Comparison

MoneyMaster PSB vs Confidence MFB

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

Head to head
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/

About

Confidence MFB

Features
Read full description

Confidence Bank is a digital bank that rewards you with real savings on everyday goods—not just interest. Save consistently and unlock access to exclusive markets where you can buy essential items at near cost price. This is our way of rewarding you for banking with us.

Screenshots

MoneyMaster PSB4 screens
Confidence MFB4 screens

Verdict

The call

The clearest difference is update cadence: Confidence MFB at every 10 days against MoneyMaster PSB's every 2 months. On price, ads, in-app purchases and device support 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.

UpkeepUpdate frequency

MoneyMaster PSB ships an update every 2 months, Confidence MFB every 10 days. The most recent releases landed on September 7, 2026 and September 22, 2026 respectively.

Scorecard1 real difference · 9 level
MoneyMaster PSB versus Confidence MFB: the parameters behind the verdict, then further details
ParameterMoneyMaster PSBConfidence MFB
PriceFreeFree
Rating2.6 (7 ratings) — better—
Positive reviews28.6% of reviews—
Number of ratings7 — better—
Update frequencyEvery 2 monthsEvery 10 days — better
AdsNoNo
In-app purchasesNoNo
MonetizationFree—
DevicesiPhone, iPodiPhone, iPad, iPod — better
Requires iOS15.1 — better15.5
Further details — not scored
Size60 MB94 MB
Age rating17+4+
DeveloperMoneyMaster Payment Service Bank LimitedConfidence MFB

In-app purchases

None

MoneyMaster PSB

No in-app purchases

None

Confidence MFB

No in-app purchases

Questions

Is MoneyMaster PSB free?
MoneyMaster PSB is free to download, with no in-app purchases.
Is Confidence MFB free?
Confidence MFB is free to download, with no in-app purchases.
Do MoneyMaster PSB or Confidence MFB have ads?
Neither MoneyMaster PSB nor Confidence MFB shows ads.
Which is updated more often, MoneyMaster PSB or Confidence MFB?
MoneyMaster PSB ships an update every 2 months, and Confidence MFB every 10 days. Most recently, MoneyMaster PSB was updated on September 7, 2026 and Confidence MFB on September 22, 2026.

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