Instantpay vs ClearPay
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Instantpay
A comprehensive business banking solution designed to streamline financial operations. Manage accounts, process payments, track expenses, and access loans all in one digital platform. Ideal for businesses of all sizes seeking efficient money management.
- Smart current account for simplified banking
- Connect and manage existing bank accounts
- Send and receive payments via all methods
- Bulk payouts and one-click payments
- Payment links and QR code collections
- Contactless cards for expense management
- Collateral-free business loans
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Millions of businesses trust Instantpay — one place for all your business banking needs. Providing a superior digital experience, we offer a full-featured current account and debit card that simplify and automate payouts, collections, expense management, and more, making it easier for your business to run. With a quick and easy KYC process, you can begin accepting payments within minutes. With our assistance, startups, small and medium businesses, large companies, and others can manage all of their money movements seamlessly. Designed for modern businesses, our tech-led solutions enable them to spend, save, and manage their money online. Managing your bank account isn't the only thing you can do with Instantpay. You can manage employee expenses, make business decisions, and take advantage of new market opportunities with its help. Reasons to Choose Instantpay: • Open a smart current account for your business that simplifies banking and payments. • Connect and manage existing bank accounts via a single interface. • Send and receive payments via all payment methods. • Make one-click payments and send payouts in bulk. • Simply add the recipient's details to the Contact Book to enjoy seamless fund transfers. • Create payment links and share them via SMS, WhatsApp, or email to make collecting payments as easy as possible. • Enable digital payment collections through QR codes. • With Instantpay Contactless Cards, you can spend, track, and manage business expenses. • Create unique corporate gifting programs with Gift Cards and Brand Vouchers. • Scale your business with collateral-free business loans that meet your working capital needs. • 100,000+ physical touchpoints. • With our 24x7 support, we are always available to assist you.
ClearPay
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Take full control of your money with ClearPay MFB Mobile App – the simple, secure, and convenient way to manage your everyday banking. Whether you need to send money or pay bills, everything you need is just a tap away. Key Features: Money Transfers: Instantly send money to ClearPay MFB accounts, other banks in Nigeria, and your saved beneficiaries. Airtime & Data: Top up airtime and buy data bundles for MTN, GLO, Airtel, and 9mobile anytime, anywhere. Bill Payments: Pay electricity bills, cable TV subscriptions, internet services, state and ministry payments, all in one place. International Payments: Stay connected with UK, USA, and South Africa top-ups plus support for international services and online shopping. Specialised Services: Pay for school fees (EDUPAY, SchoolBoard), embassy and airline fees, insurance, religious contributions, event tickets, and much more. Beneficiaries Management: Save frequent contacts for faster, stress-free transactions. Secure Banking: Your account is protected with the latest security features, giving you peace of mind every time you transact. Why Choose ClearPay MFB App? * Fast and reliable transfers * Wide range of billers and payment options * Easy airtime/data recharge for all major networks * Local and international payment support * Simple, intuitive, and secure mobile banking
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Verdict
The clearest difference is update cadence: ClearPay at every 5 days against Instantpay's monthly. ClearPay also leads on iOS requirement (12.4 vs 14.0). On price, ads, in-app purchases and device support 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.
Instantpay ships an update monthly, ClearPay every 5 days. Both last shipped on October 3, 2026.
| Parameter | Instantpay | ClearPay |
|---|---|---|
| Price | Free | Free |
| Rating | 1.1 (19 ratings) — better | — |
| Positive reviews | 0.0% of reviews | — |
| Number of ratings | 19 — better | — |
| Update frequency | Monthly | Every 5 days — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | — |
| Devices | iPhone, iPod | iPhone, iPod |
| Requires iOS | 14.0 | 12.4 — better |
| Further details — not scored | ||
| Size | 94 MB | 21 MB |
| Age rating | 17+ | 4+ |
| Developer | Instantpay India Limited | Fedeth Microfinance Bank Limited |
In-app purchases
Instantpay
No in-app purchases
ClearPay
No in-app purchases








