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 payment app allows you to process credit card payments and deposit checks directly from your smartphone or tablet. It eliminates banking fees and paper check handling costs, offering secure contactless payment options and built-in reputation management. Funds are transferred to your bank account within two to three 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. It authenticates the vehicle to connect to fuel pumps, eliminating the need for driver prompts or physical cards. Fleet managers receive invites to access and utilize the service.

Highlights
  • Cardless fuel payments
  • Contactless vehicle authentication
  • Direct vehicle-to-pump connection
  • Fleet fuel spend management
  • Invite-based access for fleets
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: 2.36.0]

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 69% of iWallet's. iWallet's advantage is ratings volume (932 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 932 ratings behind it against 21, so its average is the more settled of the two. Written reviews are what separate them: 69% 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 November 7, 2026 and November 3, 2026 respectively.

Scorecard4 real differences · 6 level
iWallet versus Element Pay: the parameters behind the verdict, then further details
ParameteriWalletElement Pay
PriceFreeFree
Rating4.8 (932 ratings) — better4.8 (21 ratings)
Positive reviews69.2% of reviews100.0% of reviews — better
Number of ratings932 — better21
Update frequencyWeekly — betterEvery 3 weeks
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPad, iPod — betteriPhone
Requires iOS15.6 — better16.2
Further details — not scored
Size157 MB151 MB
Age rating17+4+
DeveloperiWallet, IncCar IQ Inc.

Customer experience

iWallet

All ratings925 ratings
Positive96.0%
Neutral1.3%
Negative2.7%
Written reviews13 reviews
Positive69.2%
Neutral0.0%
Negative30.8%

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 is rated higher. iWallet averages 4.8 out of 5 from 932 ratings, while Element Pay averages 4.8 from 21 ratings.
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 November 7, 2026 and Element Pay on November 3, 2026.

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