VaultsPay vs Banky UAE
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
VaultsPay
This app provides a digital wallet for seamless, cashless transactions in the UAE. It allows for instant wallet opening, virtual or physical card issuance, local fund transfers, and easy bill payments for residents and businesses.
- Instant digital wallet opening
- Virtual and physical card issuance
- Instant local fund transfers
- Hassle-free bill payments
- Secure financial tool
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VaultsPay is a leading UAE-based fintech dedicated to delivering seamless, cashless transactions for residents and businesses. Transform your smartphone into a powerful financial tool with your own digital wallet. Key Features of your VaultsPay Wallet: - Instant Wallet Opening: Quickly open your secure personal or business digital wallet account. - Card Issuance: Issue virtual or physical cards instantly, linked directly to your VaultsPay account. - Local Transfers: Send and receive funds instantly for domestic payments across the UAE. - Hassle-Free Payments: Pay all your utilities, telecommunications, and other bill payments with a few taps. Our mission is to simplify your financial life. Built by fintech experts, VaultsPay provides a super customer experience, high security, and the convenience you deserve. We're regulated by the Central Bank of the UAE. Download VaultsPay today and join the future of finance in the UAE!
Banky UAE
This digital banking app allows users to manage their finances conveniently. Perform daily transactions like sending, receiving, and paying money securely. It offers features like IBAN generation, instant remittances, and digital voucher purchases.
- Receive IBAN Number
- Send & Receive Money
- Top-Up from Any Bank Account
- Scan to Pay (QR Code)
- Instant International Remittances
- Buy or Gift Digital Vouchers
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Banky is a digital banking solution issued by Al Maryah Community Bank LLC, a specialized Bank Licensed by the Central Bank of UAE. Available now at the comfort of your fingertips, Banky is transforming payments in a way never seen before! Powered by the most advanced technology, enjoy a seamless financial experience through the Banky mobile application. Perform all daily financial transactions such as sending, receiving, requesting, and paying money in the UAE – quickly, securely, and at your convenience. WHO SHOULD USE BANKY? Anyone who is above 18 years and has a valid Emirates ID can use Banky and enjoy a seamless financial experience whether it is to send, receive, request, or pay money! FEATURES & BENEFITS Receive an IBAN Number Open an account with your UAEPASS & issue transfers via IBAN only. Send & Receive Money With just a few taps, send and receive money from the comfort of your home. Top-Up from Any Bank Account Feed your account from any bank account or deposit cash via Mbank ATM or money exchange partner. Scan to Pay Simply scan the QR code to instantaneously pay at the store! Jaywan Debit Card The first domestic scheme card in the UAE. Send international Remittances instantly Send remittances to different countries instantly with competitive exchange rates. Buy or Gift Digital Vouchers Enjoy buying vouchers for different stores or purchasing products at your fingertips. HOW TO START USING BANKY: 1. Download the Banky App. 2. Sign up using your UAEPASS. 3. Enjoy a seamless payment experience.
Screenshots
Verdict
The clearest difference is review sentiment: VaultsPay at 100% against Banky UAE's 0%. VaultsPay also leads on update cadence (every 5 days vs monthly). On price, ads, in-app purchases and monetization model 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.
VaultsPay ships an update every 5 days, Banky UAE monthly. The most recent releases landed on October 27, 2026 and October 30, 2026 respectively.
| Parameter | VaultsPay | Banky UAE |
|---|---|---|
| Price | Free | Free |
| Rating | — | 3.9 (15 ratings) — better |
| Positive reviews | 100.0% of reviews — better | 0.0% of reviews |
| Number of ratings | — | 15 — better |
| Update frequency | Every 5 days — better | Monthly |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone, iPod | iPhone, iPod |
| Requires iOS | 16 | 15.0 — better |
| Further details — not scored | ||
| Size | 162 MB | 275 MB |
| Age rating | 4+ | 4+ |
| Developer | The vaults international payment llc | Al Maryah Community Bank LLC |
Customer experience
VaultsPay
Banky UAE
In-app purchases
VaultsPay
No in-app purchases
Banky UAE
No in-app purchases
