Comparison

Wave Merchant vs MIFIDA

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

MIFIDA

Features
Read full description

Mifida Client App makes it easy to manage loans and savings. Clients can check loan and savings details, follow repayment schedules, and receive important updates — all in one simple, secure, and reliable app.

Screenshots

Wave Merchant4 screens
MIFIDA3 screens

Verdict

The call

The clearest difference is rating: MIFIDA at 5.0 against Wave Merchant's 4.2. Wave Merchant's advantage is ratings volume (10 vs 2) and iOS requirement (13.0 vs 15.6). On price, update cadence, 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

MIFIDA holds the better App Store score, 5.0 against 4.2. That said, the two scores are not equally well evidenced: Wave Merchant has 10 ratings behind it against 2, so its average is the more settled of the two.

UpkeepUpdate frequency

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

Scorecard3 real differences · 7 level
Wave Merchant versus MIFIDA: the parameters behind the verdict, then further details
ParameterWave MerchantMIFIDA
PriceFreeFree
Rating4.2 (10 ratings)5.0 (2 ratings) — better
Positive reviews100.0% of reviews—
Number of ratings10 — better2
Update frequencyEvery 4 monthsEvery 2 months — better
AdsNoNo
In-app purchasesNoNo
MonetizationFree—
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS13.0 — better15.6
Further details — not scored
Size69 MB36 MB
Age rating17+4+
DeveloperWave MoneyMIFIDA

In-app purchases

None

Wave Merchant

No in-app purchases

None

MIFIDA

No in-app purchases

Questions

Is Wave Merchant free?
Wave Merchant is free to download, with no in-app purchases.
Is MIFIDA free?
MIFIDA is free to download, with no in-app purchases.
Which has better reviews, Wave Merchant or MIFIDA?
MIFIDA is rated higher. Wave Merchant averages 4.2 out of 5 from 10 ratings, while MIFIDA averages 5.0 from 2 ratings.
Do Wave Merchant or MIFIDA have ads?
Neither Wave Merchant nor MIFIDA shows ads.
Which is updated more often, Wave Merchant or MIFIDA?
Wave Merchant ships an update every 4 months, and MIFIDA every 2 months. Most recently, Wave Merchant was updated on October 24, 2026 and MIFIDA on October 24, 2026.

Other comparisons