PayMongo, a leading digital financial service provider in the Philippines, has introduced the PayMongo Wallet to simplify digital transactions for small and medium enterprises (SMEs).
The wallet includes features such as Cash Flow Management, Transaction Tracking, Faster Payouts, and Flexible Platform Integrations. These tools streamline financial operations, improve transaction visibility, and provide quicker access to funds.
Jojo Malolos, PayMongo chief executive officer, said that the PayMongo Wallet aims to revolutionize financial transactions for SMEs by providing a secure and efficient solution.
“The PayMongo Wallet enhances business operations and financial management, helping Filipino SMEs thrive in the digital age,” he said.
Luis Sia, PayMongo co-founder and chairperson, added that the platform meets the security standards of the Bangko Sentral ng Pilipinas (BSP), including PCI-DSS and SOC2 compliance, to protect merchants from cyber threats. – EDISON JOSEPH GONZALES
