Comparison

KongaPay vs MoneyMaster PSB

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

KongaPay

This mobile wallet simplifies payments, transfers, and savings. It offers instant money transfers, bill payments, and tools for businesses. Earn rewards on savings and enjoy discounts on purchases.

Highlights
  • Instant money transfers
  • Bill and subscription payments
  • Savings with interest
  • Loyalty rewards on balance
  • Discounts on Konga.com
  • Business tools for vendors
Features
Read full description

KongaPay is Nigeria’s all-in-one mobile wallet designed to make payments simple, secure, and seamless from instant transfers to bill payments, savings, and business tools. KongaPay gives you total control of your money. What You Can Do With KongaPay: - Send & Receive Money Instantly: Transfer funds conveniently with high success rates and no failed transactions. - Pay Bills, Subscriptions & More: Settle airtime, data, electricity, and cable bills all in one tap. - Save with K-Save: Fix your income and grow your money effortlessly. Earning up to 24% per annum. - Loyalty Rewards: Earn 6% per annum on your wallet balance with no minimum balance. - Shop & Pay on Konga.com with Discounts: Get frequent discounts when you pay with KongaPay on Konga.com. It's smart and secure shopping. - Safe, Simple & Trusted: KongaPay is licensed by the Central Bank of Nigeria (CBN) and insured by - Go Pro Feature: Unlock tools made for small businesses, vendors, and freelancers: Request a POS terminal, create payment links to get paid via card, transfer, or USSD, track your inventory, and increase your daily transfer limits up to ₦25 million. Why Users Love KongaPay: . Fast and reliable transfers . Secure POS access for businesses . Easy-to-use interface for savings and spending . 24/7 customer support . Built for both personal and business needs Download KongaPay today and take complete control of your personal and business finances in one app.

About

MoneyMaster PSB

This digital banking app offers mobile wallets, savings, and current accounts for individuals and businesses. Manage funds, send money, pay bills, and purchase airtime/data conveniently.

Highlights
  • Mobile wallets
  • Savings and current accounts
  • Fund transfers
  • Bill payments
  • Airtime and data top-up
  • Business payment solutions
Read full description

MoneyMaster Payment Service Bank (MMPSB) is a leading digital bank in Nigeria that offers a broad range of services that include mobile wallets, savings account, individual current account and business account. Through these accounts, our customers can deposit and withdraw funds, send money, buy airtime and data, purchase or renew cable TV subscriptions, and pay utility bills, such as electricity and water, all from the palm of your hand. We support businesses by offering them bespoke seamless payment solutions, tailored collection services and vendor payment management. Registration: • Glo Customers: Simply enter your active Glo phone number to get started; no additional documents are required. If you wish to increase your transaction limits, you can provide your BVN (Bank Verification Number) for further validation. • Non-Glo Customers: You can open an account by using the phone number registered in your BVN profile. Enter your BVN, and you're good to go. Both Glo and non-Glo customers must use their BVN phone number for BVN validation, whether for account opening or limit adjustments. Types of Accounts: • Glo Customers: You can open a tier-2 mobile wallet without the need for additional validation. After BVN validation, customers from all Mobile Money Operators (MMOs) can open Savings and Current accounts. Savings and Current accounts come with a mobile wallet and default Tier-3 transaction limits. You can customize your transaction limits in the App settings. Services: 1. Fund Your Account: • Via Mobile Banking App: Open your existing mobile banking app, select the "send" or "transfer funds" option, enter the recipient's phone number without the first '0' (e.g., 805557xxxx), choose 'MoneyMaster PSB' as the recipient bank, enter your PIN, and submit. • At a Gloworld Shop: Visit your nearest Gloworld shop and deposit cash at the cashier's desk to fund your wallet. 2. Send & Receive Money: You can send money to any bank account or mobile wallet in Nigeria by providing the beneficiary's bank account number and bank name. To receive funds, simply share your phone number without the first zero as your account number. Alternatively, you can share your 10-digit savings or current account number (NUBAN) with the sender. 3. Withdraw Cash: To withdraw cash, visit your nearest Gloworld location. From your app, select 'withdraw,' enter the 6-digit agent code displayed at the cashier's desk, specify the amount, input your Transaction PIN, and you're done. Collect your cash from the cashier. 4. Buy Airtime & Data: You can purchase airtime for any mobile network operator in Nigeria and buy data packs directly from the app. We provide a pop-up menu for easy selection of data bundles for each operator. 5. Cable TV: Access the cable TV icon on the app, choose your service provider, select your plan, enter your customer ID (smartcard number), and submit. 6. Electricity: Navigate to the electricity icon on the app's homepage, select your biller, enter your meter number, specify the amount, input your PIN, and submit. For added convenience, you can save beneficiaries for future transactions. Check your most recent or historical transactions through the 'Transaction' button in the app's footer menu. To learn more about MoneyMaster PSB , please visit our website (https://moneymasterpsb.com/) or follow us on social media: • Facebook: https://www.facebook.com/profile.php?id=61552839581320&mibextid=LQQJ4d • Twitter: https://twitter.com/Moneymasterpsb • Instagram: https://www.instagram.com/moneymasterpsb/

