MOB Bank vs Wave Merchant
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
MOB Bank
Manage your bank accounts, wallet, and payments with a simple interface. Perform balance transfers, pay bills, top up mobile phones, and find branch locations. Access transaction details and contact support easily.
- Account and wallet management
- Balance transfers (including QR code)
- Bill payments
- Mobile top-up
- Branch and ATM locator
- Transaction history and receipts
- Live chat support
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Welcome to MOB Bank Mobile App which is designed with simplest UI, and you can easily manage your bank accounts, wallet and payments seamlessly by using it. Following are the key features included in this App. - Account, wallet and merchant enquiry - Account, wallet and merchant statement - Making balance transfer - Making balance transfer with QR code easily. - Wallet cash in from MPU - Making remittance with unique national id. - Mobile phone top-up for all local telecom operators - Making bill payments for utilities, digital codes and lifestyle services - Branch and ATM locations and address - Showing exchange rate information - Showing transaction limit and charges - Can save receipts photo and check mail for each transaction - Making calculation interest for deposits and loans - Live Chat and Contact us - Feedback - Card information About MOB Bank Myanmar Oriental Bank Limited was incorporated as a private limited bank under the Financial Institutions of Myanmar Law and started its operations on 18th November 1993. Over the past 24 years, the bank has played an important role in the stability and success of domestic banking in Myanmar by contributing its efficient and reliable banking services and promoting financial intermediation in the country. Upon approval from the Central Bank of Myanmar, the bank was among the first few selected financial institutions that were allowed to deal in foreign currencies and international banking. It was among the first batch of six private banks to be permitted to open currency exchange counters in the country. As a leading member of the Myanmar Payment Union, the bank has introduced ATM and POS debit card and credit card facilities for the promotion of electronic payment systems in the country.
Wave Merchant
This app provides merchants with a secure platform for managing online payments and tracking transactions. It offers features like dynamic QR code payments, real-time transaction history, and business analytics to help businesses streamline their financial operations.
- Dynamic QR code payments
- Real-time transaction history
- Business analytics
- Bank settlement
- Secure over-the-counter payments
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Fast, Easy, and Safe Online Payments - Myanmar's Leading Mobile Financial Service. Introduced by Wave Money, the Wave Merchant app brings fast, easy, and secure over-the-counter payment solutions not only for merchants and shops to track each transaction and analyze financial data but also for customers to make payments easier and more convenient. The app includes the following features: Dynamic QR: Customers can now enjoy the most convenient "Scan and Pay" functionality. The cashier keys in the specific payment amount, and customers can effortlessly and conveniently complete their payment by scanning the Dynamic QR code provided by the Wave Merchant app. Real-Time Transaction History Detail & Analytics: Merchants receive real-time transaction notifications and gain access to detailed transaction information. Additionally, the app provides a business analytics tool, allowing merchants to view their total transactions, sales, average daily transactions, average daily sales, etc. Bank Settlement: Merchants can seamlessly settle payments to their linked bank accounts. The app facilitates both cashing into the linked bank account and cashing out from it.
Screenshots
Verdict
The clearest difference is rating: MOB Bank at 4.6 against Wave Merchant's 4.2. On price, ratings volume, update cadence and ads 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.
MOB Bank holds the better App Store score, 4.6 against 4.2. Both are backed by a comparable volume of ratings — 9 and 10 respectively.
MOB Bank ships an update every 6 months, Wave Merchant every 4 months. Both last shipped on October 24, 2026.
| Parameter | MOB Bank | Wave Merchant |
|---|---|---|
| Price | Free | Free |
| Rating | 4.6 (9 ratings) — better | 4.2 (10 ratings) |
| Positive reviews | — | 100.0% of reviews |
| Number of ratings | 9 | 10 — better |
| Update frequency | Every 6 months | Every 4 months — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone, iPod | iPhone, iPad, iPod — better |
| Requires iOS | 12.1 — better | 13.0 |
| Further details — not scored | ||
| Size | 41 MB | 69 MB |
| Age rating | 4+ | 17+ |
| Developer | MYANMAR ORIENTAL BANK LIMITED | Wave Money |
Customer experience
MOB Bank
Wave Merchant
In-app purchases
MOB Bank
No in-app purchases
Wave Merchant
No in-app purchases









