Comparison

Bank Zero vs Telkom Pay

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

Head to head
About

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.

Highlights
  • App-driven banking
  • Zero cost services
  • Individual and business accounts
  • Secure patented card
  • Dedicated banking specialists
  • Account opening and management
  • Payment and transfer services
Features
Read full description

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

About

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.

Highlights
  • 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
Features
Read full description

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

Bank Zero4 screens
Telkom Pay4 screens

Verdict

The call

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

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

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.

UpkeepUpdate frequency

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.

Scorecard2 real differences · 8 level
Bank Zero versus Telkom Pay: the parameters behind the verdict, then further details
ParameterBank ZeroTelkom Pay
PriceFreeFree
Rating3.5 (12 ratings) — better1.0 (2 ratings)
Positive reviews66.7% of reviews—
Number of ratings12 — better2
Update frequencyEvery 5 weeksMonthly — better
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPodiPhone, iPod
Requires iOS12.0 — better13.4
Further details — not scored
Size148 MB37 MB
Age rating9+4+
DeveloperBank ZeroTelkom SA SOC Ltd

Customer experience

Bank Zero

All ratings11 ratings
Positive63.6%
Neutral0.0%
Negative36.4%
Written reviews12 reviews
Positive66.7%
Neutral0.0%
Negative33.3%

Telkom Pay

All ratings2 ratings
Positive0.0%
Neutral0.0%
Negative100.0%

In-app purchases

None

Bank Zero

No in-app purchases

None

Telkom Pay

No in-app purchases

Questions

Is Bank Zero free?
Bank Zero is free to download, with no in-app purchases.
Is Telkom Pay free?
Telkom Pay is free to download, with no in-app purchases.
Which has better reviews, Bank Zero or Telkom Pay?
Bank Zero is rated higher. Bank Zero averages 3.5 out of 5 from 12 ratings, while Telkom Pay averages 1.0 from 2 ratings.
Do Bank Zero or Telkom Pay have ads?
Neither Bank Zero nor Telkom Pay shows ads.
Which is updated more often, Bank Zero or Telkom Pay?
Bank Zero ships an update every 5 weeks, and Telkom Pay monthly. Most recently, Bank Zero was updated on September 17, 2026 and Telkom Pay on June 5, 2026.

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