# OK$ vs Wave Merchant

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.

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.

## The numbers

| Metric | OK$ | Wave Merchant |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [3.6 (502 ratings)](https://appshunter.io/ios/app/ok/id1067828611/reviews) | **[4.2 (10 ratings)](https://appshunter.io/ios/app/wave-merchant/id6456263921/reviews)** |
| Number of ratings | **502** | 10 |
| Positive reviews | 23.5% of reviews | **100.0% of reviews** |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | **Fortnightly** | Every 4 months |
| Monetization | Free | Free |
| Size | 224 MB | 69 MB |
| Requires iOS | 13.0 | 13.0 |
| Devices | iPhone, iPod | **iPhone, iPad, iPod** |
| Age rating | 4+ | 17+ |
| Developer | [Internet Wallet Myanmar Limited](https://appshunter.io/developer/1067828610) | [Wave Money](https://appshunter.io/developer/1234535228) |

## What reviewers say

### OK$

[App page](https://appshunter.io/ios/app/ok/id1067828611)

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.

**Highlights:** 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

**In-app purchases:** none

**What reviewers like**

- 🚀 Easy money transfers
- 📊 Comprehensive reporting features
- 💳 Multiple payment functions available
- ⏱️ Convenient top-up services

**What reviewers complain about**

- 🐛 Persistent login issues and crashes
- 😤 Poor user interface design
- 🔐 Overly complicated registration process
- 📱 Device/SIM change detection problems
- ⚠️ Frequent app crashes during transactions

**Reported bugs**

- 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

**Requested features**

- 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


### Wave Merchant

[App page](https://appshunter.io/ios/app/wave-merchant/id6456263921)

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.

**Highlights:** Dynamic QR code payments, Real-time transaction history, Business analytics, Bank settlement, Secure over-the-counter payments

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none


## Frequently asked questions

### Is OK$ free?

OK$ is free to download, with no in-app purchases.

### Is Wave Merchant free?

Wave Merchant is free to download, with no in-app purchases.

### Which has better reviews, OK$ or Wave Merchant?

Wave Merchant is rated higher. OK$ averages 3.6 out of 5 from 502 ratings, while Wave Merchant averages 4.2 from 10 ratings.

### Do OK$ or Wave Merchant have ads?

Neither OK$ nor Wave Merchant shows ads.

### Which is updated more often, OK$ or Wave Merchant?

OK$ ships an update fortnightly, and Wave Merchant every 4 months. Most recently, OK$ was updated on September 19, 2026 and Wave Merchant on August 21, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*