What Paynamics Technologies does

Paynamics Technologies, Inc. is a Philippines-based payment service provider founded in 2010 and headquartered in Makati, regulated by the Bangko Sentral ng Pilipinas (BSP) as an Electronic Money Issuer (EMI). The company operates an API-first payment platform that aggregates 50+ payment channels — including Visa, Mastercard and JCB cards, GCash and Maya e-wallets, QR Ph, InstaPay and PESONet bank transfers, OTC cash, and Billease and Home Credit installments — behind a single integration. Its product set comprises four core modules: Paynamics Checkout (hosted payment acceptance), Paynamics Payout / DGATE (mass disbursement for payroll, remittances, insurance claims, government aid, and refunds), Paybiz Business Wallet (an SME-focused digital wallet with downloadable app, webstore, and Shopify plugin), and FinSuite (Constellation), a proprietary Banking-as-a-Service platform that enables white-label embedded finance deployments with eKYC, wallet, and reconciliation infrastructure.

Paynamics monetizes primarily through transaction-based fees ranging from approximately 1-2% on QR Ph to 2.5-3.5% on cards, with separate BNPL economics, plus negotiated multi-year licensing for enterprise BaaS / FinSuite deployments. Distribution is hybrid: direct enterprise sales to large organizations (utility billers, telcos, insurance, retail conglomerates, government), self-serve on Paybiz for SMEs, e-commerce channels via the Shopify plugin, and an agency banking network of sari-sari stores, pawnshops, rural cooperatives, remittance centers, Bayad Centers, and 7-Eleven Cliqq for OTC bill payment collection in unbanked communities. Customers span 5,000+ merchants including SM, Converge ICT, Sun Life of Canada, Pru Life UK, Malayan Insurance, Nespresso, Samsonite, TikTok Shop, Abenson, LTO, and multiple universities (CEU, National University, AMA).

The company has recently secured PCI-DSS v4.0.1 Level 1 certification (January 2026), partnered with Mastercard to deploy Click to Pay in the Philippines (expanded April 2026), and was named a Philippines Growth Champion 2026 by DigiPlus/Inquirer. Family-founded (Mylene Chua-Magleo as Co-Founder & CEO, Ronald Magleo as Founder & Board Director, Esther Magleo as Co-Founder & Board Member), the firm remains privately held with no external institutional investors identified in available sources.

Name

Paynamics Technologies

Legal name

Paynamics Technologies, Inc.

Website

https://paynamics.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Paynamics Technologies is a BSP-regulated Philippine payment service provider founded in 2010, offering payment gateway, mass payout, SME business wallet, and white-label Banking-as-a-Service products across 50+ channels to 5,000+ merchants spanning enterprises, SMEs, government, and underserved communities.

Ownership category

akta.pro rank

Product category

Payment Processing and Payment Gateway Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Other Activities Related to Credit Intermediation (522390), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

akta.pro primary industry

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)

akta.pro secondary industries

Payment Orchestration Platforms (FSAGABAA), Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)

Keywords

• Payment gateway services
• Digital payment processing
• Banking-as-a-service platform
• Merchant payment solutions
• Embedded finance API

Headquarters

HQ city

Makati

HQ country

Philippines

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Payment Processing & Transaction Fees: Paynamics charges transaction fees on payments processed through its gateway. Fee rates vary by payment method: e-wallets ~1.5%–2.5%, cards ~2.5%–3.5%, QR Ph ~1%–2%. This is the primary revenue driver from merchants using checkout solutions.
2. BaaS / FinSuite Platform Licensing: Paynamics provides its FinSuite (Constellation) modular financial platform to large enterprises, fintech companies, and government agencies on a white-label basis, enabling them to build branded financial ecosystems without holding their own financial license.
3. Payout / Disbursement Services: Revenue from mass payout and disbursement services, including bank transfers via InstaPay/PESONet, e-wallet transfers, and over-the-counter cash-out. Merchants prefund a Paynamics wallet to process disbursements.
4. Business Wallet Services: SME-focused digital wallet (Paybiz) providing payment acceptance, fund management, and payout tools to small and medium enterprises, monetized through transaction fees on collections and disbursements.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels9 records

