Summary of plugin/SDK tools that support Philippine payments: an essential developer's guide

Philippine Payments Market Overview

With the booming digital economy in Southeast Asia, the Philippines has become one of the fastest growing e-payment markets in the region. According to statistics, there are more than 40 million e-wallet users in the Philippines in 2023, and digital payment transactions are expected to exceed P1 trillion by 2025. This fast-growing market offers huge opportunities for global merchants.

Choosing the right payment integration tool is crucial for businesses looking to enter the Philippine market. In this article, we will provide a comprehensive overview of the mainstream plugin and SDK solutions that support Philippine payments in the market today.

Mainstream payment gateway and SDK solutions

PayPal Philippines SDK

As a globally recognised online payment platform, PayPal has a wide user base in the Philippines:

• Main featuresSupport for PHP currency settlement, full API documentation, fraud protection mechanisms
• Integration method: REST API, mobile SDK (Android/iOS), JavaScript libraries
• Applicable Scenarios: cross-border e-commerce, SaaS service subscriptions, international remittances
• handling fee:: 4.4% + fixed fee (varies according to transaction type)

GCash Official Development Kit

GCash is the largest homegrown e-wallet in the Philippines:

• core functionality: Code payment, bill instalment, cross-border remittance (GCash International)
• Technical Advantage: Provide sandbox test environment, detailed error code documentation
• special requirementRequired to apply for a merchant account and pass a qualification test
• Typical Application Cases: Local e-commerce platform Lazada Philippines has deep GCash integration

Maya (formerly PayMaya) Developer Platform

Full-stack financial solutions from Maya Bank:

Maya (formerly PayMaya) Developer Platform Explained

As the leading digital banking and payment solution in the Philippines, Maya provides developers with comprehensive integration tools:

Core Functional Features

• Multiple Payment Methods SupportIncludes Maya e-wallet, card payments (Visa/Mastercard), QR code payments and offline agent outlet payments.
• instalment service: Support 3/6/12 month instalment options to enhance users' purchasing power
• Bill Payment API: Can be used for regular bill payments such as utilities, telecoms top-ups, etc.
• Funds transfer function: Support for real-time person-to-person (P2P) and business-to-person (B2P) transfers

Technology Integration Programme

1. Standard Checkout Process

   • Web-based JavaScript SDK for One-Click Checkout Experience
   • Mobile native SDK (iOS/Android) to optimise in-app payment process

2. Direct API access

   • RESTful API designed to meet modern development standards
   • Webhook notification mechanism ensures real-time synchronisation of transaction statuses

3. QR Ph Specification Implementation
   Fully compliant with the national QR code standards set by the Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines

Rate structure analysis (2024 update)

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Maya (formerly PayMaya) Developer Platform Explained (continued)

Rate structure analysis (updated and complete for 2024)

| Trading Types | Rates | Surcharges | Settlement Periods |
|———|———-|———|———–|
| Maya Wallet Balance Payment | 0% | PHP10 Fixed Fee | T+1 Working Days |
| Visa/Mastercard Debit Card | 1.5%+PHP15/stroke |- | T+2 Business Days |
| Credit Card | from 2.8% +PHP20/stroke*
*Negotiable depending on monthly volume*
Extra 0.5-1% per instalment
International Cards from 3.9%
|-
* Minimum charge PHP25|
T+3 to T+7 working days
* Depends on the card issuer|

\* *Large merchants (over P5 million monthly turnover) may apply for a customized rate plan*

PCI DSS Compliance Requirements
- SAQ A for merchants using only Maya hosted checkout pages
- SAQ D is suitable for integration with direct card data processing
- Tokenisation services help reduce the scope of compliance

—

Dragonpay Gateway Solutions

Veteran Philippine-based payment aggregator platform that supports unique offline payment channels:

Featured Channel Coverage
✅ Over-the-Counter payment:
- Cebuana Lhuillier
- M Lhuillier
- Palawan Pawnshop

✅ ATM Bank Transfer: Support real-time transfer notification from 23 local banks such as BDO, BPI, etc.

✅ eWallet eWallet interconnection: including emerging platforms such as GrabPay, Coins.ph and others

API Technical Parameters
"`php
// PHP Sample Code - Dragonpay Standard Access
$merchantId = "YOUR_MERCHANT_ID";
$secretKey = "YOUR_SECRET_KEY";

$params = [
'transactionId' => uniqid(),
'amount' => number_format($amount,2),
'currency' => 'PHP',
'description' => urlencode("Order#".$orderNo),
// ...other required fields...
];

// Generate signature key
ksort($params).
$signatureString = implode(':', $params)." :".$secretKey;
$digest = sha1($signatureString);
“`

—

PayMongo Modern API Priority Architecture

The newest representative of FinTech in the Philippines, offering a developer-friendly tech stack:

SDK multilingual support list:
🟢 Official Maintenance Version
- Node.js (npm install paymongo)
- Python (pip install paymongo)
- PHP Composer Package

🟡 Community Driver Version
- Golang - Ruby - Java

A selection of Webhook event types:
"`json
{
"event": "payment.failed",
"data":{
"failure_code": "insufficient_funds",
"retry_count":2,
"next_attempt_at": "2024-03-15T08:00:00Z"
}
}
“`
Special features: automatic retry logic configuration, failure cause classification statistics panel

—

GrabPay Business Integration Solution

Export of payment capabilities from Southeast Asian super apps:

O2O Scenario Advantage Matrix:
📱 In-App Deep Linking - `grab://pay?code=XXXXX` Deeply evokes the user's app to complete the authentication process

🏪 POS Integration Kit - GrabMerchant Terminals Native Compatibility for F&B Retail

🚗 Transport eco-linkage - GrabRewards points can be directly credited against the billing amount of a Loyalty Merchant