Element vs Payment Labs
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Element
Access your accounts conveniently with mobile check deposit, branch information, and contact details. Manage your finances on the go with secure mobile banking features.
- Mobile check deposit
- Account access
- Branch information
- Contact details
- Secure mobile banking
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Element Federal Credit Union Mobile provides members convenient access to our website, mobile check deposit, mobile banking, branch and contact information.
Payment Labs
This app allows individuals and businesses to receive payments from organizations and pay associated fees. It provides a centralized platform for managing payment and tax information, tracking transactions, and updating account details.
- Receive prize money and earnings
- Pay registration and entry fees
- Complete identity verification
- Manage payment methods
- Track payment status
- View transaction history
- Access tax documents
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The Payment Labs app lets you receive payments from organizations using the platform and pay fees to them. The app gives athletes, competitors, creators, contractors, vendors, and other individuals and businesses one place to complete account setup, manage payment and tax information, and track transactions. With the Payment Labs app, you can: - Receive prize money, competition winnings, earnings, contractor and vendor payments, and other payouts - Pay registration fees, entry fees, and other charges - Complete identity verification and submit required tax information - Add or update your preferred payment method - Track pending, completed, and returned payments - View your transaction history and available tax documents - Update your account information and payment details - Contact Payment Labs support Available payment methods, currencies, fees, and processing times vary by location and transaction type.
Screenshots
Verdict
The clearest difference is review sentiment: Payment Labs at 100% against Element's 0%. Payment Labs also leads on rating (5.0 vs 4.1) and monetization model (free vs ad-supported). On price, ratings volume, 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
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
Payment Labs holds the better App Store score, 5.0 against 4.1. Both are backed by a comparable volume of ratings — 9 and 4 respectively. Written reviews point the same way: 0% of Element's written reviews are positive against 100% of Payment Labs's.
| Parameter | Element | Payment Labs |
|---|---|---|
| Price | Free | Free |
| Rating | 4.1 (9 ratings) | 5.0 (4 ratings) — better |
| Positive reviews | 0.0% of reviews | 100.0% of reviews — better |
| Number of ratings | 9 — better | 4 |
| Update frequency | Every 3 weeks | — |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Ad-supported | Free — better |
| Devices | iPhone, iPad — better | iPhone |
| Requires iOS | 17.0 | 16.4 — better |
| Further details — not scored | ||
| Size | 61 MB | 45 MB |
| Age rating | 4+ | 4+ |
| Developer | Element FCU - Biz Banking | Payment Labs |
Customer experience
Element
Payment Labs
In-app purchases
Element
No in-app purchases
Payment Labs
No in-app purchases
