# Magenta Pay vs Piraeus app

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.

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

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.

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

## The numbers

| Metric | Magenta Pay | Piraeus app |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [3.5 (26 ratings)](https://appshunter.io/ios/app/magenta-pay/id1615592620/reviews) | **[4.8 (3.7K ratings)](https://appshunter.io/ios/app/piraeus-app/id6443620733/reviews)** |
| Number of ratings | 26 | **3.7K** |
| Positive reviews | 48.6% of reviews | **53.2% of reviews** |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Every 3 weeks | **Weekly** |
| Monetization | Free | Free |
| Size | 300 MB | 423 MB |
| Requires iOS | 15.0 | 15.0 |
| Devices | iPhone, iPod | **iPhone, iPod, Apple Watch** |
| Age rating | 17+ | 4+ |
| Developer | [TELEKOM PAYMENTS - ELECTRONIC MONEY SERVICES SINGLE MEMBER S.A.](https://appshunter.io/developer/1615592622) | [Piraeus Bank S.A.](https://appshunter.io/developer/436776671) |

## What reviewers say

### Magenta Pay

[App page](https://appshunter.io/ios/app/magenta-pay/id1615592620)

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:** Apple Wallet

**In-app purchases:** none


### Piraeus app

[App page](https://appshunter.io/ios/app/piraeus-app/id6443620733)

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:** Siri integration, Apple Wallet, Apple Watch app, Vision Pro support

**In-app purchases:** none

**What reviewers like**

- 👍 Excellent online transfer experience
- 👍 Great customer service
- 👍 Logical and intuitive app
- 👍 Comprehensive banking services
- 👍 Reliable and efficient banking experience

**What reviewers complain about**

- 🐛 Frequent Face ID/PIN issues
- 🐛 Slow app performance
- 🐛 Buggy and unreliable app
- 🔒 Overly complex security measures
- 🔒 Frequent password/PIN changes required

**Reported bugs**

- Face ID not working
- Unable to log in after phone change
- Push notifications not working
- SMS for extra PIN not received
- Password reset issues

**Requested features**

- 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


## Frequently asked 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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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*