# Panrate vs ElbowPay

The clearest difference is iOS requirement: Panrate at 12.0 against ElbowPay's 15.1. On price, rating, ratings volume and update cadence there is nothing between them.

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

On the App Store both sit at effectively the same score — 5.0 for Panrate against 5.0 for ElbowPay. Both are backed by a comparable volume of ratings — 2 and 4 respectively.

Panrate ships an update monthly, ElbowPay every 3 weeks. The most recent releases landed on October 6, 2026 and September 30, 2026 respectively.

## The numbers

| Metric | Panrate | ElbowPay |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [5.0 (2 ratings)](https://appshunter.io/ios/app/panrate/id6748040409/reviews) | [5.0 (4 ratings)](https://appshunter.io/ios/app/elbowpay/id6758613844/reviews) |
| Number of ratings | 2 | **4** |
| Positive reviews | — | 100.0% of reviews |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Monthly | **Every 3 weeks** |
| Monetization | Free | Free |
| Size | 29 MB | 69 MB |
| Requires iOS | **12.0** | 15.1 |
| Devices | iPhone, iPod | **iPhone, iPad, iPod** |
| Age rating | 17+ | 4+ |
| Developer | [Bright Antwi Boasiako](https://appshunter.io/developer/1824038111) | [Elbow AI Inc.](https://appshunter.io/developer/1868357789) |

## What reviewers say

### Panrate

[App page](https://appshunter.io/ios/app/panrate/id6748040409)

Easily compare real-time exchange rates and fees from multiple money transfer providers. Find the cheapest or fastest way to send money home, with full transparency on all costs before you commit.

**Highlights:** Real-time provider rates, Full fee transparency, Best Rate & Fastest tags, Multi-corridor coverage, One-tap deep links, Privacy-first approach

**Features:** macOS Compatibility

**In-app purchases:** none


### ElbowPay

[App page](https://appshunter.io/ios/app/elbowpay/id6758613844)

A secure platform for direct peer-to-peer currency exchange. Connect with verified users, negotiate rates, and conduct transactions safely with escrow and verification systems. Offers a fast, affordable, and transparent alternative to traditional financial services.

**Highlights:** Peer-to-peer currency exchange, Negotiate exchange rates, Built-in escrow system, User verification, No banks or intermediaries, Transparent transactions

**Features:** macOS Compatibility, Apple Wallet, Vision Pro support

**In-app purchases:** none


## Frequently asked questions

### Is Panrate free?

Panrate is free to download, with no in-app purchases.

### Is ElbowPay free?

ElbowPay is free to download, with no in-app purchases.

### Which has better reviews, Panrate or ElbowPay?

Panrate and ElbowPay are both rated 5.0 out of 5 on the App Store, from 2 and 4 ratings respectively.

### Do Panrate or ElbowPay have ads?

Neither Panrate nor ElbowPay shows ads.

### Which is updated more often, Panrate or ElbowPay?

Panrate ships an update monthly, and ElbowPay every 3 weeks. Most recently, Panrate was updated on October 6, 2026 and ElbowPay on September 30, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*