Software · head to head
MoneyWiz vs Apple Pay
The short version
- Each has a real cost: MoneyWiz there is no free tier; every plan requires a subscription; Apple Pay apple Pay works only in countries and regions that support contactless payments and is not available in all markets
- They diverge on capability: MoneyWiz covers Expense tracking, Apple Pay covers Digital wallet.
Where they differ
Only the attributes on which MoneyWiz and Apple Pay actually diverge.
Identical on both: starting price (Free), free tier (Yes), user rating (Not yet rated), category (Unknown).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in MoneyWiz
- Expense tracking
- Budget management
- Multi-currency support
- Financial analytics
- Web support
- Android support
Only in Apple Pay
- Digital wallet
- Secure payments
- Contactless transactions
- P2P money transfers
- Debit cards
- WatchOS support
- MacOS support
Both cover
- Bank accounts
- Credit cards
- IOS support
What people use each for
The jobs each tool is most often brought in to do.
MoneyWiz
- Tracking personal accounts, budgets and bills across iOS, macOS, Windows and Androidnot Apple Pay
- Syncing one finance database across multiple devices through MoneyWiz Cloudnot Apple Pay
- Automatically importing transactions through bank syncnot Apple Pay
Apple Pay
- Contactless in store payment from iPhone and Apple Watchnot MoneyWiz
- Paying in apps and on the web without entering card detailsnot MoneyWiz
- Sending money between Apple users with Apple Cash and Tap to Cashnot MoneyWiz
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
MoneyWiz
- There is no free tier; every plan requires a subscription
- Bank sync with over 40,000 banks is Premium only, at 59.99 USD a year or 5.99 USD a month
- The Standard plan at 29.99 USD a year provides only cloud sync between devices, with no bank sync
- Subscriptions cap usage at 15 devices and two MoneyWiz Cloud accounts
- Priority support is restricted to the Premium tier
Apple Pay
- Apple Pay works only in countries and regions that support contactless payments and is not available in all markets
- Apple Cash is available only in the 50 United States, the District of Columbia and Puerto Rico
- Apple Cash Family accounts and Tap to Cash transactions are each capped at 2000 USD within a rolling seven day period
- Mac support requires a Touch ID equipped model
- A card works only if the issuing bank supports Apple Pay, and banks may charge their own overseas usage fees
Pricing, plan by plan
MoneyWiz
Free- FreeFree
- Basic expense tracking
- Multiple accounts
- Premium$4.99/month
- Advanced analytics
- Budget forecasting
- Custom categories
Apple Pay
Free- FreeFree
- Secure payments
- P2P transfers
- Transit passes
Which should you pick?
Choose MoneyWiz if
- You need expense tracking.
- You want to start without paying.
- You work on Web, IOS, Android.
- You also want budget management.
Choose Apple Pay if
- You need digital wallet.
- You want to start without paying.
- You work on IOS, WatchOS, MacOS.
- You also want secure payments.
Questions people ask
- Is MoneyWiz or Apple Pay better?
- Neither clearly leads. MoneyWiz starts at Free and Apple Pay at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, MoneyWiz or Apple Pay?
- MoneyWiz starts at Free and Apple Pay at Free.
- Does MoneyWiz or Apple Pay run on more platforms?
- MoneyWiz runs on Web, IOS, Android. Apple Pay runs on IOS, WatchOS, MacOS.
- Can I use MoneyWiz for free?
- Both have a free tier, so you can try either at no cost before committing.
- What is MoneyWiz best used for?
- MoneyWiz is most often used for tracking personal accounts, budgets and bills across ios, macos, windows and android, syncing one finance database across multiple devices through moneywiz cloud, automatically importing transactions through bank sync. Of those, tracking personal accounts, budgets and bills across ios, macos, windows and android and syncing one finance database across multiple devices through moneywiz cloud are not what Apple Pay is typically brought in for.
- What can MoneyWiz do that Apple Pay cannot?
- MoneyWiz covers Expense tracking, Budget management, Multi-currency support, Financial analytics. Apple Pay covers Digital wallet, Secure payments, Contactless transactions, P2P money transfers. Both handle Bank accounts, Credit cards, IOS support.