Photo shows PayMongo executives : Jaime Hing III, chief technology officer; Francis Plaza, chief executive officer; and Luis Sia, chief commercial officer.
Mr. Plaza, the company’s CEO, shared in an interview that PayMongo’s founders started addressing the pain point by trying to figure out how to make payments easy for everyone, regardless of their expertise in technology. PayMongo started out with its one-time payment links, wherein merchants can accept Visa, Mastercard, GCash, GrabPay, and over-the-counter payments via SMS, chat, or e-mail.
“Our mission is to grow the Internet economy of emerging markets, which is composed of millions of small and medium businesses; and what better way to meet that mission than by helping them grow their businesses on the Internet as well. These will become among our biggest customers in the long run,” Mr. Plaza said.