Monese vs MiFinity

Monese is the banking alternative you’ve been waiting for. We’re the money app that helps you budget smartly, spend wisely and switch between currencies in a flash. Whether you need a GBP, EUR or RON account (or all 3!), you’ll be able to manage your money straight from your phone and enjoy the flexibility to live, work, travel, study and thrive wherever life takes you. We even have business accounts! Join over 2 million people and open a Monese mobile money account today. It’s simple, fuss-free and easy – so how does it work? • Open a GBP, EUR or RON account, straight from your phone • Easily switch between currencies and manage your money all in one place • Get a contactless Mastercard debit card you can use globally – online, in-store or at ATMs • Spend abroad with no extra fees on card spending and ATM withdrawals • Quickly send and receive money locally and internationally in multiple currencies • Create a virtual card and pay online or in-store for an extra layer of security • Open a joint account to easily spend, share and save with a loved one, roommate or friend With our feature-rich smartphone app, you’ll also get: • Real-time notifications: Instant updates whenever you use your account • A detailed spending overview: Full transparency around your transactions • Savings pots: Put money aside for something special • Apple Pay: A fast, easy and secure way to pay with your Apple Pay • Automatic Direct Debits and recurring payments: the easy way to pay for things like mobile phone contracts, rent, or gym memberships Plus, you can also: • Build your credit score: Use Credit Builder to grow your credit history and savings at the same time (UK only) • Link your PayPal account: Manage your PayPal balance and transactions from Monese, and add your Monese card to your PayPal wallet • Enjoy state-of-the art security features: 3D Secure, card locking, strong encryption and biometric login • Get instant account statements in PDF or XLS whenever you need Enjoy the convenience of being able to send and receive money straight from your phone, get your salary paid in, set up Direct Debits and recurring payments, all while maintaining a complete overview of your earning, spending and saving. Withdraw cash from ATMs worldwide for free, within generous allowances, and add money to your account by bank transfer, debit card, or with cash at over 84,000 locations in the UK, Austria, Belgium, Bulgaria, France, Luxembourg, the Netherlands, Poland, Portugal or Spain. You can open an account with us regardless of your citizenship or financial history, as long as you’re at least 18 years old and live in the European Economic Area (EEA).

MiFinity is a secure digital wallet for online payments, money transfers and multi-currency money management. Trusted by more than 1 million customers, MiFinity lets you pay online, add funds, send money and manage multiple currencies from one easy-to-use app. PAY ONLINE WITH MIFINITY • Use your MiFinity eWallet to pay at participating online merchants. Choose from more than 75+ payment methods, depending on your location, account status and availability. ADD FUNDS YOUR WAY • Top up using available cards, bank transfers, local payment methods or a MiFinity eVoucher. The funding options shown in your account depend on your country, verification status and eligibility. SEND MONEY AND WITHDRAW FUNDS • Make money transfers to other MiFinity users using their registered email address or account number. You can also withdraw funds to supported bank accounts where available. Fees, limits, currencies and processing times vary. MANAGE UP TO 9 WALLETS IN 18 CURRENCIES • Keep your balances organised across up to nine eWallets. Move money between your own wallets and convert supported currencies. Terms and conditions apply subject to your acceptance. EARN REWARDS WITH MIREWARDS • Earn MiPoints through qualifying wallet activity and redeem them for available cash credit rewards. Progress through MiRewards tiers to access additional benefits. Eligibility, availability and programme terms apply. VIRTUAL IBAN FOR ELIGIBLE CUSTOMERS • Verified customers in the UK and EEA may be able to request a GBP or EUR Virtual IBAN, subject to eligibility and availability. Use it to add funds by supported bank transfer with no MiFinity deposit fee. Your bank or any another provider may apply additional charges. SECURITY AND ACCOUNT CONTROL • Biometric sign-in on supported devices • Two-factor authentication • PCI DSS Service Level 1 compliance • Strong Customer Authentication • Transaction history and account notifications GLOBAL ACCESS, LOCAL CHOICE • MiFinity is available in more than 223 countries and territories and supports 21 languages. Services, features, payment methods and currencies vary from country by country and are subject to eligibility, verification, limits, T&Csand applicable fees. Download MiFinity to manage online payments, money transfers, eVouchers and multiple currencies from one secure eWallet. Fees and limits: https://www.mifinity.com/fees/ Learn more: https://www.mifinity.com/ COMPLIANCE AND MONITORING • Transactions are monitored for compliance with applicable laws and regulations. • We may request additional information and/or supporting documentation to process or complete a payment. • Providing false or misleading information may result in account termination and closure. REGULATORY INFORMATION MiFinity UK Limited, trading as MiFinity, is authorized by the Financial Conduct Authority under the Electronic Money Regulations 2011 [Register Ref. 900090] to issue electronic money. Registered in Northern Ireland. Suite B 6th Floor, City Exchange, 11-13 Gloucester St, Belfast BT1 4LS, United Kingdom. Registration number NI611169. Mifinity Malta Limited is a limited liability company incorporated and registered under the Laws of Malta with company registration number C 64824. Moreover, Mifinity Malta Limited is authorised by the Malta Financial Services Authority (MFSA), bearing Authorised Person ID: MFT, to carry out payment services and e-money services and is a local Financial Institutions licensed to provide Payment Services under the 2nd Schedule and issue electronic money under the 3rd Schedule to the Financial Institutions Act (Electronic Money Institutions) exercising the freedom to provide services outside Malta.