Which Plan Is For Me?
PayEasy offers several merchant plans depending on your business model and risk profile. We cater to local merchants looking for online payment solutions whether they are a home-based operation or a large corporation. We accept payments for physical products, services or virtual goods. Use the table below to determine which plan is ideal for your business.
| Lite | Basic | Standard | Enterprise | |
|---|---|---|---|---|
| Payments | ||||
| - ATM | yes | yes | yes | yes |
| - Mobile | yes | yes | yes | yes |
| - Offline Funding | yes | yes | yes | yes |
| - Credit Cards | no | no | yes | yes |
| - PayPal | no | yes | yes | yes |
| - Int'l Bank Debit | no | yes | yes | yes |
| - Local Bank Payments | yes | yes | yes | yes |
| Rates | ||||
| - Setup Fee | PHP 20k | PHP 20k | PHP 20k | N/A |
| - Annual Fee | N/A | N/A | N/A | PHP 30k |
| - Transaction Fee* | 6% | 6% | 6% | 4.5% + PHP6.00 for credit cards; P10 for local online bank payment; P15 for local over-the-counter bank payment; P20 for local 7-11 payment; 6% for everything else |
| - Holdback amount | none | none | 25% on credit cards | none |
| Settlement | Monthly | Monthly | Monthly | Daily with 15 day float for credit cards; Weekly for bank and 7-11 payments; Monthly for everything else |
| Currencies | ||||
| - ATM | PHP | PHP | PHP | PHP |
| - Mobile | PHP | PHP | PHP | PHP |
| - Offline Funding | PHP | PHP | PHP | PHP |
| - Credit Cards | N/A | N/A | USD | PHP or USD |
| - PayPal | N/A | PHP or USD | PHP or USD | PHP or USD |
| - Int'l Bank Debit | N/A | USD | USD | USD |
| - Local Bank Payments | PHP | PHP | PHP | PHP |
| Limits | ||||
| - Credit Cards | N/A | N/A | PHP 100k ~ 200k a month depending on type of business | Determined by acquiring bank |
| - PayPal | N/A | Determined by PayPal | Determined by PayPal | Determined by PayPal |
| Target Market | High-risk SME's or sellers of virtual goods for local market consumption; foreign companies needing local payments | Local, high-risk SME's or sellers of virtual goods for local and foreign market | Local Small and Medium-sized Enterprises (SME's) | Local Large Enterprises |
* PayPal transaction fees are solely determined by PayPal based on the merchant's monthly sales volume. For more information, visit PayPal fee table for the Philippines.
If your business model does not fit any of the above, or if you are still unclear with which option to take, email us at sales@payeasy.ph. We would be happy to discuss your options or customize a solution for you. We also have special packages for high-risk merchants such as money remittance service and online gaming.
How Do I Integrate With PayEasy?
Once you have decided on which PayEasy Plan is right for you, the next question is which integration model best suits your requirement. Our integration varies from something as simple as composing an email invoice using a web browser, to something more complex like shopping cart integration via our Application Programming Interface (API). Refer to the following table for the integration that is right for you.
| Integration Model | Buyer Interface | Technical Requirement |
|---|---|---|
| Standard API | Web | Programming knowledge in PHP, Perl, ASP or other web scripting languages |
| PayEasy Mail | Email and Web | None (just have to know how to browse and email) |
| PayEasy Cart | Web | Copy-and-pasting of HTML |
| Virtual Terminal | Phone, Fax or Email | None (just have to know how to browse) |
| Recurring Payments | Web | None (just have to know how to browse) |
Note: Virtual Terminal and Recurring Payments are available for credit card payments only.
You can find more details on our Standard API integration here. If your application requires special integration, contact us and we can sit down to discuss how to customize our solution to fit your needs. To sign up for a merchant account, download the application form here.