Core offering

Paynamics Technologies is a BSP-regulated Philippine payment service provider that operates a payment gateway, payout/disbursement gateway, SME business wallet (Paybiz), and a white-label Banking-as-a-Service platform (FinSuite/Constellation). The platform consolidates 50+ payment channels — cards, e-wallets (GCash, Maya, Shopee Pay, GrabPay), QR Ph, InstaPay/PESONet bank transfers, over-the-counter cash, and BNPL (Billease, Home Credit) — into a single API integration, serving 5,000+ merchants from SMEs to large enterprises and government agencies.

Product overview

Paynamics Technologies offers a unified payment platform with modular architecture comprising four core products: Paynamics Checkout (payment acceptance gateway), Paynamics Payout/DGATE (mass disbursement solution), Paynamics Business Wallet/Paybiz (SME-focused digital wallet), and FinSuite/Constellation (Banking-as-a-Service/BaaS platform for custom financial ecosystems). Additional offerings include utility payment solutions and a knowledge hub. The platform supports 50+ payment channels including credit/debit cards, e-wallets (GCash, Maya), QR Ph, bank transfers (InstaPay, PESONet), over-the-counter payments, and installment options (Billease, Home Credit). The products integrate via APIs and plug-and-play solutions, serving SMEs to large enterprises across the Philippines.

Differentiator

Problem solved

Functional benefit

Brands

• Paybiz: Business Wallet solution for SMEs enabling payment acceptance and fund disbursement through multiple channels.
• FinSuite (Constellation)
• Paynamics Checkout
• DGATE

Products and services

• Paynamics Checkout A robust and reliable payment gateway solution offering seamless transaction processing with multiple payment methods (credit/debit cards, e-wallets such as GCash, Maya, Shopee Pay, GrabPay, bank transfers, QR Ph, OTC, and BNPL installments via Billease and Home Credit). Designed to reduce cart abandonment and provide a smooth checkout experience for online merchants and enterprises.
• Paynamics Payout (DGATE) Digital mass payout and disbursement gateway enabling bulk disbursements for remittances, payroll, insurance claims, government aid, commission payouts, and customer refunds. Supports bank transfers (InstaPay, PESONet), e-wallet transfers, and over-the-counter cash-out via prefunded Paynamics wallet with guaranteed payout availability.
• Paynamics Business Wallet (Paybiz) All-in-one digital wallet for SMEs enabling payment acceptance and fund disbursement through multiple channels (e-wallets, online banking, over-the-counter, credit cards). Features QR code payments, secure payment links, webstore checkout, user-friendly onboarding, merchant dashboard with inventory management, and a Shopify plugin integration.
• FinSuite (Constellation) BaaS Platform White-label Banking-as-a-Service platform that enables enterprises, fintechs, and government agencies to build branded financial ecosystems. Includes wallet management, cash-in/cash-out, fund transfers, eKYC, bills payment, prepaid load, and access to an interoperable payments network, all delivered via API.
• Paynamics Utilities End-to-end billing and payment solution for utility companies featuring tokenized enrollment for secure customer payment detail storage, e-biller for automated billing and digital notifications, and automated reconciliation and reporting. Used by electricity providers, water districts, and internet service providers with large subscriber bases.

Quantifiable outcome

• 5,000+ merchants empowered to scale their payment systems
• +3 more outcomes

Named customers18 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core and supporting.

