Faremit vs Paymit Limited
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
Faremit
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Faremit is a game changer in traditional remittance methods, offering ease.
Paymit Limited
Send money internationally from the UK quickly and affordably. Funds arrive within minutes directly to bank accounts, mobile wallets, or cash pickup locations. Track transfers in real-time with transparent fees and competitive exchange rates.
- Send money from UK to multiple countries
- Funds arrive within minutes
- Direct transfers to bank accounts, mobile wallets, or cash pickup
- Save frequent recipients
- Real-time transfer tracking
- Competitive exchange rates and transparent fees
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Paymit Limited International money transfers made simple, fast, and secure. Our app is designed for people living in the UK who want to send money home quickly and affordably. With Paymit, your loved ones receive funds directly in minutes. Key Features & Benefits SEND MONEY, FAST Send from the UK to multiple countries worldwide Money arrives within minutes Direct transfers to Bank Accounts, Mobile Wallets, or Cash Pickup locations CONVENIENT Save frequent recipients for faster repeat transfers Track every transfer in real time Clear and easy-to-use mobile app experience LOW COST Competitive exchange rates updated daily Transparent fees displayed upfront — no hidden charges SECURE & RELIABLE Advanced technology keeps your money safe Authorised and regulated in the UK How It Works Create your free Paymit account Confirm your transfer details Select the amount you want to send Add your recipient Choose your payment method Download Paymit today and start sending money abroad with confidence. For more information, visit: www.paymit.co.uk
Screenshots
Verdict
The clearest difference is update cadence: Paymit Limited at every 2 weeks against Faremit's every 5 weeks. Faremit's advantage is iOS requirement (13.4 vs 15.6). 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
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
Faremit ships an update every 5 weeks, Paymit Limited every 2 weeks. The most recent releases landed on October 17, 2026 and October 18, 2026 respectively.
| Parameter | Faremit | Paymit Limited |
|---|---|---|
| Price | Free | Free |
| Rating | — | 5.0 (2 ratings) — better |
| Number of ratings | — | 2 — better |
| Update frequency | Every 5 weeks | Every 2 weeks — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | — | Free |
| Devices | iPhone, iPod | iPhone, iPad, iPod — better |
| Requires iOS | 13.4 — better | 15.6 |
| Further details — not scored | ||
| Size | 29 MB | 113 MB |
| Age rating | 17+ | 4+ |
| Developer | Faremit LTD | Paymit Limited |
In-app purchases
Faremit
No in-app purchases
Paymit Limited
No in-app purchases
