Wave Merchant vs MAB Mobile
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Wave Merchant
This app provides merchants with a secure platform for managing online payments and tracking transactions. It offers features like dynamic QR code payments, real-time transaction history, and business analytics to help businesses streamline their financial operations.
- Dynamic QR code payments
- Real-time transaction history
- Business analytics
- Bank settlement
- Secure over-the-counter payments
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Fast, Easy, and Safe Online Payments - Myanmar's Leading Mobile Financial Service. Introduced by Wave Money, the Wave Merchant app brings fast, easy, and secure over-the-counter payment solutions not only for merchants and shops to track each transaction and analyze financial data but also for customers to make payments easier and more convenient. The app includes the following features: Dynamic QR: Customers can now enjoy the most convenient "Scan and Pay" functionality. The cashier keys in the specific payment amount, and customers can effortlessly and conveniently complete their payment by scanning the Dynamic QR code provided by the Wave Merchant app. Real-Time Transaction History Detail & Analytics: Merchants receive real-time transaction notifications and gain access to detailed transaction information. Additionally, the app provides a business analytics tool, allowing merchants to view their total transactions, sales, average daily transactions, average daily sales, etc. Bank Settlement: Merchants can seamlessly settle payments to their linked bank accounts. The app facilitates both cashing into the linked bank account and cashing out from it.
MAB Mobile
Manage your finances, make payments, and shop with ease using this digital wallet. It offers secure fund transfers, bill payments, mobile top-ups, and access to special offers and deals. Self-registration allows for instant service subscription.
- Fund transfers (wallet to wallet, bank accounts)
- Bill payments (insurance, internet, education)
- Mobile prepaid top-up
- Cash in/out from agents and branches
- Access to special offers and deals
- 24/7 call center support
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MAB Mobile is a digital wallet that makes banking, payments, shopping, discovering deals effortless and readily accessible through your mobile device. You can simply download our App and do a self-registration for instant subscription of the service. You can now manage your finances on the go through the convenience of your Mobile. We ensure our MAB Mobile is secured since we are using OTP encryption techniques for authentication and transaction security and thus it will protect your accounts from unauthorized access. Currently following services are available in MAB Mobile Fund Transfer: o Wallet to Wallet o Wallet to Non-Wallet o Wallet to MAB Bank Account o MAB Bank Account to Wallet Payment Services: o Bills Payments o Insurance o Internet o Education o Donation o Meter Bill o Gift Codes o Mobile Prepaid Top Up Cash In/Out from TrueMoney Agents Cash In/Out from MAB Branches Contact Us Easily o 24/7 Call Center Special Offers & Deals Easily find latest promotion and details about our Branches, ATMs, Agents, Merchants.
Screenshots
Verdict
The clearest difference is rating: Wave Merchant at 4.2 against MAB Mobile's 3.6. Wave Merchant also leads on review sentiment (100% vs 67%). On price, ratings volume, update cadence and ads 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.
Wave Merchant holds the better App Store score, 4.2 against 3.6. Both are backed by a comparable volume of ratings — 10 and 18 respectively. Written reviews point the same way: 100% of Wave Merchant's written reviews are positive against 67% of MAB Mobile's.
Wave Merchant ships an update every 4 months, MAB Mobile every 3 months. The most recent releases landed on October 24, 2026 and October 15, 2026 respectively.
| Parameter | Wave Merchant | MAB Mobile |
|---|---|---|
| Price | Free | Free |
| Rating | 4.2 (10 ratings) — better | 3.6 (18 ratings) |
| Positive reviews | 100.0% of reviews — better | 66.7% of reviews |
| Number of ratings | 10 | 18 — better |
| Update frequency | Every 4 months | Every 3 months — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone, iPad, iPod — better | iPhone, iPod |
| Requires iOS | 13.0 | 13.0 |
| Further details — not scored | ||
| Size | 69 MB | 114 MB |
| Age rating | 17+ | 17+ |
| Developer | Wave Money | Myanma Apex Bank Limited |
Customer experience
Wave Merchant
MAB Mobile
In-app purchases
Wave Merchant
No in-app purchases
MAB Mobile
No in-app purchases