• MastercardcoreTechnology or Integration · 21 April 2026Mastercard and Paynamics partnered to bring Mastercard Click to Pay to the Philippines, enabling consumers to use their payment cards without entering card details each time or remembering passwords. This checkout solution was expanded to more Philippine organizations following a July 2025 launch, as reported by BusinessWorld and other Philippine media outlets.
• ShopifycoreTechnology or IntegrationA Shopify plugin is available for Paynamics Business Wallet (Paybiz) merchants, enabling them to seamlessly integrate Paynamics-powered payment options into their Shopify stores and offer the full range of Paynamics payment channels directly within their e-commerce checkout.
• BilleasecoreTechnology or IntegrationPaynamics integrates with Billease as a Buy Now, Pay Later (BNPL) installment option within its checkout solutions, allowing merchants to offer installment payments to price-sensitive consumers at checkout.
• Home Credit PhilippinescoreTechnology or IntegrationPaynamics partners with Home Credit to offer installment payment options via checkout solutions, enabling merchants to cater to consumers who prefer spreading payments over time for higher-ticket purchases.
• Agency Banking Network (Sari-sari stores, Pawnshops, Rural Cooperatives, Remittance Centers, Bayad Centers, 7-Eleven Cliqq)coreChannel Partner/ Reseller/ DistributorPaynamics leverages a network of authorized agents including sari-sari stores, pawnshops, rural cooperatives, remittance centers, Bayad Centers, and 7-Eleven Cliqq outlets to enable over-the-counter bill payment collection, extending reach to unbanked and underserved Philippine communities without requiring customers to have a bank account or smartphone.
• Accredited System IntegratorssupportingImplementation/ SI/ Consulting PartnerPaynamics works with accredited system integrators to deploy FinSuite (Constellation) BaaS solutions for enterprise and government clients, enabling faster time-to-market through plug-and-play components and professional implementation services.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Maya (formerly PayMaya): Philippine digital bank and e-wallet offering direct merchant acquiring rails and payment APIs. Both a payment channel integrated by Paynamics and an emerging direct competitor for merchant payment acceptance, particularly in QR Ph.
• GCash (Mynt / Globe Fintech Innovations): Philippines' largest e-wallet, integrated into Paynamics Checkout as a payment channel but also pushing direct merchant acquiring. The dual partner/competitor dynamic mirrors the tension Paynamics faces as super-apps build their own rails.
• Razorpay: India-headquartered payment gateway and BaaS platform with comparable SMB focus, multi-method checkout, and embedded finance stack. Useful as a comparable for Paynamics' Paybiz (SME wallet) and FinSuite (BaaS) trajectory in an emerging market.

Direct peers

• PayMongo: Philippine-headquartered online payment gateway serving SMEs and enterprises with cards, e-wallets, and online banking. Closest direct competitor to Paynamics Checkout in the Philippines, with overlapping customer base and similar API-first orchestration model.
• DragonPay: Long-standing Philippine payment gateway and aggregator offering multi-channel online and OTC payments including e-wallets, bank transfers, and over-the-counter cash. Directly competes with Paynamics on merchant acceptance breadth and OTC reach.
• 2C2P (Ant Group): Regional payment processor serving merchants across Southeast Asia with card acceptance, alternative payments, and payout infrastructure. Competes with Paynamics in enterprise and cross-border payments for the Philippine market.
• AsiaPay (PayDollar): Asia-focused payment service provider offering PayDollar and PesoPay gateways across multiple Asian markets including the Philippines. Directly comparable in scope of multi-channel online payment acceptance for merchants.
• Xendit: Indonesia-founded but actively expanding across Southeast Asia including the Philippines, offering payment acceptance, payouts, and BaaS. Competes with Paynamics Checkout, Payout, and FinSuite across regional merchants and BaaS customers.

Broad incumbents

• Stripe: Global payment orchestration and processing platform expanding across Southeast Asia. While not specialized in Philippines, its global scale, developer experience, and aggressive regional expansion pose a competitive threat for mid-market and enterprise merchants.
• Adyen: Global unified commerce platform serving large enterprises with card acquiring and alternative payments. Competes for the same large Philippine enterprise accounts (retail, hospitality) that Paynamics serves via its Checkout and FinSuite platform.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xinstagram.com/paynamicsph
• Facebookfacebook.com/paynamicstechnologiesinc
• LinkedInlinkedin.com/company/paynamics-technologies-inc-
• Instagraminstagram.com/paynamicsph

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Paynamics Technologies