Comparison

Paymode vs iWallet

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

Head to head
About

Paymode

Manage payments and invoices on the go with two distinct experiences for payers and vendors. Approve, reject, and track transactions, upload invoices, and gain insights into your financial activity. Securely receive payments and monitor their status.

Highlights
  • Approve/reject payments and invoices
  • Track payment history and trends
  • Upload invoices via email, files, or camera
  • Code invoices and allocate costs
  • Gain personalized financial insights
  • Search for payments and invoices
  • Secure vendor payment reception
Read full description

This app offers two experiences for our users—a payer experience and a vendor experience. The payer experience features ways to: Take action on your payments: • Approve / reject payments and payments within a payment file on the go • Filter payments by status, date, account, payment method, and more Track your payments: • View your payment history and trends at a glance • Get personalized insights based on your payments • Save money by keeping track of expiring card payments • View payments awaiting your approval, in process, and in exceptions Upload invoices on the go: • Effortlessly upload invoices from your email, files, or capture with your mobile device’s built-in camera Take action on your invoices: • Approve / reject invoices – both individually and in bulk – on the go • Filter invoices by invoice status, vendor name, invoice number, payer company, and more • Code invoices – quickly and accurately allocate costs directly within the system Track your invoices: • Get personalized insights based on your invoices • Save money by keeping track of available early-pay discounts • View invoices for approval and in final review states • Access a PDF preview of any invoice to ensure your information is legitimate and accurate • View your invoice history and trends at a glance • View invoice workflow, access and upload associated documents, and add internal comments easily Search for payments and invoices: • Effortlessly search for payments and invoices directly from the homepage using global search functionality Manage your account: • Switch between multiple memberships The vendor experience features ways to: • Receive payments easily and securely • Log in securely with biometric capabilities • Monitor your payment tracker • Gain insights into payment statuses • Review historical payments and remittance

About

iWallet

This app allows users to process credit card payments and deposit checks directly from their smartphone or tablet. It eliminates banking fees and paper check handling costs, offering secure contactless payment options and built-in tipping features. Funds are transferred to your bank account within a few business days.

Highlights
  • Mobile check deposits
  • Contactless payments (Tap to Pay)
  • Reputation management
  • Tipping feature
  • Unlimited sub accounts
  • Fraud detection
Features
Read full description

iWallet, a BBB A+ rated payment app to process credit cards or deposit checks in the field anytime, anywhere with a smartphone or tablet. > Mobile checks deposits into your existing bank account > Banking fees and paper check handling costs are eliminated > Tap to Pay, the most secure way to accept contactless payments > Reputation management included for no additional charge > Tipping feature built in which helps with employee retention > Unlimited sub accounts supports multiple users > Process checks risk free with optional check guarantee protection > Funds are transferred to your bank account in two to three business days. > Fraud detection instantly verifies consumer checking accounts before completing the transaction > All payments are processed through Fifth Third Bank or Well Fargo > Must be 18 years or older to use the iWallet

Screenshots

Paymode4 screens
iWallet3 screens

Verdict

The call

The clearest difference is review sentiment: iWallet at 73% against Paymode's 29%. iWallet also leads on rating (4.8 vs 3.7) and update cadence (weekly vs every 3 months). On price, ads, in-app purchases and monetization model 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

iWallet holds the better App Store score, 4.8 against 3.7. That said, the two scores are not equally well evidenced: iWallet has 897 ratings behind it against 11, so its average is the more settled of the two. Written reviews point the same way: 29% of Paymode's written reviews are positive against 73% of iWallet's.

UpkeepUpdate frequency

Paymode ships an update every 3 months, iWallet weekly. The most recent releases landed on June 20, 2026 and September 23, 2026 respectively.

Scorecard4 real differences · 6 level
Paymode versus iWallet: the parameters behind the verdict, then further details
ParameterPaymodeiWallet
PriceFreeFree
Rating3.7 (11 ratings)4.8 (897 ratings) — better
Positive reviews28.6% of reviews72.7% of reviews — better
Number of ratings11897 — better
Update frequencyEvery 3 monthsWeekly — better
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPadiPhone, iPad, iPod — better
Requires iOS16.615.6 — better
Further details — not scored
Size55 MB158 MB
Age rating4+12+
DeveloperBottomline Technologies, InciWallet, Inc

Customer experience

Paymode

All ratings11 ratings
Positive63.6%
Neutral9.1%
Negative27.3%
Written reviews7 reviews
Positive28.6%
Neutral0.0%
Negative71.4%

iWallet

All ratings897 ratings
Positive96.1%
Neutral1.3%
Negative2.6%
Written reviews11 reviews
Positive72.7%
Neutral0.0%
Negative27.3%

In-app purchases

None

Paymode

No in-app purchases

None

iWallet

No in-app purchases

Questions

Is Paymode free?
Paymode is free to download, with no in-app purchases.
Is iWallet free?
iWallet is free to download, with no in-app purchases.
Which has better reviews, Paymode or iWallet?
iWallet is rated higher. Paymode averages 3.7 out of 5 from 11 ratings, while iWallet averages 4.8 from 897 ratings.
Do Paymode or iWallet have ads?
Neither Paymode nor iWallet shows ads.
Which is updated more often, Paymode or iWallet?
Paymode ships an update every 3 months, and iWallet weekly. Most recently, Paymode was updated on June 20, 2026 and iWallet on September 23, 2026.

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