Monese vs PayPay
Monese
monese.com
PayPay
paypay.ne.jpSide by side
| Figure | Monese | PayPay |
|---|---|---|
| Price from | £2.50/mo | $1,980/mo |
| Free plan | Yes | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | — |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| Plans published | 7 | 2 |
| Spec score · Digital Wallet Apps | 8.1 (#18) | 8.3 (#12) |
| Founded | 2015 | 2018 |
| Headquarters | London, United Kingdom | Tokyo, Japan |
| Security | Security features include biometric login, multi-factor authentication, 3D Secure, single-device access, card locking, and real-time notifications. | PayPay describes 24/7 fraud monitoring, two-factor authentication, and encryption of customer payment card and bank account information. |
| Support | Customers can contact Customer Support through in-app chat or email [email protected]. | PayPay directs users with suspected unauthorized use or login problems to its Help pages. |
Plans
Monese
- Pay as you goFree
- Everyday£2.95 a month
- Cashback£7.95 a month
- Premium£14.95 a month
- Everyday£29.95 a year
- Cashback£79.95 a year
- Premium£124.95 a year
In their own words
Monese
Monese offers mobile money accounts for spending, sending and saving through an app. Accounts support payments, transfers, direct debits, standing orders, savings tracking, account details, and physical or virtual cards. The app provides spending overviews, weekly and monthly budgets, instant spending notifications, and up to 10 savings pots with roundups. Customers can add cards to Apple Pay and Google Pay, or link multiple UK bank accounts to view balances and make instant top-ups. Security features include biometric login, multi-factor authentication, 3D Secure, single-device access and card locking. Monese is available on Android, iOS and web. Its Pay as you go account is free and described as basic and intended for occasional use. Everyday costs £2.95 a month and includes two free bank transfers out monthly, with a £1 fee beyond that allowance. Applicants must be at least 18, live in one of 31 EEA countries, and provide an email address, phone number, government ID and in-app video selfie. Monese says UK e-money funds are safeguarded, but its services are not covered by the Financial Services Compensation Scheme. It has no physical branches and does not handle cash or cheques.