Transakt vs Black Banx
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Transakt
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.
- Two-factor authentication
- Phishing and fraud protection
- Account linking
- Encrypted communication
- QR code scanning for activation
- Multiple account support
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Transakt provides two-factor authentication on your mobile phone, protecting you from phishing attacks and other online fraud by uniquely linking your mobile phone to your account (at a bank, for example). The app encrypts all communication between your device and your account provider (e.g. the bank). Multiple accounts from different providers may be added. On installation, the app will request permission to use your mobile’s camera for scanning QR codes. To activate an account in Transakt, you will need to scan a QR code (or enter a sign-up code) given to you by the account provider. Each account provider has their own activation policy, over which Transakt has no control. Please contact the account provider directly should you experience any issues activating an account. Whenever you wish to log in to an account, the app will provide a secure authentication channel between your mobile phone and your account provider using a unique digital certificate placed on your device by Transakt. With a simple tap, you verify your identity and log in securely.
Black Banx
Open a global bank account in real-time for private or business use, supporting 28 fiat and 2 crypto currencies. Manage international payments, send, spend, and save money with a fully licensed digital banking solution.
- Real-time bank account opening
- Support for 28 fiat currencies
- Support for 2 crypto currencies
- Global payments
- Remote account opening
- 24/7 real-time verification
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Black Banx is offering real time bank account opening for Private and Business clients in 180 countries. We provide global payments and account opening in 28 FIAT and 2 Crypto currencies. Join our 100m+ customers from 180 countries, to send, spend and save money through your Black Banx account. You can open your account remotely on our website or using our mobile app. Your account is set up in minutes, with our 24/7 real time verification service. Black Banx Bank S.A. is a fully licensed bank, with offices on four continents, serving over 100 million customers. We provide digital banking solutions to private individuals, institutional and corporate clients worldwide. We protect customer funds with industry-leading security and our global diversification concept. Leading companies and institutions in more than 180 countries rely on our financial resources, expertise, and infrastructure to help them grow their businesses, manage their payments, and invest for the future.
Screenshots
Verdict
The clearest difference is review sentiment: Black Banx at 99% against Transakt's 21%. Black Banx also leads on rating (5.0 vs 1.4) and ratings volume (100 vs 11). Transakt's advantage is device support (3 vs 1) and iOS requirement (12.0 vs 18.6). 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
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
Black Banx holds the better App Store score, 5.0 against 1.4. That said, the two scores are not equally well evidenced: Black Banx has 100 ratings behind it against 11, so its average is the more settled of the two. Written reviews point the same way: 21% of Transakt's written reviews are positive against 99% of Black Banx's.
Transakt ships an update every 3 months, Black Banx every 6 weeks. The most recent releases landed on November 1, 2026 and November 3, 2026 respectively.
| Parameter | Transakt | Black Banx |
|---|---|---|
| Price | Free | Free |
| Rating | 1.4 (11 ratings) | 5.0 (100 ratings) — better |
| Positive reviews | 20.8% of reviews | 98.6% of reviews — better |
| Number of ratings | 11 | 100 — better |
| Update frequency | Every 3 months | Every 6 weeks — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone, iPad, iPod — better | iPhone |
| Requires iOS | 12.0 — better | 18.6 |
| Further details — not scored | ||
| Size | 15 MB | 100 MB |
| Age rating | 4+ | 17+ |
| Developer | Entersekt | Black Banx |
Customer experience
Transakt
Black Banx
Bugs and requests
Transakt
Not enough reviews yet to summarise bugs or requests.
Black Banx
Reported bugs
2 issues- Money never arrived at destination
- Bank does not answer contacts
Requested features
4 requests- Add more options for agent bank account holders
- New features and services
- More development for agent banking apps
- New features
In-app purchases
Transakt
No in-app purchases
Black Banx
No in-app purchases
