Payfazt vs Element by Vesti
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Payfazt
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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.
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.
- Open US bank account with native KYC
- Get credit card
- International money transfers
- Build US credit score
- Generate payment invoices
- Physical and virtual cards
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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
Verdict
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
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
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.
| Parameter | Payfazt | Element by Vesti |
|---|---|---|
| Price | Free | Free |
| Rating | — | 5.0 (1 ratings) — better |
| Positive reviews | — | 100.0% of reviews |
| Number of ratings | — | 1 — better |
| Update frequency | Every 4 days — better | Every 3 weeks |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | — | Free |
| Devices | iPhone, iPod | iPhone, iPad, iPod — better |
| Requires iOS | 15.1 | 12.0 — better |
| Further details — not scored | ||
| Size | 28 MB | 74 MB |
| Age rating | 17+ | 17+ |
| Developer | 231 Business Solutions | Vesti Technologies Inc |
In-app purchases
Payfazt
No in-app purchases
Element by Vesti
No in-app purchases









