Comparison

Magenta Pay vs Piraeus app

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

Head to head
About

Magenta Pay

This finance app offers a free virtual Visa debit card with 1% cashback on all transactions. It allows users to send and receive money via chat, automatically save with digital piggy banks, and easily split expenses with others.

Highlights
  • Free virtual Visa debit card
  • 1% cashback on all payments
  • Send and receive money via chat
  • Automatic savings with Piggies
  • Split expenses with Split It
  • Contactless payments with Apple Pay
Features
Read full description

Just pay with your iPhone and always get 1% cashback. Get the app today with smart features for your finances – including your free Magenta Pay Card. HIGHLIGHTS: – Free virtual Visa debit card – 1% cashback on every payment – Send and receive money directly via chat – Save automatically with Piggies – Split expenses with Split It HOW IT WORKS 1) Download the app and sign up 2) Verify your identity immediately 3) Get your Magenta Pay Card 4) Add the card to your wallet 5) Top up your balance, make a payment, and get 1% cashback! PAY AND TRANSFER Set up your IBAN account, get the Magenta Pay Card, and add it to your mobile wallet. Make contactless payments anywhere with your iPhone and Apple Watch – both online and in person. LINK PAYMENT METHODS Use your Magenta Pay Card with Apple Pay. GET CASHBACK Get 1% of the purchase amount back with every payment – whether you're shopping online, in stores, or at cafés. For every euro you spend, you'll receive a coin in your Magenta Pay wallet. SEND MONEY VIA CHAT You can send and receive money directly with Chat & Pay. SPLIT EXPENSES WITH OTHERS Don't feel like doing the math yourself? Split It automatically calculates the cost per person. Divide the total amount equally or flexibly – depending on who paid what. SAVE MONEY AUTOMATICALLY Achieve your savings goals – big and small – with Piggies, your digital piggy banks. To do this, collect spare change that is automatically rounded up from your transactions. Or you can set a fixed regular amount. ADD MORE CARDS Get more cards! Add the cards to your wallet and set a daily transaction limit for each card. SECURE PAYMENTS Your safety is important to us. From sign-up to your daily transactions, Magenta Pay follows all European security standards in the financial sector. REQUIREMENTS To register for Magenta Pay, you will need: - A smartphone (Android 8+ or iOS 15+) - A mobile phone number - An email address - A valid identification document Depending on your country of residence and citizenship, you may also need additional identification documents to complete your registration. YOUR FEEDBACK We look forward to hearing what you think in the App Store or via email to support@magenta.pay. We appreciate your feedback − it helps us make the app better. We hope you enjoy the app! Your Magenta Pay team

About

Piraeus app

Manage your banking needs with an intuitive and modern interface. View account balances, initiate transactions, and manage your cards, loans, insurance, and investments. Enhance security with quick login and automatic extraPIN submission.

Highlights
  • Account overview and transaction history
  • Card management (block, issue, limits, controls)
  • Loan, insurance, and investment information
  • Quick login (PIN/biometric)
  • Automatic extraPIN for transactions
  • Initiate new transactions and open accounts
Features
Read full description

Piraeus app offers a modern everyday banking experience, with simplified navigation and quick access to the features you use most. Designed to help you manage your finances easily and securely, it allows you to initiate and complete your daily transactions in fewer steps. For users with devices running iOS 26 or later versions, the app supports the new liquid glass design, delivering an even more modern and engaging user experience. From the home screen, you can access key banking features through smart shortcuts (Quick Actions), while the new central Hub enables easy navigation across all sections of the app. In addition, the new “+” button provides fast access to frequently used actions, such as transfers, payments and bill settlements, directly from the home screen. Your transaction history is now consolidated and available through “Recent activity – View All”, “See all Activities”, or “Transactions” under the “More” shortcut on the home screen. Scheduled transactions are also available within the Transfers and Payments sections. The “Piraeus in the spotlight” section presents personalized suggestions designed to enhance your banking experience, while “Our stories” features short articles on topics of general interest. Accounts & Time Deposits Through the Menu and the “Accounts & Time Deposits” section, you can view your account balances and detailed transaction activity for each account. You can also open a new account or create a new time deposit directly through the app or add a beneficiary. Cards Through the Menu and the “Cards” section, you can manage your debit, credit and prepaid cards. You can view balances and transactions, make card payments, temporarily block cards, issue new cards, manage spending limits and access additional card management features. Loans Through the Menu and the "Loans" section, you can view information about your loan products and apply for an e-loan. Insurance Through the Menu and the “Insurance” section you can view information about your insurance products and purchase new ones. Investments Through the Menu and the “Investments” section, you can view information about your investment products and purchase new ones. Security Management -Set up security features for Quick login (4-digit PIN or biometric authentication for compatible devices). -By activating the app’s notifications, the extraPIN code is automatically received and submitted by your device when authentication is required for your mobile app transactions. You simply confirm the transaction using your quick login, saving time with increased security. For any further information, or assistance in your banking experience, you can contact us through: supportebanking@piraeusbank.gr. Alternatively, you can use the contact form available in your Profile. The service is provided under the current restrictions on capital transfers.

