Comparison

Recon vs MoneyMaster PSB

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

Head to head
About

Recon

This app facilitates cashless payments across Africa for vendors, agency bankers, and general users. It offers a secure digital wallet, contactless payments via NFC, and QR code/USSD solutions for areas with limited internet. Experience convenient and accessible mobile transactions.

Highlights
  • Secure digital wallet
  • NFC contactless payments
  • QR code payments
  • USSD payment solutions
  • Mobile transaction facilitation
  • Cashless economy focus
Read full description

Recon Labs Limited is a dynamic fintech company that is dedicated to making cashless payments more accessible and convenient for everyone in Africa. Our cutting-edge solutions are designed to enable vendors, agency bankers, and general users to seamlessly transact using their mobile devices. With the help of our secure digital wallet, users can store their payment information and make quick and easy transactions with just a few taps on their phones. We also use Near Field Communication (NFC) technology to enable contactless card payments, making it even easier for users to pay for goods and services without having to physically touch a payment terminal. Our innovative QR code and USSD solutions allow users to make payments even in areas with limited internet connectivity, ensuring that no one is left behind in the move toward a cashless economy. At Recon Labs Limited, we are committed to providing our customers with a safe and secure platform for all their payment needs. With our state-of-the-art security features, users can rest assured that their information is protected at all times. Join us today and experience the future of payments in Africa!

About

MoneyMaster PSB

This digital banking app offers mobile wallets, savings, and current accounts for individuals and businesses. Manage funds, send money, pay bills, and purchase airtime/data conveniently.

Highlights
  • Mobile wallets
  • Savings and current accounts
  • Fund transfers
  • Bill payments
  • Airtime and data top-up
  • Business payment solutions
Read full description

MoneyMaster Payment Service Bank (MMPSB) is a leading digital bank in Nigeria that offers a broad range of services that include mobile wallets, savings account, individual current account and business account. Through these accounts, our customers can deposit and withdraw funds, send money, buy airtime and data, purchase or renew cable TV subscriptions, and pay utility bills, such as electricity and water, all from the palm of your hand. We support businesses by offering them bespoke seamless payment solutions, tailored collection services and vendor payment management. Registration: • Glo Customers: Simply enter your active Glo phone number to get started; no additional documents are required. If you wish to increase your transaction limits, you can provide your BVN (Bank Verification Number) for further validation. • Non-Glo Customers: You can open an account by using the phone number registered in your BVN profile. Enter your BVN, and you're good to go. Both Glo and non-Glo customers must use their BVN phone number for BVN validation, whether for account opening or limit adjustments. Types of Accounts: • Glo Customers: You can open a tier-2 mobile wallet without the need for additional validation. After BVN validation, customers from all Mobile Money Operators (MMOs) can open Savings and Current accounts. Savings and Current accounts come with a mobile wallet and default Tier-3 transaction limits. You can customize your transaction limits in the App settings. Services: 1. Fund Your Account: • Via Mobile Banking App: Open your existing mobile banking app, select the "send" or "transfer funds" option, enter the recipient's phone number without the first '0' (e.g., 805557xxxx), choose 'MoneyMaster PSB' as the recipient bank, enter your PIN, and submit. • At a Gloworld Shop: Visit your nearest Gloworld shop and deposit cash at the cashier's desk to fund your wallet. 2. Send & Receive Money: You can send money to any bank account or mobile wallet in Nigeria by providing the beneficiary's bank account number and bank name. To receive funds, simply share your phone number without the first zero as your account number. Alternatively, you can share your 10-digit savings or current account number (NUBAN) with the sender. 3. Withdraw Cash: To withdraw cash, visit your nearest Gloworld location. From your app, select 'withdraw,' enter the 6-digit agent code displayed at the cashier's desk, specify the amount, input your Transaction PIN, and you're done. Collect your cash from the cashier. 4. Buy Airtime & Data: You can purchase airtime for any mobile network operator in Nigeria and buy data packs directly from the app. We provide a pop-up menu for easy selection of data bundles for each operator. 5. Cable TV: Access the cable TV icon on the app, choose your service provider, select your plan, enter your customer ID (smartcard number), and submit. 6. Electricity: Navigate to the electricity icon on the app's homepage, select your biller, enter your meter number, specify the amount, input your PIN, and submit. For added convenience, you can save beneficiaries for future transactions. Check your most recent or historical transactions through the 'Transaction' button in the app's footer menu. To learn more about MoneyMaster PSB , please visit our website (https://moneymasterpsb.com/) or follow us on social media: • Facebook: https://www.facebook.com/profile.php?id=61552839581320&mibextid=LQQJ4d • Twitter: https://twitter.com/Moneymasterpsb • Instagram: https://www.instagram.com/moneymasterpsb/

Screenshots

Recon4 screens
MoneyMaster PSB4 screens

Verdict

The call

The clearest difference is rating: Recon at 5.0 against MoneyMaster PSB's 2.2. Recon also leads on iOS requirement (12.0 vs 15.1). MoneyMaster PSB's advantage is ratings volume (23 vs 1) and device support. On price, 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

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

ReceptionRating · Positive reviews · Number of ratings

Recon holds the better App Store score, 5.0 against 2.2. That said, the two scores are not equally well evidenced: MoneyMaster PSB has 23 ratings behind it against 1, so its average is the more settled of the two.

Scorecard4 real differences · 6 level
Recon versus MoneyMaster PSB: the parameters behind the verdict, then further details
ParameterReconMoneyMaster PSB
PriceFreeFree
Rating5.0 (1 ratings) — better2.2 (23 ratings)
Positive reviews—28.6% of reviews
Number of ratings123 — better
Update frequency—Every 2 months
Ads—No
In-app purchasesNoNo
MonetizationFreeFree
Devices—iPhone, iPod — better
Requires iOS12.0 — better15.1
Further details — not scored
Size91 MB60 MB
Age rating17+17+
DeveloperRecon LabsMoneyMaster Payment Service Bank Limited

In-app purchases

None

Recon

No in-app purchases

None

MoneyMaster PSB

No in-app purchases

Questions

Is Recon free?
Recon is free to download, with no in-app purchases.
Is MoneyMaster PSB free?
MoneyMaster PSB is free to download, with no in-app purchases.
Which has better reviews, Recon or MoneyMaster PSB?
Recon is rated higher. Recon averages 5.0 out of 5 from 1 ratings, while MoneyMaster PSB averages 2.2 from 23 ratings.

Other comparisons