Comparison

Parallex eToken vs TAJ eToken

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

Head to head
About

Parallex eToken

This app generates secure One-Time Passwords (OTPs) to verify electronic transactions and logins for online banking. It requires activation using your online banking credentials and a one-time fee for initial setup.

Highlights
  • Generates One-Time Passwords (OTPs)
  • Verifies electronic transactions
  • Secure login authentication
  • Requires online banking credentials for activation
  • PIN protection for app access
  • 24/7 banking service access
Features
Read full description

The PARALLEX eToken is a mobile app that generates One Time Passwords (OTPs) to verify electronic transactions. An OTP is a secure and automatically generated string of characters that confirms the user's identity during login or when completing electronic transactions. Electronic transactions, such as web, internet banking banking activities, often require the input of digit codes generated by the PARALLEX eToken app. To activate the PARALLEX eToken, simply login to the PARALLEX Token app with your Parallex Online Banking credentials. Once logged in, Click on Get started -Register Token -Enter Account Number -Select Corporate Customer -Click on Register - the app will authenticate your mobile phone and generate serial number and Activation code _ Create pin and confirm pin Once the app is activated, you can create a unique 4-digit PIN for logging into the application and enjoy 24/7 banking services. SERVICE TO CUSTOMERS AND INFORMATION You will be charged N2,500 + 7.5% VAT for the first time you activate your token. However, in accordance with the Central Bank of Nigeria's directive, this is a one-time charge for your token. Any additional reinstallation or reactivation will be free. For further enquiries about the PARALLEX eToken, you can visit www.parallexbank.com or send an email to customercare@parallexbank.com or call us on 070072725539.. Note: To ensure the security of your OTP, never disclose the OTP code to anyone.

About

TAJ eToken

This app generates secure One Time Passwords (OTPs) for banking transactions. It provides fast and reliable authorization, protecting your account with two-factor authentication anytime, anywhere.

Highlights
  • Secure OTP generation
  • Fast transaction authorization
  • Reliable authentication
  • Two-Factor Authentication (2FA)
  • Account protection
Features
Read full description

TAJ Bank eToken is a mobile application designed to securely generate One Time Passwords (OTPs) for your transactions on our digital channels. The application enables fast and reliable transaction authorization while protecting your account with Two Factor (2FA) authentication anytime, anywhere.

Screenshots

Parallex eToken4 screens
TAJ eToken3 screens

Verdict

The call

The clearest difference is rating: Parallex eToken at 4.3 against TAJ eToken's 3.0. On price, ratings volume, ads 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.

ReceptionRating · Positive reviews · Number of ratings

Parallex eToken holds the better App Store score, 4.3 against 3.0. Both are backed by a comparable volume of ratings — 3 and 2 respectively.

Scorecard1 real difference · 8 level
Parallex eToken versus TAJ eToken: the parameters behind the verdict, then further details
ParameterParallex eTokenTAJ eToken
PriceFreeFree
Rating4.3 (3 ratings) — better3.0 (2 ratings)
Number of ratings3 — better2
Update frequencyEvery 7 months—
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPodiPhone, iPad
Requires iOS15.6 — better16.6
Further details — not scored
Size4 MB30 MB
Age rating4+17+
DeveloperParallex Bank LtdTaj Bank Ltd

In-app purchases

None

Parallex eToken

No in-app purchases

None

TAJ eToken

No in-app purchases

Questions

Is Parallex eToken free?
Parallex eToken is free to download, with no in-app purchases.
Is TAJ eToken free?
TAJ eToken is free to download, with no in-app purchases.
Which has better reviews, Parallex eToken or TAJ eToken?
Parallex eToken is rated higher. Parallex eToken averages 4.3 out of 5 from 3 ratings, while TAJ eToken averages 3.0 from 2 ratings.
Do Parallex eToken or TAJ eToken have ads?
Neither Parallex eToken nor TAJ eToken shows ads.

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