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MobilePay vs PalmPay

Both stand on peer-to-peer payment apps. Which one you can start free with, which one lets you read the code, and what each costs once you pay.

MobilePay

Free plan AndroidiPhone

MobilePay covers personal transfers, shared expenses, collections, and merchant payments in one app. Check the authentication requirements and applicable fees, including the transaction charge for Get paid.

Visit MobilePay

PalmPay

Free plan AndroidAPIiPhone+1

Choose PalmPay if you want an app for transfers and everyday payments, or a business platform with payment tools and APIs. Businesses should look elsewhere if they need a fixed published price, since pricing is custom.

Visit PalmPay

The facts

MobilePayPalmPay
Free planYesYes
Open sourceNot publishedNot published
Runs onAndroid, iPhoneAndroid, API, iPhone, Web
Lowest paid planFree or on requestNot published
Plans published2None
MakerNot publishedNot published
Websitemobilepay.dkpalmpay.com
On peer-to-peer payment apps#5 of 24#9 of 24

MobilePay: what it does well

  • Send or request money by phone number or QR code
  • Groups can split expenses
  • Box keeps shared funds separate from personal funds
  • Merchants can accept Visa and Mastercard on a phone

What to know first

  • New-device login requires MitID and an SMS code
  • Can be active on one device at a time
  • Get paid bills 0.99% of transaction value
  • Fees apply to some private payment situations

PalmPay: what it does well

  • Unlimited free transfers to PalmPay users and Nigerian banks, with no daily limits.
  • Savings interest advertised at up to 20%, paid daily, with anytime withdrawals.
  • Bills include airtime, data, water and TV, with cashback on bills and shopping.
  • Merchant payments are accepted at more than 600,000 shops, according to PalmPay.
  • Business APIs cover card, bank, wallet and USSD collections, payouts and virtual accounts.

What to know first

  • Users must be at least 18 to access services or create an account.
  • Business pricing is custom rather than a published fixed price.
  • Pay With Transfer applies at participating merchants.

Alternatives to MobilePay Alternatives to PalmPay The whole list