Comparison

MyBanq vs Zap by Paystack

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

Head to head
About

MyBanq

Features
Read full description

MyBanq is a mobile banking application that provides you seamless access to all your bank accounts from one application.

About

Zap by Paystack

Send money to any bank account in Nigeria with ease. Enjoy a fast, secure, and reliable platform for all your transfer needs. The app offers a hassle-free onboarding process for a seamless start.

Highlights
  • Seamless onboarding
  • Fast bank transfers
  • Secure transactions
  • Reliable platform
  • Send money to any Nigerian bank
Features
Read full description

Zap is built by Paystack to do one thing well: make spending effortless, reliable and organized, every single time. Backed by the infrastructure powering thousands of Nigeria's most trusted businesses. Here's what that looks like in practice.
 NO BLOAT. JUST CLEAN, FAST PAYMENTS • Zap is designed to be clutter-free. No unnecessary screens, no confusing menus, just a clean, super-fast payment experience that gets out of your way.
 FINALLY KNOW WHERE YOUR MONEY GOES • Zap automatically categorises your spending and surfaces insights about your financial habits. See patterns, track what matters, and stop guessing at the end of the month.
 PAY LIKE A LOCAL WITH APPLE PAY • Visiting Nigeria? Use Apple Pay to send money to any Nigerian bank account. No local bank account needed, no currency conversion hassle. Pay like a local from the moment you land. PAY A WIDE RANGE OF BILLS • With Zap, you can buy data and airtime, pay for electricity, renew DSTV, get Apple and PlayStore gift cards, and top up your XBOX, PS5, and mobile games without leaving the Zap app. PAY THE SAME PEOPLE FASTER • Zap remembers everyone you pay. Repeat any transfer in two taps without re-entering account numbers. SCAN TO PAY • Point your camera at any account number, whether on a payment decal, receipt, invoice, or phone screen, and Zap reads the digits and finds the bank for you. No more typing long numbers or second-guessing. ALL YOUR BANKS, ONE APP • Connect whichever banks you use and move money from them without switching apps. 
 PAY AT ANY PAYSTACK CHECKOUT • Zap works natively at thousands of Paystack-powered businesses across Nigeria. Pay directly from Zap with just a few taps. It’s faster than any other payment method. FAST, RELIABLE AND SECURE EVERY TIME • Built on Paystack's infrastructure, every transfer is encrypted and protected. Your money moves securely, and when it lands, you'll know immediately. Zap is not a bank. Deposits are held with our licensed banking partner. Zap is a product of Paystack Payments Limited, licensed by the Central Bank of Nigeria.

Screenshots

MyBanq4 screens
Zap by Paystack4 screens

Verdict

The call

The clearest difference is ads: MyBanq at none against Zap by Paystack's shown. MyBanq also leads on device support (3 vs 1) and iOS requirement (13.4 vs 16.0). Zap by Paystack's advantage is update cadence (every 2 weeks vs every 3 months). On price 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.

UpkeepUpdate frequency

MyBanq ships an update every 3 months, Zap by Paystack every 2 weeks. The most recent releases landed on October 3, 2026 and October 10, 2026 respectively.

Scorecard4 real differences · 6 level
MyBanq versus Zap by Paystack: the parameters behind the verdict, then further details
ParameterMyBanqZap by Paystack
PriceFreeFree
Rating—4.3 (24 ratings) — better
Positive reviews—61.5% of reviews
Number of ratings—24 — better
Update frequencyEvery 3 monthsEvery 2 weeks — better
AdsNo — betterYes
In-app purchasesNoNo
Monetization—Ad-supported
DevicesiPhone, iPad, iPod — betteriPhone
Requires iOS13.4 — better16.0
Further details — not scored
Size32 MB59 MB
Age rating4+17+
DeveloperInterswitch LimitedPaystack Payments Limited

In-app purchases

None

MyBanq

No in-app purchases

None

Zap by Paystack

No in-app purchases

Questions

Is MyBanq free?
MyBanq is free to download, with no in-app purchases.
Is Zap by Paystack free?
Zap by Paystack is free to download, with no in-app purchases.
Do MyBanq or Zap by Paystack have ads?
Zap by Paystack shows ads; MyBanq does not.
Which is updated more often, MyBanq or Zap by Paystack?
MyBanq ships an update every 3 months, and Zap by Paystack every 2 weeks. Most recently, MyBanq was updated on October 3, 2026 and Zap by Paystack on October 10, 2026.

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