Screenshots

KongaPay4 screens
MoneyMaster PSB4 screens

Verdict

The call

The clearest difference is rating: KongaPay at 4.4 against MoneyMaster PSB's 2.2. KongaPay also leads on review sentiment (52% vs 29%) and update cadence (fortnightly vs every 2 months). MoneyMaster PSB's advantage is monetization model (free vs free with in-app purchases). On price, ads, in-app purchases and device support 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

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

ReceptionRating · Positive reviews · Number of ratings

KongaPay holds the better App Store score, 4.4 against 2.2. That said, the two scores are not equally well evidenced: KongaPay has 149 ratings behind it against 23, so its average is the more settled of the two. Written reviews point the same way: 52% of KongaPay's written reviews are positive against 29% of MoneyMaster PSB's.

UpkeepUpdate frequency

KongaPay ships an update fortnightly, MoneyMaster PSB every 2 months. The most recent releases landed on October 24, 2026 and October 27, 2026 respectively.

Scorecard5 real differences · 5 level
KongaPay versus MoneyMaster PSB: the parameters behind the verdict, then further details
ParameterKongaPayMoneyMaster PSB
PriceFreeFree
Rating4.4 (149 ratings) — better2.2 (23 ratings)
Positive reviews52.0% of reviews — better28.6% of reviews
Number of ratings149 — better23
Update frequencyFortnightly — betterEvery 2 months
AdsNoNo
In-app purchasesNoNo
MonetizationFree with in-app purchasesFree — better
DevicesiPhone, iPodiPhone, iPod
Requires iOS15.615.1 — better
Further details — not scored
Size103 MB60 MB
Age rating4+17+
DeveloperKonga Online Shopping LimitedMoneyMaster Payment Service Bank Limited

Customer experience

KongaPay

All ratings149 ratings
Positive83.2%
Neutral3.4%
Negative13.4%
Written reviews25 reviews
Positive52.0%
Neutral0.0%
Negative48.0%

MoneyMaster PSB

All ratings8 ratings
Positive37.5%
Neutral12.5%
Negative50.0%
Written reviews7 reviews
Positive28.6%
Neutral0.0%
Negative71.4%

In-app purchases

None

KongaPay

No in-app purchases

None

MoneyMaster PSB

No in-app purchases

Questions

Is KongaPay free?
KongaPay is free to download, with no in-app purchases.
Is MoneyMaster PSB free?
MoneyMaster PSB is free to download, with no in-app purchases.
Which has better reviews, KongaPay or MoneyMaster PSB?
KongaPay is rated higher. KongaPay averages 4.4 out of 5 from 149 ratings, while MoneyMaster PSB averages 2.2 from 23 ratings.
Do KongaPay or MoneyMaster PSB have ads?
Neither KongaPay nor MoneyMaster PSB shows ads.
Which is updated more often, KongaPay or MoneyMaster PSB?
KongaPay ships an update fortnightly, and MoneyMaster PSB every 2 months. Most recently, KongaPay was updated on October 24, 2026 and MoneyMaster PSB on October 27, 2026.

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