It is a 2.8% percentage (per month) of the order amount equally divided by the agreed payment plan.
For example, you purchase an item of PHP700 and selected a 6 months payment plan
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Item amount: PHP700
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Less voucher: PHP15
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Actual order amount: PHP685
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Total service fee of 2.8% per month: PHP 115.08 (PHP 19.18 per month x 6 months)
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Total payable: PHP 800.08 (PHP 685 + PHP 115.08)
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Total payable per month x 6 months: PHP 133.35