Bank Zero vs Telkom Pay
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Bank Zero
A modern, app-driven bank offering robust financial services for individuals and businesses at no cost. Features include secure transactions, account management, and dedicated support. Explore unique banking functionalities and manage your finances seamlessly.
- App-driven banking
- Zero cost services
- Individual and business accounts
- Secure patented card
- Dedicated banking specialists
- Account opening and management
- Payment and transfer services
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Powerful and robust banking... at Zero cost! Bank Zero is a modern App-driven bank for individuals AND businesses. Customers also get a secure patented card and can chat via email with a dedicated team of banking specialists. Visit www.BankZero.co.za for 16 powerful unique features and more... You can do these banking activities: • Register • Open accounts including investments • Businesses banking and related functionality • Relationship Banking and Auth Chain • Opening of new business types - Pty, Solo, CC, NPO's, NPI's and Partnerships • Pay • Apple Pay • SARS/Public Recipient Pay • Transfer • Buy prepaid • Send Money • Pay via QR code • Pay many for multiple payments • Import recipient list for Pay Many using CSV upload • Pay Immediately • Stopping of Debit Orders • Update business FICA at any time • Download your statements and letters • Ability to switch daily emails on/off • Add your children (so they get full access) • Link people to your account, like friends and family • Setup owners/officials and the authorisation chain for your businesses
Telkom Pay
Manage your money, make payments, and get paid without needing a bank account. This app allows you to send money, buy prepaid services, and store vouchers securely. It's accessible to all network providers and simplifies transactions with easy verification.
- Make and receive payments
- Send and request money
- Buy airtime, data, and vouchers
- Create virtual prepaid cards
- Top up wallet via EFT or cash
- Withdraw cash or via EFT
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With Telkom Pay, you can make payments, get paid, send money, buy prepaid, store vouchers, and more. Manage your money in your Telkom Pay wallet; you don't need a bank account. You also don't need to be a Telkom customer to use the app; it works on all network providers. Sign up is easy. Verify your identity through a KYC (Know Your Customer) process for your safety. This process is done on your phone with no paperwork or branch visits. All you need to do is upload your South African identity document, valid passport or driver's license. If you are not a South African citizen, you can upload your valid foreign passport or asylum document. You will also take a 'selfie' for your security to ensure you are who you say you are. Verification is instant, and if successful, you will be able to start transacting immediately. Telkom Pay Features Receive money and make payments from your wallet; Top up your wallet by making an EFT bank transfer, a linked bank card, cash at a Pick a Pay, or a Nedbank ATM; Make a withdrawal by EFT, immediate EFT, cash at a Pick a Pay, or Cash Express ATM; Get paid by showing your QR code; Send or request money from friends and family; Pay any Scan to Pay or Snapscan QR codes; Easily create a virtual prepaid card for secure online purchases; Make EFT bank transfers to your own or someone else's bank account; Buy airtime, data, electricity or store and entertainment vouchers; View all payments made or received in your transaction history; Earn money to buy airtime by referring a friend.
Screenshots
Verdict
The clearest difference is rating: Bank Zero at 3.5 against Telkom Pay's 1.0. Bank Zero also leads on ratings volume (12 vs 2). On price, update cadence, 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.
Bank Zero holds the better App Store score, 3.5 against 1.0. That said, the two scores are not equally well evidenced: Bank Zero has 12 ratings behind it against 2, so its average is the more settled of the two.
Bank Zero ships an update every 5 weeks, Telkom Pay monthly. The most recent releases landed on September 17, 2026 and June 5, 2026 respectively.
| Parameter | Bank Zero | Telkom Pay |
|---|---|---|
| Price | Free | Free |
| Rating | 3.5 (12 ratings) — better | 1.0 (2 ratings) |
| Positive reviews | 66.7% of reviews | — |
| Number of ratings | 12 — better | 2 |
| Update frequency | Every 5 weeks | Monthly — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone, iPod | iPhone, iPod |
| Requires iOS | 12.0 — better | 13.4 |
| Further details — not scored | ||
| Size | 148 MB | 37 MB |
| Age rating | 9+ | 4+ |
| Developer | Bank Zero | Telkom SA SOC Ltd |
Customer experience
Bank Zero
Telkom Pay
In-app purchases
Bank Zero
No in-app purchases
Telkom Pay
No in-app purchases









