Comparison

MyLoan vs AltPay App

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

Head to head
About

MyLoan

Easily calculate potential auto or home loan payments. This app offers a clear, visual way to explore loan scenarios, allowing you to adjust terms and interest rates to find the most favorable options and minimize overall interest paid.

Highlights
  • Loan calculation
  • Adjustable term lengths
  • Adjustable interest rates
  • Visual loan scenarios
  • Interest payment minimization
Features
Read full description

Ever needed help calculating an auto or home loan? Look no further than here. This app is a quick and visually easy way to see what a prospective loan might look like. You can also quickly change term lengths and interest rates to minimise interest payments.

About

AltPay App

Features
Read full description

AltPay is a secure digital payment and business management app built for individuals and merchants who need fast, dependable transactions. Designed with simplicity and flexibility, AltPay supports QR payments, wallet transfers, multi-location business operations, and streamlined onboarding. Whether you are managing personal finances or running a business, AltPay delivers a complete digital payment solution supported by The Alternative Bank. Features Optimized for Performance and Search Digital Payments and Transfers Send money instantly through wallet transfers or QR code payments. QR Payment Technology Use QR codes to receive payments quickly, allowing merchants to reduce checkout time and improve customer experience. User-Friendly Onboarding Create an account using BVN verification, OTP authentication, and a quick liveness check for secure identity confirmation. Savings account and Transaction History Monitor account balances, review transaction history, and receive updates on payments and account activity. Merchant and Business Tools Merchants can accept QR payments, review activity, manage business information, and oversee operations across multiple branches. Agent and Location Management Assign agents as staff members to handle payments and daily activities at different business locations, ensuring accuracy and operational efficiency. Modern Digital Dashboard Designed for clarity and navigation speed, making payments and management tasks easier for all users. Built-In Themes Light and dark mode options to match user preferences. Security and Data Protection Strong identity checks, account passwords, transaction PINs, and secure infrastructure support. Ideal For: • Individuals using digital payments and transfers • Merchants processing business transactions and managing operations • Agents staff of merchants responsible for location-based business tasks Download AltPay to experience a secure, flexible, and complete digital payment system.

Screenshots

MyLoan3 screens
AltPay App4 screens

Verdict

The call

The clearest difference is update cadence: MyLoan at every 3 weeks against AltPay App's every 2 months. AltPay App's advantage is device support (3 vs 1). On price, ads, in-app purchases and iOS requirement 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

MyLoan ships an update every 3 weeks, AltPay App every 2 months. The most recent releases landed on September 24, 2026 and October 4, 2026 respectively.

Scorecard2 real differences · 7 level
MyLoan versus AltPay App: the parameters behind the verdict, then further details
ParameterMyLoanAltPay App
PriceFreeFree
Rating5.0 (1 ratings) — better—
Number of ratings1 — better—
Update frequencyEvery 3 weeks — betterEvery 2 months
AdsNoNo
In-app purchasesNoNo
MonetizationFree—
DevicesiPhoneiPhone, iPad, iPod — better
Requires iOS16.015.5 — better
Further details — not scored
Size3 MB61 MB
Age rating4+17+
DeveloperReiley MeeksSterling Bank Plc

In-app purchases

None

MyLoan

No in-app purchases

None

AltPay App

No in-app purchases

Questions

Is MyLoan free?
MyLoan is free to download, with no in-app purchases.
Is AltPay App free?
AltPay App is free to download, with no in-app purchases.
Do MyLoan or AltPay App have ads?
Neither MyLoan nor AltPay App shows ads.
Which is updated more often, MyLoan or AltPay App?
MyLoan ships an update every 3 weeks, and AltPay App every 2 months. Most recently, MyLoan was updated on September 24, 2026 and AltPay App on October 4, 2026.

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