Comparison

iWallet vs Element Pay

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

Head to head
About

iWallet

This app allows users to process credit card payments and deposit checks directly from their smartphone or tablet. It eliminates banking fees and paper check handling costs, offering secure contactless payment options and built-in tipping features. Funds are transferred to your bank account within a few business days.

Highlights
  • Mobile check deposits
  • Contactless payments (Tap to Pay)
  • Reputation management
  • Tipping feature
  • Unlimited sub accounts
  • Fraud detection
Features
Read full description

iWallet, a BBB A+ rated payment app to process credit cards or deposit checks in the field anytime, anywhere with a smartphone or tablet. > Mobile checks deposits into your existing bank account > Banking fees and paper check handling costs are eliminated > Tap to Pay, the most secure way to accept contactless payments > Reputation management included for no additional charge > Tipping feature built in which helps with employee retention > Unlimited sub accounts supports multiple users > Process checks risk free with optional check guarantee protection > Funds are transferred to your bank account in two to three business days. > Fraud detection instantly verifies consumer checking accounts before completing the transaction > All payments are processed through Fifth Third Bank or Well Fargo > Must be 18 years or older to use the iWallet

About

Element Pay

This app simplifies fuel management for corporate fleets by enabling cardless and contactless payments directly from vehicles at the pump. It leverages vehicle authentication technology for a seamless and secure transaction process.

Highlights
  • Cardless fuel payments
  • Contactless transactions
  • Vehicle authentication
  • Fleet fuel spend management
  • Direct pump integration
Features
Read full description

Corporate fleets can easily manage their fuel spend with the cardless and contactless Element Pay app. Attention fleet managers and drivers: In order to use Element Pay, your corporate fleet must be registered with Element. You will receive an invite directly from Element to access and use Element Pay at the pump. Element Pay is the easier and smarter fleet fuel payment solution. Powered by Know your Machine® software technology, which authenticates the vehicle, not the driver, Element Pay enables vehicles to connect directly to the fuel pump. No cards or driver prompts required! Element Pay – Know Your Machine® Car IQ is a financial technology company and not a bank. Credit Card Services are provided and issued by Maps Credit Union, insured NCUA. [:mav: 2.34.0]

Screenshots

iWallet3 screens
Element Pay4 screens

Verdict

The call

iWallet and Element Pay both sit at 4.8 stars, but that hides the real split: 100% of Element Pay's written reviews are positive against 73% of iWallet's. iWallet's advantage is ratings volume (897 vs 21) and update cadence (weekly vs every 3 weeks). On price, rating, 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

On the App Store both sit at effectively the same score — 4.8 for iWallet against 4.8 for Element Pay. That said, the two scores are not equally well evidenced: iWallet has 897 ratings behind it against 21, so its average is the more settled of the two. Written reviews are what separate them: 73% of iWallet's written reviews are positive against 100% of Element Pay's.

UpkeepUpdate frequency

iWallet ships an update weekly, Element Pay every 3 weeks. The most recent releases landed on September 29, 2026 and September 12, 2026 respectively.

Scorecard4 real differences · 6 level
iWallet versus Element Pay: the parameters behind the verdict, then further details
ParameteriWalletElement Pay
PriceFreeFree
Rating4.8 (897 ratings)4.8 (21 ratings)
Positive reviews72.7% of reviews100.0% of reviews — better
Number of ratings897 — better21
Update frequencyWeekly — betterEvery 3 weeks
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPad, iPod — betteriPhone
Requires iOS15.6 — better16.2
Further details — not scored
Size158 MB151 MB
Age rating12+4+
DeveloperiWallet, IncCar IQ Inc.

Customer experience

iWallet

All ratings897 ratings
Positive96.1%
Neutral1.3%
Negative2.6%
Written reviews11 reviews
Positive72.7%
Neutral0.0%
Negative27.3%

Element Pay

All ratings21 ratings
Positive95.2%
Neutral0.0%
Negative4.8%
Written reviews4 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

In-app purchases

None

iWallet

No in-app purchases

None

Element Pay

No in-app purchases

Questions

Is iWallet free?
iWallet is free to download, with no in-app purchases.
Is Element Pay free?
Element Pay is free to download, with no in-app purchases.
Which has better reviews, iWallet or Element Pay?
iWallet and Element Pay are both rated 4.8 out of 5 on the App Store, from 897 and 21 ratings respectively.
Do iWallet or Element Pay have ads?
Neither iWallet nor Element Pay shows ads.
Which is updated more often, iWallet or Element Pay?
iWallet ships an update weekly, and Element Pay every 3 weeks. Most recently, iWallet was updated on September 29, 2026 and Element Pay on September 12, 2026.

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