Comparison

PAYD by Moneris vs IOT Factory mobile

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

PAYD by Moneris

Accept mobile credit and debit card payments with this app and compatible card readers. Offers a simple setup for businesses to process transactions and manage finances on the go. Provides digital receipts and online reporting for easy business management.

Highlights
  • Accept credit and debit card payments
  • Mobile POS solution
  • EMV Chip & PIN security
  • Contactless payment options
  • Digital receipt emailing
  • Real-time online reports
Read full description

Your business isn’t stuck in one place. Why stick to one way to pay? Give your customers more ways to pay with PAYD® or PAYD PRO from Moneris PAYD™. With PAYD, you can accept mobile credit and signature debit card payments and with PAYD PRO, you can accept both EMV debit and credit card mobile payments. Simple to set up. Easy to use. PAYD – Use the PAYD App and PAYD Card Reader to accept most credit and signature debit cards using your smartphone or tablet. With no cancellation fee, no monthly fee, and no charge for the PAYD App, PAYD is easy and affordable. PAYD PRO – Turn your smartphone or tablet into a mobile POS solution that accepts EMV debit and credit cards through the PAYD App and the Bluetooth®-enabled PAYD PRO PIN Pad. PAYD PRO offers customers the option to pay with debit and credit cards using EMV Chip & PIN security, contactless technology and swipe. All with simple and affordable pricing. More ways to pay. More tools to grow. • Help maximize your cash flow with funds deposited directly into your account, usually within 1 to 2 business days • Access real-time online reports 24/7 • Email digital receipts to your customers in a flash Every PAYD transaction is backed by the security of Moneris®, one of North America’s leading payment processors.

About

IOT Factory mobile

Features
Read full description

Mobile Application extension for IOT Factory Software Platform. IOT Devices management, IOT Data integration and processing. Dashboards, Reports and Alerts. Check the status of your IOT devices on your smartphone, build charts, see them on a map. Review the latests Alerts.

Screenshots

PAYD by Moneris4 screens
IOT Factory mobile4 screens

Verdict

The call

The clearest difference is update cadence: IOT Factory mobile at fortnightly against PAYD by Moneris's every 7 months. PAYD by Moneris's advantage is iOS requirement (6.0 vs 13.0). 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

CostPrice · In-app purchases · Ads · Monetization

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

UpkeepUpdate frequency

PAYD by Moneris ships an update every 7 months, IOT Factory mobile fortnightly. The most recent releases landed on November 1, 2026 and October 27, 2026 respectively.

Scorecard2 real differences · 8 level
PAYD by Moneris versus IOT Factory mobile: the parameters behind the verdict, then further details
ParameterPAYD by MonerisIOT Factory mobile
PriceFreeFree
Rating1.7 (3 ratings) — better—
Positive reviews0.0% of reviews—
Number of ratings3 — better—
Update frequencyEvery 7 monthsFortnightly — better
AdsNoNo
In-app purchasesNoNo
MonetizationFree—
DevicesiPhone, iPodiPhone, iPad, iPod — better
Requires iOS6.0 — better13.0
Further details — not scored
Size6 MB20 MB
Age rating4+4+
DeveloperMoneris Solutions CorporationAPI Services

In-app purchases

None

PAYD by Moneris

No in-app purchases

None

IOT Factory mobile

No in-app purchases

Questions

Is PAYD by Moneris free?
PAYD by Moneris is free to download, with no in-app purchases.
Is IOT Factory mobile free?
IOT Factory mobile is free to download, with no in-app purchases.
Do PAYD by Moneris or IOT Factory mobile have ads?
Neither PAYD by Moneris nor IOT Factory mobile shows ads.
Which is updated more often, PAYD by Moneris or IOT Factory mobile?
PAYD by Moneris ships an update every 7 months, and IOT Factory mobile fortnightly. Most recently, PAYD by Moneris was updated on November 1, 2026 and IOT Factory mobile on October 27, 2026.

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