Comparison

Payfazt vs Element by Vesti

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

Head to head
About

Payfazt

Features
Read full description

Payfazt — money between people, made simple. Send and request money in seconds, without ever swapping account numbers or sort codes. Just link your bank, pick a person, and you're done. Splitting dinner, paying a mate back, or settling up after a trip has never been this easy. Link multiple banks Connect more than one account and choose which to pay from. Powered by secure open banking — your money moves straight from your bank, never through a middleman. Build your friends list Add your friends once, then send or request in a single tap — no details to look up, ever. Pay people nearby Discover people around you and send money on the spot — perfect for splitting a bill or paying someone in person. Find your contacts See who's already on Payfazt and start sending right away. No account numbers. No sort codes. Forget copying long strings of digits. Payfazt handles the details so you never have to share them. Built to be secure Your login is protected with a PIN and Face ID. Payments run on bank-grade open banking, so your details stay private. Download Payfazt and make paying people the easiest part of your day.

About

Element by Vesti

Open a US bank account, get a credit card, and start transacting immediately using your native KYC. This digital banking solution simplifies the process for non-residents, offering features like international money transfers and credit score building.

Highlights
  • Open US bank account with native KYC
  • Get credit card
  • International money transfers
  • Build US credit score
  • Generate payment invoices
  • Physical and virtual cards
Features
Read full description

Element by Vesti - Banking for everyone. A digital banking solution that enables you to open a US bank account with your native KYC, get a credit card, and start transacting from Day 1. Opening a US personal bank account, checking account, or savings account can be challenging for non-residents because of the requirements and the lengthy bureaucratic procedures. Element by Vesti eliminates all the difficulties. Start Banking without the Hassle • Open a free account Use your personal details and native KYC to open an account within a minute, even if you’re just at the airport • Add money Fund your wallet with your debit card from home, existing US card or account, or Vesti USD wallet • Send money Send money to users of the Element by Vesti app or other financial institutions in 49 countries of the world, and more to come • Transfer, establish, build credit score Transfer your credit score from your home country to the US, establish, and build it to access credit products, lower interest rates on credit products, employment opportunities, insurance premiums, etc. • Generate payment invoice Generate payment invoice to demand payment and get paid faster, track payments and outstanding balances, ensure compliance with tax regulations, get legal protection in case of disputes, amongst other benefits • Physical and virtual cards Request physical and virtual cards for convenient, safe, and secure transactions, anywhere For more information about Element by Vesti, please contact help@wevesti.com

Screenshots

Payfazt4 screens
Element by Vesti4 screens

Verdict

The call

The clearest difference is update cadence: Payfazt at every 4 days against Element by Vesti's every 3 weeks. Element by Vesti's advantage is iOS requirement (12.0 vs 15.1). On price, ads, in-app purchases and device support 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.

UpkeepUpdate frequency

Payfazt ships an update every 4 days, Element by Vesti every 3 weeks. The most recent releases landed on October 30, 2026 and October 2, 2026 respectively.

Scorecard2 real differences · 8 level
Payfazt versus Element by Vesti: the parameters behind the verdict, then further details
ParameterPayfaztElement by Vesti
PriceFreeFree
Rating—5.0 (1 ratings) — better
Positive reviews—100.0% of reviews
Number of ratings—1 — better
Update frequencyEvery 4 days — betterEvery 3 weeks
AdsNoNo
In-app purchasesNoNo
Monetization—Free
DevicesiPhone, iPodiPhone, iPad, iPod — better
Requires iOS15.112.0 — better
Further details — not scored
Size28 MB74 MB
Age rating17+17+
Developer231 Business SolutionsVesti Technologies Inc

In-app purchases

None

Payfazt

No in-app purchases

None

Element by Vesti

No in-app purchases

Questions

Is Payfazt free?
Payfazt is free to download, with no in-app purchases.
Is Element by Vesti free?
Element by Vesti is free to download, with no in-app purchases.
Do Payfazt or Element by Vesti have ads?
Neither Payfazt nor Element by Vesti shows ads.
Which is updated more often, Payfazt or Element by Vesti?
Payfazt ships an update every 4 days, and Element by Vesti every 3 weeks. Most recently, Payfazt was updated on October 30, 2026 and Element by Vesti on October 2, 2026.

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