Comparison

MTB Neo vs NexusPay

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

Head to head
About

MTB Neo

Manage your bank accounts and perform various financial transactions on the go. This app allows real-time account viewing, fund transfers, mobile recharges, and bill payments. It also facilitates opening new products and ordering checkbooks, all secured with advanced encryption and two-factor authentication.

Highlights
  • Real-time account information
  • Fund transfers (local & international)
  • Mobile top-up
  • Credit card management
  • Bill payments
  • FDR & DPS account opening
  • Checkbook ordering
Features
Read full description

Stay connected to your MTB account and services 24/7 with the MTB Neo App, now available for iOS devices. This convenient, free service is offered to all MTB customers registered for the MTB Neo App. With the MTB Neo, you can: * View account information in real-time * Transfer funds to MTB or other banks via NPSB/BEFTN/RTGS * Perform MFS transfers and add beneficiaries * Recharge mobile phones instantly * Access credit card details and pay bills (in local and international currencies) * Opening FDR & DPS products * Order checkbooks and much more How do you activate the MTB Neo App on your device? 1. Click on Register to MTB Neo 2. Input your registered mobile number 3. Verify OTP 4. Select your bank account number or card number 5. Set your user ID and password 6. You are ready to log in to MTB Neo Your Security Is Our Priority MTB ensures a secure mobile-based banking experience with state-of-the-art security features: * Registration Required: You must be registered for MTB Neo to access the iOS app. * Activation Process: App usage requires an activation request from your MTB Neo account. * Advanced Encryption: The service is secured by SSL encryption and additional proprietary encryption technology from MTB. * Device Restriction: Only registered devices can access the MTB Neo iOS App. * Two-Factor Authentication: Every transaction is protected by two-factor authentication for added security. Need Assistance? Our 24/7 MTB Contact Centre is here to help: * Domestic Calls: 16219 or 096040 16219 * International Calls: +880 96040 16219 * Email: customer.service@mutualtrustbank.com With MTB Neo, enjoy seamless, secure, and convenient banking at your fingertips!

About

NexusPay

This app offers a fully cardless payment solution, allowing users to link multiple bank cards for transactions. It supports QR and NFC payments, free money transfers to any mobile number, and temporary card generation for online purchases.

Highlights
  • Cardless payments
  • Link multiple bank cards
  • QR and NFC transactions
  • Free money transfers
  • Temporary card numbers
  • Bill payments
  • Merchant payments
Features
Read full description

NexusPay from Dutch-Bangla Bank is the first fully cardless solution in Bangladesh. NexusPay works with all bank cards including Nexus, Visa, MasterCard, Dutch-Bangla Bank Agent Banking and Rocket Mobile Banking. Offers: # Over 10,000 shops accept NexusPay # Download multiple cards and use them when you want to # Send money for free to anyone # Send money for free to ANY and ALL mobile phone numbers Features: # Full QR and NFC payments across the entire DBBL network # Cardless ATM withdrawal (rollout in progress) # Receive money using QR, NFC, Phone, Rocket and card number # Combines the world of other banks cards and DBBL’s Rocket, Nexus and Agent Banking systems # Easily transfer money between all systems # Generate 10-minute temporary card numbers for online payments # Pay bills easily # Merchant payment using proprietary and Bangla QR # Other bank transfer using NPSB and BEFTN # Mini statement (DBBL only) # Last transactions statement (DBBL only) # Deactivate your card (DBBL only)

Screenshots

MTB Neo4 screens
NexusPay4 screens

Verdict

The call

The clearest difference is rating: MTB Neo at 3.4 against NexusPay's 3.1. MTB Neo also leads on review sentiment (41% vs 27%). NexusPay's advantage is ratings volume (1.1K vs 242). On price, update cadence, ads and in-app purchases 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.

ReceptionRating · Positive reviews · Number of ratings

MTB Neo holds the better App Store score, 3.4 against 3.1. Both are backed by a comparable volume of ratings — 242 and 1.1K respectively. Written reviews point the same way: 41% of MTB Neo's written reviews are positive against 27% of NexusPay's.

