Comparison

moolahPAY vs MTM Rewards

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

Head to head
About

moolahPAY

This payment super app allows users to exchange currencies, send money internationally at competitive rates, and make local payments. It offers rewards for transactions and secure top-up options.

Highlights
  • International money remittance
  • Multi-currency exchange
  • Local PayNow payments
  • Cashless QR code payments
  • Transaction rewards (mCoins)
  • Secure e-wallet top-ups
Features
Read full description

We've Re-branded to moolahPAY! • After 2.5 years of winning the hearts of Singapore consumers, we've decided to name your beloved payment app to "moolahPAY". Read more about our name change here: https://www.moolahgo.com/moolahgo-rebrands-its-popular-consumer-e-wallet-app-to-moolahpay/ Latest Promotion • All New to moolahPAY users will get a Special Privilege of much higher exchange rates and fee waiver for your 1st cross-border transfer transaction! moolahPAY e-Wallet • moolahPAY is a Singapore payment super app that gives you access to extremely attractive currency exchange rates, remit money to over 20 countries at good rates, purchase your multi-currencies for travel or investment needs, make PayNow SGQR payments and many more. • Best thing is, 1st Timer Users get to enjoy special privileges such as Fees Waiver and Exchange Rates even higher than market rate! What can you do with moolahPAY? Top-up • Conveniently top up your eWallet securely via multiple methods including international Credit/Debit cards, PayNow, QR-code scanning and Bank transfer • Top up for immediate use or auto-debited for future payments Send Money (Cross-border Remittances) • Send money at highly competitive exchange rates, seamlessly and on real-time • Send from Singapore to over 20+ countries • SG's 1st e-Wallet capable of sending money to Indonesia wallets at just 50 Cents per transaction Exchange Currencies • Exchange your currencies at the same competitive rates in your multi-currency eWallet Pay Now (Peer-to-Peer Payments) • Send money locally in SG to your friends free of charge • Pay your friends using Singapore's PayNow network • Handy and more rewarding alternative to your bank app Buy Now (Cashless Payments) • Pay for your purchases without using cash • Scan SGQR PayNow QR Codes Earn Rewards • Get rewarded for your transactions (including top-ups!) • Accumulate our reward points named mCoins® when you transact • Redeem for vouchers at popular retailers About Moolahgo We are an ambitious and rapidly growing digital multi-currency payments Fintech with the mission to challenge the status quo and make financial services fair and accessible to everyone (businesses and individuals). Why Moolahgo? • Licensed and regulated by The Monetary Authority of Singapore as a Major Payments Institution (License No.: PS20200262) • Your money is strictly separated from our own funds so they are secure • Well capitalized - multi-million dollars in paid-up capital. Plus, security deposit held with MAS • Secure – PCI DSS security standards for cards processing, Biometric sign-in, PIN enforcement before wallet deduction Ready to gain control of your finances and get rewarded for it? Download moolahPAY now, sign up for your free account, and start saving with us! --------- Send from: Singapore (SGD) To: Australia (AUD), Bangladesh (BDT), Canada (CAD), China (CNY, CNH), Europe (EUR), Great Britain (GBP), Hong Kong (HKD), Indonesia (IDR), India (INR), Japan (JPY), Kenya (KES), Malaysia (MYR), Nepal (NPR), New Zealand (NZD), Philippines (PHP), South Korea (KRW), Sri Lanka (LKR), Switzerland (CHF), Taiwan (TWD), Thailand (THB), United States (USD), Vietnam (VND), and more... --------- Term of use at https://www.moolahgo.com/index.php/view/tos Privacy policy at https://www.moolahgo.com/index.php/view/privacy Find out more about us at https://www.moolahgo.com/ Follow us on LinkedIn (https://sg.linkedin.com/company/moolahgo), Facebook (https://www.facebook.com/MoolahGoFintech/), and Instagram (https://www.instagram.com/moolahgo/)

About

MTM Rewards

Features
Read full description

Welcome to MTM Rewards, the one-stop solution for corporations seeking streamlined, secure, and efficient payment services. We specialize in offering acquiring and card issuing services, virtual accounts, and remittance services, enabling businesses to enhance their transactions with resellers and partners, leading to elevated business operations and enhanced partnerships.

Screenshots

moolahPAY4 screens
MTM Rewards4 screens

Verdict

The call

moolahPAY and MTM Rewards are too close to call on the numbers: across 6 compared parameters — price, update cadence, ads and in-app purchases among them — neither pulls far enough ahead to decide it. What separates them is feature set and interface, not measurable difference.

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.

UpkeepUpdate frequency

moolahPAY ships an update every 5 weeks, MTM Rewards every 3 weeks. The most recent releases landed on August 29, 2026 and September 11, 2026 respectively.

ScorecardNo meaningful differences
moolahPAY versus MTM Rewards: the parameters behind the verdict, then further details
ParametermoolahPAYMTM Rewards
PriceFreeFree
Rating4.0 (1 ratings) — better—
Positive reviews100.0% of reviews—
Number of ratings1 — better—
Update frequencyEvery 5 weeksEvery 3 weeks — better
AdsNoNo
In-app purchasesNoNo
MonetizationAd-supported—
DevicesiPhone, iPad, iPod — betteriPhone, iPod
Requires iOS15.615.1 — better
Further details — not scored
Size114 MB33 MB
Age rating4+17+
DeveloperMoolahGo Pte LtdMTM PAYMENTS PTE. LTD.

In-app purchases

None

moolahPAY

No in-app purchases

None

MTM Rewards

No in-app purchases

Questions

Is moolahPAY free?
moolahPAY is free to download, with no in-app purchases.
Is MTM Rewards free?
MTM Rewards is free to download, with no in-app purchases.
Do moolahPAY or MTM Rewards have ads?
Neither moolahPAY nor MTM Rewards shows ads.
Which is updated more often, moolahPAY or MTM Rewards?
moolahPAY ships an update every 5 weeks, and MTM Rewards every 3 weeks. Most recently, moolahPAY was updated on August 29, 2026 and MTM Rewards on September 11, 2026.

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