PayMongo Platforms vs Rainforest
PayMongo Platforms
paymongo.comRainforest
rainforestpay.comSide by side
| Figure | PayMongo Platforms | Rainforest |
|---|---|---|
| Price from | — | $0.20/mo |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Plans published | 3 | 16 |
| Spec score · Payment Facilitation Platforms | 7.1 (#18) | 8.3 (#6) |
| Spec score · Embedded Payments Platforms | 7.1 (#25) | 8.3 (#5) |
| Merchant onboarding | The product offers hosted merchant onboarding and compliance-ready workflows. | Real-time merchant onboarding includes KYC and KYB decisions that documentation says can arrive within minutes. |
| Payment methods | It supports cards, e-wallets, bank transfers, and QR Ph payments, including GCash, Maya, and GrabPay. | The platform supports cards, PayPal, Venmo, PayPal Pay Later, ACH, Apple Pay and terminals. |
| Product | PayMongo Platforms is embedded payments infrastructure that lets marketplaces and SaaS platforms onboard merchants, process payments, and manage payouts through one API integration. | Rainforest is a payments-as-a-service solution that lets software platforms embed payments so their merchants can accept payments from users. |
| Security | The product page states that PayMongo Platforms uses BSP-regulated infrastructure, end-to-end encryption, advanced fraud detection, and PCI DSS compliance. | Rainforest says it is PCI DSS Level 1 certified and hosts its platform on AWS. |
Plans
PayMongo Platforms
- Embedded Financial ServicesPriced on request
- Merchant OnboardingPriced on request
- Payment SplittingPriced on request
Rainforest
- ACH transaction$0.20, paid once
- ACH transaction$0.20 a month
- Card transaction 150k–250k$0.20 a month
- Card transaction fees$0.20 a month
- Card transaction fees$0.20, paid once
- Card volume tier 15–25m$0.20 a month
- Standard payout$0.20, paid once
- Standard payout$0.20 a month
- Account updater$0.23 a month
- Account updater$0.23, paid once
In their own words
PayMongo Platforms
PayMongo Platforms has no write-up on Specifiction yet; its figures are above.
Rainforest
Rainforest is a payments-as-a-service solution for software platforms that want to embed payment acceptance for their merchants. It focuses on platform relationships rather than working directly with merchants. Supported payment methods include cards, Apple Pay, PayPal Wallet, Venmo, PayPal Pay Later, ACH, and validated ACH. Platforms can integrate using embedded components, an API-only setup, or a hybrid approach. Components cover merchant onboarding, payment acceptance, reporting, and chargeback management. Rainforest performs KYC and KYB checks and says its documentation returns an approved, declined, or manual-review response within minutes. Its product page describes one daily deposit covering all payment methods, accompanied by an itemized report. Reports can show transaction-level costs, profitability, and calculations of platform earnings. Rainforest says it is PCI DSS Level 1 certified and hosts its platform on AWS; it also describes encryption in transit and at-rest protection for card information. Integration support includes senior engineers, guides, and sandbox testing. Direct API processing of full card and bank account numbers requires approval. The pricing page says higher-volume card pricing is available through sales, and the risk management fee depends on assessed risk.