Xoom (PayPal) review

Xoom, a PayPal service, offers fast international money transfers with options for bank deposit, cash pickup, and mobile reload in 130+ countries. Founded in 2001 and based in San Francisco, USA, Xoom (PayPal) is a global money transfer network. Xoom (PayPal) is authorised and regulated by FinCEN, which means customer money is safeguarded separately from company funds. It currently holds a Trustpilot score of 4.6 out of 5 from roughly 194,400 reviews, which we rate excellent.

On fees, Xoom (PayPal) charges nothing upfront on the majority of corridors (from $0 to $4.99), but the bigger cost is usually the exchange-rate markup of 1% - 3% above mid-market, which is built into the rate rather than shown as a line item. Transfers run from a minimum of $1 up to $50,000 per transaction. Because that markup scales with the amount you send, it is worth comparing the final receive amount rather than the fee alone.

Delivery speed is quoted at minutes to 3 days, and the service reaches 130+ countries across 50+ currencies. You can fund a transfer by Bank Transfer, Debit Card and Credit Card, with money delivered via Bank Deposit, Cash Pickup and Mobile Reload. The mix of funding and payout options is a good guide to which corridors Xoom (PayPal) handles best.

On the plus side: fast delivery to many countries, cash pickup widely available and mobile reload option. That makes it a sensible choice for sending to recipients who need cash in hand rather than a bank deposit. Worth keeping in mind: exchange rate includes markup and limited to personal transfers. As always, run your exact amount and currency through a live comparison before sending — the provider you pick usually affects the final amount more than any single fee.