Screenshots

Magenta Pay4 screens
Piraeus app4 screens

Verdict

The call

The clearest difference is rating: Piraeus app at 4.8 against Magenta Pay's 3.5. Piraeus app also leads on ratings volume (3.7K vs 26) and update cadence (weekly vs every 3 weeks). On price, review sentiment, ads and in-app purchases 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.

ReceptionRating · Positive reviews · Number of ratings

Piraeus app holds the better App Store score, 4.8 against 3.5. That said, the two scores are not equally well evidenced: Piraeus app has 3.7K ratings behind it against 26, so its average is the more settled of the two. Written reviews point the same way: 49% of Magenta Pay's written reviews are positive against 53% of Piraeus app's.

UpkeepUpdate frequency

Magenta Pay ships an update every 3 weeks, Piraeus app weekly. Both last shipped on November 3, 2026.

Scorecard3 real differences · 7 level
Magenta Pay versus Piraeus app: the parameters behind the verdict, then further details
ParameterMagenta PayPiraeus app
PriceFreeFree
Rating3.5 (26 ratings)4.8 (3.7K ratings) — better
Positive reviews48.6% of reviews53.2% of reviews — better
Number of ratings263.7K — better
Update frequencyEvery 3 weeksWeekly — better
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPodiPhone, iPod, Apple Watch — better
Requires iOS15.015.0
Further details — not scored
Size300 MB423 MB
Age rating17+4+
DeveloperTELEKOM PAYMENTS - ELECTRONIC MONEY SERVICES SINGLE MEMBER S.A.Piraeus Bank S.A.

Customer experience

Magenta Pay

All ratings26 ratings
Positive57.7%
Neutral7.7%
Negative34.6%
Written reviews37 reviews
Positive48.6%
Neutral8.1%
Negative43.2%

Piraeus app

All ratings3,647 ratings
Positive94.3%
Neutral2.1%
Negative3.6%
Written reviews94 reviews
Positive53.2%
Neutral7.4%
Negative39.4%

Bugs and requests

Magenta Pay

Not enough reviews yet to summarise bugs or requests.

Piraeus app

Reported bugs

6 issues
  • Face ID not working
  • Unable to log in after phone change
  • Push notifications not working
  • SMS for extra PIN not received
  • Password reset issues
Show 1 more
  • Incompatibility with iOS 16

Requested features

6 requests
  • Ability to delete all notifications at once
  • Option to view accounts separately
  • Improved ATM location information
  • Simpler 'classic' app mode
  • Automatic dark/light mode switching
Show 1 more
  • Better portfolio performance analytics

In-app purchases

None

Magenta Pay

No in-app purchases

None

Piraeus app

No in-app purchases

Questions

Is Magenta Pay free?
Magenta Pay is free to download, with no in-app purchases.
Is Piraeus app free?
Piraeus app is free to download, with no in-app purchases.
Which has better reviews, Magenta Pay or Piraeus app?
Piraeus app is rated higher. Magenta Pay averages 3.5 out of 5 from 26 ratings, while Piraeus app averages 4.8 from 3.7K ratings.
Do Magenta Pay or Piraeus app have ads?
Neither Magenta Pay nor Piraeus app shows ads.
Which is updated more often, Magenta Pay or Piraeus app?
Magenta Pay ships an update every 3 weeks, and Piraeus app weekly. Most recently, Magenta Pay was updated on November 3, 2026 and Piraeus app on November 3, 2026.

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