UpkeepUpdate frequency

MTB Neo ships an update monthly, NexusPay every 3 weeks. The most recent releases landed on October 23, 2026 and October 24, 2026 respectively.

Scorecard3 real differences · 7 level
MTB Neo versus NexusPay: the parameters behind the verdict, then further details
ParameterMTB NeoNexusPay
PriceFreeFree
Rating3.4 (242 ratings) — better3.1 (1.1K ratings)
Positive reviews40.7% of reviews — better27.0% of reviews
Number of ratings2421.1K — better
Update frequencyMonthlyEvery 3 weeks — better
AdsNoNo
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPad, iPod — betteriPhone, iPod
Requires iOS15.614.0 — better
Further details — not scored
Size140 MB157 MB
Age rating4+17+
DeveloperMutual Trust Bank LimitedDutch-Bangla Bank

Customer experience

MTB Neo

All ratings242 ratings
Positive58.3%
Neutral6.2%
Negative35.5%
Written reviews123 reviews
Positive40.7%
Neutral6.5%
Negative52.8%

NexusPay

All ratings1,072 ratings
Positive47.0%
Neutral11.3%
Negative41.7%
Written reviews355 reviews
Positive27.0%
Neutral14.1%
Negative58.9%

User reviews

MTB Neo

From 242 App Store ratings

What we love

  • 👍 Excellent user interface
  • 🚀 Smooth and fast performance
  • 🔒 Enhanced security features
  • 💡 Convenient features like DPS and FDR opening
  • 👍 Fresh and new UI design

Room to improve

  • 🐛 App crashes frequently
  • 🐛 Biometric login not working
  • 🐛 Compatibility issues with new iOS versions
  • 🐛 Slow loading times and server connection issues
  • 🐛 Bugs in specific features like mobile recharge and QR payment

NexusPay

From 1.1K App Store ratings

What we love

  • 🚀 Fast and useful app
  • 👍 Helpful for daily transactions
  • 🙌 Excellent app for Bangladeshi users

Room to improve

  • 🐛 Crashes and bugs
  • 🕰️ Slow performance
  • 🤔 Confusing UI/UX
  • 🔒 Security and login issues
  • 🤯 Extremely poor customer service

Bugs and requests

MTB Neo

Reported bugs

5 issues
  • App crashes on launch for new iPhones
  • App not working on iPad Air 6
  • Credit card details not visible in the app
  • QR payment not working
  • Registration process bug causing app to close

Requested features

5 requests
  • Add option to choose OTP delivery method
  • Provide deposit scheme closure option in the app
  • Bring back transaction screenshot sharing feature
  • Add card to Apple Wallet integration
  • Improve RTGS feature

NexusPay

Reported bugs

5 issues
  • App crashes on iOS 12 and newer versions
  • Unable to add/remove cards
  • Balance and statement not showing properly
  • Inconsistent behavior with NPSB transfers
  • Verification process not working reliably

Requested features

5 requests
  • Add option to delete saved beneficiaries
  • Implement biometric login
  • Integrate with other mobile wallets like Bkash
  • Improve bill payment experience
  • Add support for USD credit card payments

In-app purchases

None

MTB Neo

No in-app purchases

None

NexusPay

No in-app purchases

Questions

Is MTB Neo free?
MTB Neo is free to download, with no in-app purchases.
Is NexusPay free?
NexusPay is free to download, with no in-app purchases.
Which has better reviews, MTB Neo or NexusPay?
MTB Neo is rated higher. MTB Neo averages 3.4 out of 5 from 242 ratings, while NexusPay averages 3.1 from 1.1K ratings.
Do MTB Neo or NexusPay have ads?
Neither MTB Neo nor NexusPay shows ads.
Which is updated more often, MTB Neo or NexusPay?
MTB Neo ships an update monthly, and NexusPay every 3 weeks. Most recently, MTB Neo was updated on October 23, 2026 and NexusPay on October 24, 2026.

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