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PayMongo, GCash partner to empower MSMEs with mobile payments

GCash, the Philippines’ leading mobile wallet, has partnered with PayMongo, a Silicon Valley-backed payments facilitator, to provide an expanded mobile payments platform for micro-, small and medium enterprises (MSMEs) in the country. GCash is now live on the PayMongo site as a payment method for thousands of online sellers. PayMongo has 3,500 merchant accounts on its platform. “PayMongo provides the easiest way for Filipino merchants to accept credit card, e-wallet and over-the-counter payments. PayMongo is backed by Silicon Valley’s Y Combinator, Peter Thiel and Stripe,” PayMongo Chief Executive Officer Francis Plaza said.