Comparison

MTN MoMo vs MyCut.

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

Head to head
About

MTN MoMo

Easily send money to friends and family, top up airtime, and purchase bundles. This app also allows you to pay bills and merchants, offering a comprehensive solution for managing your finances and tracking your money.

Highlights
  • Send money to friends and family
  • Top up airtime
  • Purchase bundles
  • Pay bills
  • Pay merchants
  • Manage money
Features
Read full description

Welcome to the world of MoMo. With MoMo you can send money to friends & family, topup airtime, purchase bundles, pay your bills, merchants and much more. It's a one-stop shop for everything you need. MoMo makes it easy to keep track of your money. You can use MoMo services to manage your money..

About

MyCut.

Features
Read full description

Have you ever been cut out of a deal? Paid less than agreed? Watched a co-agent disappear after closing? MyCut is Nigeria's deal operating system ,the first platform that makes every deal verifiable, every role locked, and every payment automatic. WHAT MYCUT DOES MyCut replaces WhatsApp voice notes and handshakes with a structured deal room where all parties negotiate transparently, consent irrevocably, and are paid automatically — the moment funds arrive. HOW IT WORKS 1. Create your deal and assign roles and split percentages 2. Invite all parties , they see their exact naira amount before joining 3. Negotiate in real time with full audit trail 4. Everyone confirms with BVN-verified identity 5. A dedicated bank account is generated for the deal 6. The exact agreed amount arrives , everyone is paid simultaneously, automatically WHY MYCUT NOW Nigeria's Supreme Court has ruled that WhatsApp agreements are not enforceable contracts for commission claims. Agents must now prove a written agreement and active participation to collect their commission. MyCut creates that proof automatically the negotiation trail is your contract. BUILT FOR Real estate agents splitting commissions Car middlemen protecting finder's fees Creatives splitting brand deal payments Freelancers in multi-party project arrangements Music and entertainment revenue splits Any deal involving more than one payee BUILT ON LICENSED RAILS MyCut runs on 9PSB and Fincra both CBN-licensed financial infrastructure providers. Your identity is verified through Nigeria's BVN system. Your money never passes through MyCut it flows directly from payer to all parties through regulated channels. Every deal. Every party. Every time.

Screenshots

MTN MoMo4 screens
MyCut.4 screens

Verdict

The call

The clearest difference is update cadence: MyCut. at weekly against MTN MoMo's every 4 months. MTN MoMo's advantage is iOS requirement (10.0 vs 15.0). 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.

UpkeepUpdate frequency

MTN MoMo ships an update every 4 months, MyCut. weekly. The most recent releases landed on October 26, 2026 and October 12, 2026 respectively.

Scorecard2 real differences · 8 level
MTN MoMo versus MyCut.: the parameters behind the verdict, then further details
ParameterMTN MoMoMyCut.
PriceFreeFree
Rating3.1 (589 ratings) — better—
Positive reviews7.7% of reviews—
Number of ratings589 — better—
Update frequencyEvery 4 monthsWeekly — better
AdsNoNo
In-app purchasesNoNo
MonetizationFree—
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS10.0 — better15.0
Further details — not scored
Size21 MB59 MB
Age rating4+4+
DeveloperMTNHaulscape Technologies Ltd

Bugs and requests

MTN MoMo

Reported bugs

5 issues
  • App not working on iOS 16
  • Incorrect pin errors
  • Unable to log in or register
  • Fails to send OTP codes
  • Deducts money without completing transactions

Requested features

5 requests
  • Add ability to cancel scheduled transfers
  • Expand bank integration for transfers
  • Improve security with biometric login
  • Allow usage on WiFi networks
  • Reduce transaction fees

MyCut.

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

MTN MoMo

No in-app purchases

None

MyCut.

No in-app purchases

Questions

Is MTN MoMo free?
MTN MoMo is free to download, with no in-app purchases.
Is MyCut. free?
MyCut. is free to download, with no in-app purchases.
Do MTN MoMo or MyCut. have ads?
Neither MTN MoMo nor MyCut. shows ads.
Which is updated more often, MTN MoMo or MyCut.?
MTN MoMo ships an update every 4 months, and MyCut. weekly. Most recently, MTN MoMo was updated on October 26, 2026 and MyCut. on October 12, 2026.

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