# Transakt vs Neelmeyer Banking

The clearest difference is review sentiment: Transakt at 21% against Neelmeyer Banking's 0%. Transakt also leads on iOS requirement (12.0 vs 16.4). On price, update cadence, 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.

Transakt ships an update every 3 months, Neelmeyer Banking every 2 months. The most recent releases landed on October 20, 2026 and October 29, 2026 respectively.

## The numbers

| Metric | Transakt | Neelmeyer Banking |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[1.4 (11 ratings)](https://appshunter.io/ios/app/transakt/id579228231/reviews)** | — |
| Number of ratings | **11** | — |
| Positive reviews | **20.8% of reviews** | 0.0% of reviews |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Every 3 months | **Every 2 months** |
| Monetization | Free | Free |
| Size | 15 MB | 99 MB |
| Requires iOS | **12.0** | 16.4 |
| Devices | **iPhone, iPad, iPod** | iPhone, iPad |
| Age rating | 4+ | 4+ |
| Developer | [Entersekt](https://appshunter.io/developer/391756079) | [Oldenburgische Landesbank AG](https://appshunter.io/developer/511948613) |

## What reviewers say

### Transakt

[App page](https://appshunter.io/ios/app/transakt/id579228231)

This app offers two-factor authentication for enhanced online security. It uniquely links your mobile phone to your accounts, protecting against fraud by encrypting all communication. Securely verify your identity with a simple tap.

**Highlights:** Two-factor authentication, Phishing and fraud protection, Account linking, Encrypted communication, QR code scanning for activation, Multiple account support

**In-app purchases:** none


### Neelmeyer Banking

[App page](https://appshunter.io/ios/app/neelmeyer-banking/id1440485150)

Manage your finances on the go with this banking app. Access accounts 24/7, track spending, and authorize transactions securely. Features include Apple Pay setup, ID Check for online payments, and easy access to account statements.

**Highlights:** 24/7 account access, Transaction authorization via Touch ID/Face ID, Apple Pay setup and usage, Secure online payments with ID Check, Access and create account statements, Card services: limit changes, PIN reset, replacement, Real-time transfers and photo transfers

**Features:** Apple Wallet, Vision Pro support

**In-app purchases:** none


## Frequently asked questions

### Is Transakt free?

Transakt is free to download, with no in-app purchases.

### Is Neelmeyer Banking free?

Neelmeyer Banking is free to download, with no in-app purchases.

### Do Transakt or Neelmeyer Banking have ads?

Neither Transakt nor Neelmeyer Banking shows ads.

### Which is updated more often, Transakt or Neelmeyer Banking?

Transakt ships an update every 3 months, and Neelmeyer Banking every 2 months. Most recently, Transakt was updated on October 20, 2026 and Neelmeyer Banking on October 29, 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.*