easypaisa vs Monzo
easypaisa
easypaisa.com.pkMonzo
monzo.comSide by side
| Figure | easypaisa | Monzo |
|---|---|---|
| Price from | Free | £3/mo |
| Free plan | Yes | Yes |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 1 | 8 |
| Spec score · Digital Wallet Apps | 8.8 (#5) | 8.9 (#4) |
| Headquarters | The website lists its address as 21 Fazeelat Arcade, G-11 Markaz, Islamabad, Pakistan. | Monzo describes its main base as London near Liverpool Street, with an office in Cardiff and staff working globally. |
| Security | The bank's customer protection document includes protection against fraud and invasion of privacy among its guiding principles. | Monzo says it is authorised by the Prudential Regulation Authority and regulated by the FCA and PRA, with eligible deposits protected by FSCS up to £120,000 per person. |
Plans
Monzo
- Business LiteFree
- FreeFree
- MonzoFree
- Extra£3 a month
- Business Pro£9 a month
- Perks£9 a month
- Max£19 a month
- Business Team£25 a month
In their own words
easypaisa
easypaisa is a digital banking and payment service from Karachi, Pakistan, available on Android, iOS, web, and through an API. Customers can send money to easypaisa accounts, CNICs, bank accounts, and Raast IDs, with transfers described as instant. The app pays bills for more than 1,500 organisations, including utilities, internet, telephone, and credit-card billers. It also provides mobile load and packages for Pakistani networks, plus savings, loans, international remittances, insurance, donations, and buy now pay later services. Businesses can accept online and QR payments, Mini Apps, and payment links, or connect the gateway to a website or mobile app. The service lists online payments and retail Till and QR payments as free. Transfers to another easypaisa account are free for the first five monthly transactions, then cost 1% for transactions six through ten and 2% thereafter, including tax. Account limits vary by level and can be increased by verification and upgrade.
Monzo
Monzo is a UK bank offering current accounts and app tools for spending, saving, borrowing, investing, and managing money. Salary Sorter divides income into Pots for bills, spending, and other budgeting needs. Customers can use Savings Pots, ISAs, and savings accounts, with rates varying by account and subscription plan; investment options start from £1 and can rise or fall in value. For travel, cardholders can spend abroad without foreign transaction fees and see live exchange rates in the app. Monzo connects other bank accounts and credit cards through FCA-regulated Open Banking, and customers must renew those connections every 90 days. Security features include Call Status, transaction notifications, card freezing, biometric login, and extra checks for large payments. Monzo says eligible deposits are protected by FSCS up to £120,000 per person. The app is available on Android, iOS, and web, with 24/7 in-app chat support. Accounts are for UK residents. The free current account is listed for ages 16+; paid plans have varying prices and eligibility conditions.