GrabPay
7.4#10 in digital wallet appsFree planFree planAndroidiOSWebAPI
VisitGrabPay vs Monzo
What both publish
| Fact | GrabPay | Monzo |
|---|---|---|
| Headquarters | 3 Media Close, Singapore 138498 | Monzo describes its main base as London near Liverpool Street, with an office in Cardiff and staff working globally. |
| Mobile requirements | Grab's help centre states iOS 15 or newer is required from May 2026 and Android 7.0 or newer from September 2026. | The September 2026 support policy requires iOS 18 or later and Android 11 or later, with advance notice before older versions are dropped. |
| Rating on Google Play | 4.8 out of 5 from 16.6M reviews | 4.2 out of 5 from about 183,000 reviews in the ratings section, with 10 million-plus downloads shown. |
| Rating on Trustpilot | 1.5 out of 5 from 907 reviews | 4.6 out of 5 from 73,542 reviews. |
| Security | Grab says it uses a 24/7 fraud detection engine that monitors activity and declines identified unauthorised transactions. | 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. |
| Security controls | GrabPay describes GrabPIN, biometrics, 3DS, anti-fraud monitoring and PCI DSS Level 1 controls. | Monzo describes biometric login, card freezing, 3D Secure, expiring virtual-card numbers, video-selfie verification and trusted-contact protections. |
GrabPay plans
- GrabPay WalletFree
Monzo plans
- Business LiteFree
- FreeFree
- MonzoFree
- Extra£3 a month
- Perks£9 a month
- Business Pro£9 a month
Pick GrabPay if…
GrabPay suits Android and iOS users who want payments, PayNow top-ups, peer transfers and GrabRewards in one wallet. It is also relevant to users comfortable with identity verification and wallet limits.
Pick Monzo if…
Monzo suits UK residents seeking a current account with app tools for budgeting, saving, travel spending or investing. Plan conditions and rates vary by account or subscription.