Comparison

Wave Merchant vs GTB Pay

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

Head to head
About

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.

Highlights
  • Dynamic QR code payments
  • Real-time transaction history
  • Business analytics
  • Bank settlement
  • Secure over-the-counter payments
Features
Read full description

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.

About

GTB Pay

Manage your finances on the go with this secure and user-friendly financial app. Easily transfer money, pay bills, and load funds using your MPU card or QR codes. Enjoy 24/7 customer support for a seamless banking experience.

Highlights
  • Wallet-to-wallet transfers
  • Cash in from MPU card
  • QR code transactions
  • Bill payment
  • Secure and reliable
  • User-friendly interface
Features
Read full description

GTB Pay: Your Ultimate Financial Companion Introducing GTB Pay, the cutting-edge financial app brought to you by Global Treasure Bank (Public Company Limited). Designed with your convenience in mind, GTB Pay offers a seamless and secure way to manage your finances on the go. Key Features: Wallet-to-Wallet Transfer: Easily send and receive money between GTB Pay wallets, making splitting bills or sharing expenses with friends and family a breeze. Cash In from MPU Card: Instantly load funds to your GTB Pay wallet from your MPU card, ensuring you always have access to your money when you need it. Transfer with QR: Simplify transactions with QR code transfers. Scan and pay or receive payments effortlessly, making transactions faster and more efficient. Bill Payment: Never miss a payment again! With GTB Pay, you can easily settle bills for utilities, subscriptions, and more, all within the app. Why Choose GTB Pay? Secure & Reliable: Your financial security is our top priority. GTB Pay employs advanced encryption and authentication measures to safeguard your transactions and personal information. User-Friendly Interface: With an intuitive design, GTB Pay is easy to navigate, ensuring a hassle-free user experience for both novice and experienced users. 24/7 Customer Support: Our dedicated support team is available around the clock to assist you with any queries or issues you may encounter. Take control of your finances like never before with GTB Pay. Download the app today and experience the future of banking at your fingertips!

Screenshots

Wave Merchant4 screens
GTB Pay4 screens

Verdict

The call

The clearest difference is review sentiment: Wave Merchant at 100% against GTB Pay's 0%. Wave Merchant also leads on rating (4.2 vs 4.0) and iOS requirement (13.0 vs 15.1). 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

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

Wave Merchant holds the better App Store score, 4.2 against 4.0. Both are backed by a comparable volume of ratings — 10 and 7 respectively. Written reviews point the same way: 100% of Wave Merchant's written reviews are positive against 0% of GTB Pay's.

UpkeepUpdate frequency

Wave Merchant ships an update every 4 months, GTB Pay every 2 months. Both last shipped on October 24, 2026.

Scorecard3 real differences · 7 level
Wave Merchant versus GTB Pay: the parameters behind the verdict, then further details
ParameterWave MerchantGTB Pay
PriceFreeFree
Rating4.2 (10 ratings) — better4.0 (7 ratings)
Positive reviews100.0% of reviews — better0.0% of reviews
Number of ratings10 — better7
Update frequencyEvery 4 monthsEvery 2 months — better
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPad, iPod — betteriPhone, iPod
Requires iOS13.0 — better15.1
Further details — not scored
Size69 MB35 MB
Age rating17+4+
DeveloperWave MoneyGLOBAL TREASURE BANK PUBLIC COMPANY LIMITED

Customer experience

Wave Merchant

All ratings10 ratings
Positive80.0%
Neutral0.0%
Negative20.0%
Written reviews1 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

GTB Pay

All ratings6 ratings
Positive83.3%
Neutral0.0%
Negative16.7%
Written reviews1 reviews
Positive0.0%
Neutral0.0%
Negative100.0%

In-app purchases

None

Wave Merchant

No in-app purchases

None

GTB Pay

No in-app purchases

Questions

Is Wave Merchant free?
Wave Merchant is free to download, with no in-app purchases.
Is GTB Pay free?
GTB Pay is free to download, with no in-app purchases.
Which has better reviews, Wave Merchant or GTB Pay?
Wave Merchant is rated higher. Wave Merchant averages 4.2 out of 5 from 10 ratings, while GTB Pay averages 4.0 from 7 ratings.
Do Wave Merchant or GTB Pay have ads?
Neither Wave Merchant nor GTB Pay shows ads.
Which is updated more often, Wave Merchant or GTB Pay?
Wave Merchant ships an update every 4 months, and GTB Pay every 2 months. Most recently, Wave Merchant was updated on October 24, 2026 and GTB Pay on October 24, 2026.

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