Teerus MFB vs NillarPay
Price, ratings, monetisation and update history for both apps, side by side โ with what reviewers say about each.
Teerus MFB
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Teerus is the official mobile banking app for Teerus Microfinance Bank, built for Nigerians who want simple, reliable access to their money wherever they are. Open a savings or current account directly from your phone, complete your KYC verification, and start banking straight away. Once you are set up, you can send money to any Nigerian bank via NIP, transfer between your own accounts, Set up Standing Instructions and save your frequent payees for faster repeat transfers. Paying bills is just as easy. Top up airtime and data on MTN, Airtel, Glo, and 9mobile, settle your DStv, GOtv, or StarTimes subscription, Request virtual and physical debit cards, and pay your electricity bills all in one place. Request a virtual debit card linked to your account, set your PIN, and manage it directly from the app. Freeze or unfreeze it whenever you need to. We built in account analytics so you can track your spending, see your inflows and outflows, and download your account statements whenever you need them. On the security side, you can enable biometric login, set a transaction PIN, and turn on two-factor authentication for extra protection. Teerus Microfinance Bank is a CBN-licensed microfinance bank. Your deposits are protected in accordance with NDIC guidelines.
NillarPay
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NillarPay is a fast, secure, and easy-to-use mobile wallet built for everyday Nigerians. Whether you're sending money to family, paying bills, buying airtime, or managing your finances, NillarPay puts everything you need in one place. KEY FEATURES Send & Receive Money Transfer money instantly to anyone search by name from your contacts or enter their NillarPay ID. Transactions settle in seconds. Fund Your Wallet Top up your wallet easily via bank transfer or card payment. Your balance is always available, even offline. Buy Airtime & Data Purchase airtime and data bundles for any network: MTN, Airtel, Glo, and 9mobile - directly from the app. Pay Bills Pay electricity, cable TV (DSTV, GOtv, Startimes), water, and more without leaving the app. Bank-Grade Security Your account is protected with biometric authentication (Face ID / Touch ID), a personal PIN, and end-to-end encrypted transactions. Your money is always safe. Real-Time Notifications Get instant alerts for every transaction: so you always know exactly what's happening with your money. Transaction History View a full history of all your transactions. Filter, search, and download receipts anytime. Contacts Integration NillarPay connects with your phone contacts so you can quickly find and pay the people you already know. NillarPay is operated by Nillar Limited, a registered financial services company. Your funds are secured and your data is protected in accordance with our Privacy Policy. Download NillarPay today and experience the easiest way to manage your money.
Screenshots
Verdict
Teerus MFB and NillarPay are too close to call on the numbers: across 5 compared parameters โ price, ads, in-app purchases and device support among them โ neither pulls far enough ahead to decide it. What separates them is feature set and interface, not measurable difference.
Scored on Price ยท Rating ยท Positive reviews ยท Number of ratings ยท Update frequency ยท Ads ยท In-app purchases ยท Monetization ยท Best chart rank ยท Devices ยท Requires iOS
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
| Parameter | Teerus MFB | NillarPay |
|---|---|---|
| Price | Free | Free |
| Update frequency | Weekly | โ |
| Ads | No | No |
| In-app purchases | No | No |
| Devices | iPhone, iPod | iPhone, iPod |
| Requires iOS | 15.0 โ better | 15.1 |
| Further details โ not scored | ||
| Size | 42 MB | 45 MB |
| Age rating | 17+ | 4+ |
| Developer | TEERUS MICROFINANCE BANK LIMITED | Nillar Limited |
In-app purchases
Teerus MFB
No in-app purchases
NillarPay
No in-app purchases








