike compute/AI providers, PayMongo cost is
  transaction-fee-based: a per-successful-transaction fee that varies by payment
  method (cards, GCash, Maya, GrabPay, ShopeePay, QR Ph, BillEase, direct online
  banking), plus a fixed peso fee on payouts/disbursements. Optional add-ons
  (premium support, Instant Settlement) are a percentage of volume. There is no
  monthly or setup fee. Costs are netted from settlement rather than invoiced as
  cloud usage, so allocation is best driven from Payment and Payout records.
notes: >-
  Per-method rates change; verify against the PayMongo pricing and fees pages at
  reconciliation. Fees are deducted at settlement; net_amount and fee fields on
  the Payment resource are the primary cost signal.
sources:
- https://www.paymongo.com/pricing
- https://docs.paymongo.com/docs/fees-and-rates
- https://focus.finops.org/focus-specification/v1-3/
alignedWith:
  framework: FinOps Foundation Framework
  frameworkUrl: https://www.finops.org/framework/
  dataSpec: FOCUS
  dataSpecVersion: '1.3'
  dataSpecUrl: https://focus.finops.org/focus-specification/v1-3/
publisherName: PayMongo
serviceCategory: Financial Services
billingModel:
  pricingCategory: Usage-Based
  billingFrequency: Per-Transaction
  billingCurrency: PHP
  chargeCategories:
  - Usage
  - Adjustment
focusColumns:
  ServiceName: PayMongo Payments
  ServiceCategory: Financial Services
  ProviderName: PayMongo
  PublisherName: PayMongo
  InvoiceIssuerName: PayMongo
  BillingCurrency: PHP
  ChargeCategory: Usage
  PricingCategory: Usage-Based
meters:
- name: card_transaction_fee
  description: Per-successful-card-transaction fee (percentage + fixed PHP), domestic vs international.
  unit: transaction
  aggregation: sum
  dimensions:
  - account
  - method
  - card_region
- name: ewallet_transaction_fee
  description: Per-successful-transaction fee for GCash, Maya, GrabPay, ShopeePay.
  unit: transaction
  aggregation: sum
  dimensions:
  - account
  - method
- name: qrph_transaction_fee
  description: Per-successful-transaction fee for QR Ph payments.
  unit: transaction
  aggregation: sum
  dimensions:
  - account
- name: bnpl_transaction_fee
  description: Per-successful-transaction fee for BillEase buy-now-pay-later.
  unit: transaction
  aggregation: sum
  dimensions:
  - account
- name: dob_transaction_fee
  description: Per-successful-transaction fee for direct online banking.
  unit: transaction
  aggregation: sum
  dimensions:
  - account
- name: payout_fee
  description: Fixed peso fee per payout/disbursement via InstaPay or PESONet.
  unit: transaction
  aggregation: sum
  dimensions:
  - account
  - rail
- name: instant_settlement_fee
  description: Optional percentage fee for Instant Settlement access.
  unit: transaction
  aggregation: sum
  dimensions:
  - account
- name: premium_support_fee
  description: Optional premium-support fee as a percentage of monthly transaction volume.
  unit: volume
  aggregation: sum
  dimensions:
  - account
principles:
- name: Visibility
  description: Reconcile from Payment (fee, net_amount) and Payout records; export payment/payout history from the dashboard.
- name: Allocation
  description: Tag transactions with metadata / reference numbers and map to internal cost centers and channels.
- name: Optimization
  description: Steer customers toward lower-fee methods where appropriate (QR Ph, direct online banking, e-wallets) vs cards; batch payouts to reduce fixed payout fees.
- name: Accountability
  description: Review effective take-rate per channel monthly; decide whether to pass on fees to customers where permitted.
maintainers:
- FN: Kin Lane
  email: kin@apievangelist.com