OK$ vs Wave Merchant
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
OK$
This app facilitates fast money transfers, bill payments, and mobile recharges. It allows users to shop online, share expenses with friends, and access local promotions. Easily send money to bank accounts or request funds from contacts.
- Fast money transfers
- Bill payments
- Mobile and DTH recharge
- Scan QR code payments
- Request money from friends
- Access local promotions
- Send money to bank accounts
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OK $: OK Dollar lets you do fast money transfers, get deals and payments on the go. Use wallet to recharge mobiles & DTH, buy movie tickets, share bills with friend, buy flowers, order pizza, shop online and do much more. You even do top up to all operators in Myanmar. We have come out with brand new features which is user friendly to mobile users in Myanmar. Make Payment: You can make a fast and easy payment to shopkeepers or merchants using Make Payment option. Enter a registered OK$ number, Enter amount to be paid, remarks click on Submit and make a easy payment. You can use Scan QR Code to simply scan the shop or merchant QR Code and make a payment. Pay Bill For: You can make use of these options to make payment to Toll, Entrance, Parking, Fuel, Restaurant, Hotel, Shop, Supermarket, Ferry, Train, Bus, Intercity Bus, Flight etc. You can enter the respective merchant number, amount, remarks if any and click Submit and can make a simple payment. Send Money To Bank: You can make use of this option to Send your OK $ money to your bank account. Select your bank, bank address, branch, enter account number, beneficiary number click Send and your OK $ money will get transferred to the bank account. Request Money: If you have very low balance and you need to make a very urgent payment, you can make use of request money option to request money from your friend. Simply click on request money option and enter your friend registered OK$ mobile number, enter amount, add attachments if any click on submit and send a request. We have request scheduler to schedule daily request. Promotions: If you want to know any promotion informations near by you or in other location you can make use of this option. Simply click Promotion, you will get displayed with a list of merchants who have promotions, select it and you can avail the promotion. Merchant Location: Using this option you can easily search the merchants in current location as well in other locations around Myanmar. Simply click Merchant Location, you will get displayed with a list of merchants select it and you can make a easy payment. Pay bill: This option made easy for people who go to EB office or Telephone or DTH office to pay bills by standing in queue. You can make use of this option to pay your bills online in simple one click. Add Money To Your OK $ Wallet: If you have low OK $ balance in your account, you can transfer real time money from your bank account to OK $ using this option. You can transfer money to OK $ wallet from your debit card, credit card, online banking, bank counter, OK $ agent. Top Up: You can top to your friends instantly using OK $ top up feature. We do top ups for Ooredoo, MPT, Telenor, Mectel both GSM and CDMA. You can also do data pack recharge and special offers to your friends. And to your own account number. Resale: This feature is introduced for the people who like to sell their main balance to OK $. You can simply enter the selling amount what you need to sell from your main balance. We will validate the amount and give you a best offer price to buy your main balance. Bill Splitter: You can make use of this option to share your bills with friends. Select number of persons to share bill, enter amount, add attachment, enter contact number and click Send. Notification: We notify user if any payment is done, payment is received, or the request received like bill splitter and request money. You can switch between the tabs and can respond to the request came for bill splitter or request money. Electricity Bill: You can make you Electricity Bill payments Online using OK $ App. Enter your Account Number, Meter Number, Amount and pay your monthly electricity bills easily.
Wave Merchant
This app provides merchants with a secure platform for managing online payments and tracking transactions. It offers features like dynamic QR code payments, real-time transaction history, and business analytics to help businesses streamline their financial operations.
- Dynamic QR code payments
- Real-time transaction history
- Business analytics
- Bank settlement
- Secure over-the-counter payments
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Fast, Easy, and Safe Online Payments - Myanmar's Leading Mobile Financial Service. Introduced by Wave Money, the Wave Merchant app brings fast, easy, and secure over-the-counter payment solutions not only for merchants and shops to track each transaction and analyze financial data but also for customers to make payments easier and more convenient. The app includes the following features: Dynamic QR: Customers can now enjoy the most convenient "Scan and Pay" functionality. The cashier keys in the specific payment amount, and customers can effortlessly and conveniently complete their payment by scanning the Dynamic QR code provided by the Wave Merchant app. Real-Time Transaction History Detail & Analytics: Merchants receive real-time transaction notifications and gain access to detailed transaction information. Additionally, the app provides a business analytics tool, allowing merchants to view their total transactions, sales, average daily transactions, average daily sales, etc. Bank Settlement: Merchants can seamlessly settle payments to their linked bank accounts. The app facilitates both cashing into the linked bank account and cashing out from it.
Screenshots
Verdict
The clearest difference is review sentiment: Wave Merchant at 100% against OK$'s 24%. Wave Merchant also leads on rating (4.2 vs 3.6). OK$'s advantage is update cadence (fortnightly vs every 4 months) and ratings volume (502 vs 10). On price, ads, in-app purchases and monetization model there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
Wave Merchant holds the better App Store score, 4.2 against 3.6. That said, the two scores are not equally well evidenced: OK$ has 502 ratings behind it against 10, so its average is the more settled of the two. Written reviews point the same way: 24% of OK$'s written reviews are positive against 100% of Wave Merchant's.
OK$ ships an update fortnightly, Wave Merchant every 4 months. The most recent releases landed on September 19, 2026 and August 21, 2026 respectively.
| Parameter | OK$ | Wave Merchant |
|---|---|---|
| Price | Free | Free |
| Rating | 3.6 (502 ratings) | 4.2 (10 ratings) — better |
| Positive reviews | 23.5% of reviews | 100.0% of reviews — better |
| Number of ratings | 502 — better | 10 |
| Update frequency | Fortnightly — better | Every 4 months |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone, iPod | iPhone, iPad, iPod — better |
| Requires iOS | 13.0 | 13.0 |
| Further details — not scored | ||
| Size | 224 MB | 69 MB |
| Age rating | 4+ | 17+ |
| Developer | Internet Wallet Myanmar Limited | Wave Money |
Customer experience
OK$
Wave Merchant
Bugs and requests
OK$
Reported bugs
17 issues- Login requires re-registration on every session
- SMS OTP codes not received or incorrect codes sent
- Device fingerprint system causes login failures
- App crashes during gift card purchases
- App crashes when selecting top-up amounts
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- Transactions disappear from reports
- SIM change false detection triggering re-verification
- NRC number field validation errors
- Address information not saving correctly
- Form field validation issues
- App crashes on meter bill payments
- App crashes during phone bill transfers
- Contact loading adds extra '0' at beginning
- Password with special characters causes login failure
- 4G connection errors
- App won't launch on certain iOS versions
- Myanmar keyboard defaults to English for passwords
Requested features
7 requests- Simplify user interface similar to KBZ Pay
- Alternative login methods beyond SMS OTP
- Support for all bank branches in transfers
- Improved Myanmar language support
- Better contact management for multiple numbers
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- Fix brightness setting override behavior
- Text replacement functionality in contact search
Wave Merchant
Not enough reviews yet to summarise bugs or requests.
In-app purchases
OK$
No in-app purchases
Wave Merchant
No in-app purchases









