Comparison

Monex Pay vs TransferMex

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

Head to head
About

Monex Pay

Manage your Monex Europe accounts on the go. Conduct FX trades and international payments in over 50 currencies with live exchange rates. Securely track payment statuses and manage beneficiaries with multi-user authorization.

Highlights
  • FX trade and payment management
  • Access to Monex Europe accounts
  • Live exchange rates
  • Track payment status
  • Manage beneficiaries
  • Multi-user authorization
Read full description

The Monex Pay app offers business and private clients mobile access to their Monex Europe accounts, enabling the management of foreign exchange payments, balances, FX trades and accounts with ease. Take greater control of your business’ online foreign exchange transactions, using live exchange rates and track the status of your payments. Key features of the Monex Pay app: - Control over all FX trades and fast, secure international payments in over 50 currencies - Different types of foreign currency transactions, including same-day, tomorrow and spot contracts - Easily manage, view and add beneficiaries with full multi-user authorisation

About

TransferMex

Easily move money internationally, including to Mexico, El Salvador, Honduras, and Peru. Receive paychecks directly to your card and make purchases anywhere Mastercard is accepted. Send money via bank transfer or cash pickup to save on fees.

Highlights
  • International money transfers
  • Direct deposit to card
  • Mastercard purchases
  • Bank transfer option
  • Cash pickup option
  • Supports multiple countries
Features
Read full description

Move money to Mexico (or more countries) with ease. Receive your paychecks directly to your TransferMex card. No more cashing checks! Make purchases in-store & online anywhere Mastercard is accepted with your TransferMex card. Send money directly via bank transfer or cash pickup to save on fees. We currently support the following countries: - Mexico - El Salvador - Honduras - Peru More countries will be supported soon.

Screenshots

Monex Pay3 screens
TransferMex4 screens

Verdict

The call

The clearest difference is rating: Monex Pay at 5.0 against TransferMex's 2.3. Monex Pay also leads on review sentiment (100% vs 60%). TransferMex's advantage is ratings volume (12 vs 2). On price, update cadence, ads and in-app purchases 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

Monex Pay holds the better App Store score, 5.0 against 2.3. That said, the two scores are not equally well evidenced: TransferMex has 12 ratings behind it against 2, so its average is the more settled of the two. Written reviews point the same way: 100% of Monex Pay's written reviews are positive against 60% of TransferMex's.

UpkeepUpdate frequency

Monex Pay ships an update every 3 weeks, TransferMex every 4 weeks. The most recent releases landed on October 12, 2026 and October 17, 2026 respectively.

Scorecard3 real differences · 7 level
Monex Pay versus TransferMex: the parameters behind the verdict, then further details
ParameterMonex PayTransferMex
PriceFreeFree
Rating5.0 (2 ratings) — better2.3 (12 ratings)
Positive reviews100.0% of reviews — better60.0% of reviews
Number of ratings212 — better
Update frequencyEvery 3 weeks — betterEvery 4 weeks
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPodiPhone, iPad, iPod — better
Requires iOS14.0 — better15.5
Further details — not scored
Size14 MB97 MB
Age rating4+4+
DeveloperMonex Europe LtdTransferMex

Customer experience

Monex Pay

All ratings2 ratings
Positive100.0%
Neutral0.0%
Negative0.0%
Written reviews3 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

TransferMex

All ratings12 ratings
Positive33.3%
Neutral0.0%
Negative66.7%
Written reviews5 reviews
Positive60.0%
Neutral0.0%
Negative40.0%

In-app purchases

None

Monex Pay

No in-app purchases

None

TransferMex

No in-app purchases

Questions

Is Monex Pay free?
Monex Pay is free to download, with no in-app purchases.
Is TransferMex free?
TransferMex is free to download, with no in-app purchases.
Which has better reviews, Monex Pay or TransferMex?
Monex Pay is rated higher. Monex Pay averages 5.0 out of 5 from 2 ratings, while TransferMex averages 2.3 from 12 ratings.
Do Monex Pay or TransferMex have ads?
Neither Monex Pay nor TransferMex shows ads.
Which is updated more often, Monex Pay or TransferMex?
Monex Pay ships an update every 3 weeks, and TransferMex every 4 weeks. Most recently, Monex Pay was updated on October 12, 2026 and TransferMex on October 17, 2026.

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