# Lyf Pay vs Monabanq Pay

The clearest difference is rating: Monabanq Pay at 5.0 against Lyf Pay's 4.5. Monabanq Pay also leads on monetization model (free vs ad-supported). Lyf Pay's advantage is ratings volume (120 vs 2) and review sentiment (53% vs 39%). On price, update cadence, ads and in-app purchases there is nothing between them.

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

Monabanq Pay holds the better App Store score, 5.0 against 4.5. That said, the two scores are not equally well evidenced: Lyf Pay has 120 ratings behind it against 2, so its average is the more settled of the two. Written reviews complicate that: 53% of Lyf Pay's written reviews are positive against 39% of Monabanq Pay's, so the app with the better star average is not the one people write more warmly about.

Lyf Pay ships an update monthly, Monabanq Pay fortnightly. The most recent releases landed on October 26, 2026 and October 25, 2026 respectively.

## The numbers

| Metric | Lyf Pay | Monabanq Pay |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.5 (120 ratings)](https://appshunter.io/ios/app/lyf-pay/id824967438/reviews) | **[5.0 (2 ratings)](https://appshunter.io/ios/app/monabanq-pay/id6654923333/reviews)** |
| Number of ratings | **120** | 2 |
| Positive reviews | **53.3% of reviews** | 39.1% of reviews |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Monthly | **Fortnightly** |
| Monetization | Ad-supported | **Free** |
| Size | 120 MB | 43 MB |
| Requires iOS | **13.0** | 15.0 |
| Devices | iPhone, iPod | iPhone, iPod |
| Age rating | 4+ | 4+ |
| Developer | [Lyf](https://appshunter.io/developer/824967441) | [monabanq.](https://appshunter.io/developer/339491302) |

## What reviewers say

### Lyf Pay

[App page](https://appshunter.io/ios/app/lyf-pay/id824967438)

This mobile payment and savings app will be phasing out its services. Users will no longer be able to access its features by June 1, 2026, as the company ceases operations.

**Highlights:** Mobile payment services, Savings account functionality, Phasing out services, Company ceasing operations

**In-app purchases:** none


### Monabanq Pay

[App page](https://appshunter.io/ios/app/monabanq-pay/id6654923333)

Send and receive money instantly and for free using just a mobile number. No need to register bank details or wait for recipients to be added. Get assistance from advisors and find answers in the Q&A section.

**Highlights:** Send and receive money, No RIB required, Instant transfers, Free transactions, Support via messaging and advisors, Lost/stolen payment card information

**In-app purchases:** none


## Frequently asked questions

### Is Lyf Pay free?

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

### Is Monabanq Pay free?

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

### Which has better reviews, Lyf Pay or Monabanq Pay?

Monabanq Pay is rated higher. Lyf Pay averages 4.5 out of 5 from 120 ratings, while Monabanq Pay averages 5.0 from 2 ratings.

### Do Lyf Pay or Monabanq Pay have ads?

Neither Lyf Pay nor Monabanq Pay shows ads.

### Which is updated more often, Lyf Pay or Monabanq Pay?

Lyf Pay ships an update monthly, and Monabanq Pay fortnightly. Most recently, Lyf Pay was updated on October 26, 2026 and Monabanq Pay on October 25, 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.*