# Settlements vs Payback

The clearest difference is iOS requirement: Payback at 14.0 against Settlements's 26.0. On price, update cadence, ads and in-app purchases there is nothing between them.

Both are free to download. Settlements sells 2 one-off in-app purchases and Payback sells 3 in-app purchases, starting at $0.49 per month. Whichever you choose, the download price is not the number that matters.

Settlements ships an update every 3 weeks, Payback every 6 weeks. The most recent releases landed on September 29, 2026 and October 3, 2026 respectively.

## The numbers

| Metric | Settlements | Payback |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[1.0 (1 ratings)](https://appshunter.io/ios/app/settlements/id1493347231/reviews)** | — |
| Number of ratings | **1** | — |
| In-app purchases | Yes | Yes |
| Ads | No | No |
| Update frequency | **Every 3 weeks** | Every 6 weeks |
| Monetization | Freemium | — |
| Size | 14 MB | 50 MB |
| Requires iOS | 26.0 | **14.0** |
| Devices | iPhone | **iPhone, iPod** |
| Age rating | 4+ | 4+ |
| Developer | [Jay Patel](https://appshunter.io/developer/1493208243) | [Tilemork AS](https://appshunter.io/developer/1785176190) |

## What reviewers say

### Settlements

[App page](https://appshunter.io/ios/app/settlements/id1493347231)

Easily manage shared expenses and settle debts with friends and family. Track bills, add members, and set currencies for seamless financial coordination. Offers both free and premium features for enhanced expense management.

**Highlights:** Add settlements for groups, Track individual bills, Add members by phone number, Set custom currencies, Light and dark appearance modes, Access to charts and themes (Plus), One-tap settlement (Plus)

**In-app purchases (2)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Settlement Plus Monthly | $0.99 | one-time |
| Settlement Plus Yearly | $9.99 | one-time |


### Payback

[App page](https://appshunter.io/ios/app/payback-refunds-and-claims/id6739422585)

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases (3)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Payback Plus | $0.49 | per month |
| Payback-Insurance | $7.99 | per year |
| Payback Plus | $7.99 | per year |


## Frequently asked questions

### Is Settlements free?

Settlements is free to download, with in-app purchases available.

### Is Payback free?

Payback is free to download, with in-app purchases available.

### Do Settlements or Payback have ads?

Neither Settlements nor Payback shows ads.

### Which is updated more often, Settlements or Payback?

Settlements ships an update every 3 weeks, and Payback every 6 weeks. Most recently, Settlements was updated on September 29, 2026 and Payback on October 3, 2026.

---

*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*