CBE Soft Token vs Mela Merchant
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
CBE Soft Token
This app generates One-Time Passwords (OTPs) for secure login and transactions on internet banking. It serves as a multi-factor authentication tool for users of the Commercial Bank of Ethiopia.
- Generates One-Time Passwords (OTPs)
- Multi-factor authentication
- Secure login for internet banking
- Facilitates transactions
- Official app for Commercial Bank of Ethiopia
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Commercial Bank of Ethiopia Soft Token The Official Soft Token app of CBE for IOS CBE IOS Soft Token app is Multi factor authentication app which gives you access to generate OTP on your IOS Device phone to login and and make transaction to cbe internet banking. Once you download the application, you can get Activation code from CBE self service portal . For further information, please e-mail to us :- CBEIntBankingMFA@cbe.com.et
Mela Merchant
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Accept mobile payments instantly with Mela Merchant. Mela Merchant is the companion app for accepting payments in the Mela Finance ecosystem. Designed for merchants and business owners, it simplifies payment collection, eliminates cash handling complexity, and gives you complete visibility into your sales. KEY FEATURES • Create payment requests in seconds with customer details and notes • Generate QR codes for customers to pay instantly from the Mela app • Track real-time payment status—from request creation to completion • View detailed transaction history with powerful search and filtering • Access your sales dashboard for immediate insights into daily revenue • Manage your team with role-based staff permissions • Secure login with encrypted token storage and password management WHY MELA MERCHANT • Fast & Secure — All transactions use encrypted, bank-level security • Transparent — See every transaction, tip, and sale in real time • Integrated — Works seamlessly with Mela's consumer payment app • Built for Ethiopia — Designed for local payment needs and Ethiopian fintech Start accepting payments today with Mela Merchant.
Screenshots
Verdict
CBE Soft Token and Mela Merchant are too close to call on the numbers: across 6 compared parameters — price, update cadence, ads and in-app purchases among them — neither pulls far enough ahead to decide it. What separates them is feature set and interface, not measurable difference.
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.
CBE Soft Token ships an update every 4 months, Mela Merchant every 3 months. The most recent releases landed on October 23, 2026 and October 14, 2026 respectively.
| Parameter | CBE Soft Token | Mela Merchant |
|---|---|---|
| Price | Free | Free |
| Rating | 3.5 (10 ratings) — better | — |
| Positive reviews | 50.0% of reviews | — |
| Number of ratings | 10 — better | — |
| Update frequency | Every 4 months | Every 3 months — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | — |
| Devices | iPhone, iPad, iPod | iPhone, iPad, iPod |
| Requires iOS | 13.0 | 13.0 |
| Further details — not scored | ||
| Size | 29 MB | 20 MB |
| Age rating | 4+ | 4+ |
| Developer | COMMERCIAL BANK OF ETHIOPIA | Mela Finance Inc |
In-app purchases
CBE Soft Token
No in-app purchases
Mela Merchant
No in-app purchases
Questions
Is CBE Soft Token free?
Is Mela Merchant free?
Do CBE Soft Token or Mela Merchant have ads?
Which is updated more often, CBE Soft Token or Mela Merchant?
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