Apexpay vs Tbay: Which Should You Trade With?
Score by dimension
| Dimension | Apexpay | Tbay |
|---|---|---|
| Gift card rates | 8.1 / 10Apexpay wins | 7.5 / 10 |
| Payout speed | 6.5 / 10 | 7.5 / 10Tbay wins |
| Trade experience | 7.2 / 10 | 7.5 / 10Tbay wins |
| Support & disputes | 8.0 / 10 | 8.0 / 10 |
| KYC & onboarding | 8.0 / 10Apexpay wins | N/A |
| Product quality | 8.0 / 10Apexpay wins | 7.5 / 10 |
| Other features | 8.0 / 10Apexpay wins | 7.5 / 10 |
| Security & trust | 7.9 / 10 | 8.0 / 10Tbay wins |
| Reputation | 7.9 / 10 | 8.0 / 10Tbay wins |
| App reviews | 8.7 / 10 | 9.1 / 10Tbay wins |
| Overall | 7.8 / 10 | 7.8 / 10 |
Side-by-side facts
| Detail | Apexpay | Tbay |
|---|---|---|
| Rate received (latest test) | The payout for our $50 US Razer Gold e-code was ₦55,600, giving an actual rate of ₦1,112 per dollar. | We tested a $20 US Razer Gold e-code. The rate was 88.37%, or approximately 0.8837 points (₦1,077.63) per $1. |
| Tested payout time (latest test) | 16 minutes | 10 minutes |
| Bank withdrawal time (latest test) | 1 minute | 3 minutes |
| Support first response | 2 minutes | 1 minute |
| KYC time | 2 minutes | Not tested |
| Payout methods | Bank transfer, Cryptocurrency | Bank Transfer |
| Gift card types | Amazon, AMEX, Apple / iTunes, eBay, GameStop, Google Play, Nike, Razer Gold, Sephora, Steam, Xbox | Amazon, AMEX, Apple / iTunes, eBay, Footlocker, Google Play, Nike, PlayStation, Razer Gold, Roblox, Sephora, Steam, Vanilla, Xbox |
| KYC requirements | Apexpay requested a BVN, government-issued ID and selfie. The process took about two minutes and was approved. | Tbay did not request identity verification during our test. The account was created using an email address, username and password. |
| Fee structure | No withdrawal fee was charged. | For this trade, Tbay showed an order amount of approximately ₦23,540.23 (18.6989097 points) and a settled amount of approximately ₦21,552.53 (17.12 points). That leaves a difference of approximately ₦1,987.70 (1.5789097 points). The order page did not clearly label this total difference as a fee, so we calculated it by comparing the order amount with the settled amount. It should not be treated as a standard Tbay charge. The transaction breakdown also showed a dispute deduction of approximately ₦697.13 (0.55376 points). Tbay gave the reason as “incorrect balance or local currency.” This was specific to the tested transaction and is not presented as a regular Tbay fee. |
Frequently asked questions
Is Apexpay or Tbay better overall?
They are level. Both Apexpay and Tbay score 7.8 out of 10 in our latest tests, so the choice comes down to the individual dimensions in the table above.
Which gives a better gift card rate, Apexpay or Tbay?
Apexpay rated better on the card we traded. Our gift card rates score is 8.1 for Apexpay and 7.5 for Tbay. Rates move daily and vary by card type and denomination, so compare rates per dollar before you sell.
Which pays out faster, Apexpay or Tbay?
Tbay paid out faster in our test: 10 minutes to complete the trade against 16 minutes on Apexpay. That is the tested payout time, measured from card submission to the trade value being credited; a later bank withdrawal is recorded separately.
Which has faster customer support, Apexpay or Tbay?
Tbay replied first. Support took 1 minute to answer at Tbay and 2 minutes at Apexpay when we contacted them during testing.
Which should I use, Apexpay or Tbay?
Use Apexpay if the rate matters most, and Tbay if you want the trade completed quickly. Apexpay scored higher on gift card rates and Tbay scored higher on payout speed.