Paysend vs Profee: Fees, Rates & Speed Compared
Paysend
4.3Paysend offers international transfers with flat fees and competitive exchange rates. Known for card-to-card transfers in 180+ countries.
Profee
4.1Profee offers international money transfers with competitive rates, particularly strong on European and CIS country corridors.
Paysend and Profee are both popular choices for international money transfers, but they take different approaches. Paysend, founded in 2017 and headquartered in London, UK, is best known for transparent, low-cost transfers. Profee, operating since 2017 from London, UK, focuses on fast, small remittances. This comparison uses real transfer data collected from both providers across 6 popular corridors to show you exactly which one offers better value for your specific needs. Our data shows the difference can be significant — on a £500 GBP → PKR transfer, Profee delivers ₨3870.08 more to the recipient.
In this comparison
Live comparison: Paysend vs Profee across popular corridors
The table below shows how much the recipient receives when sending through Paysend vs Profee on 6 popular corridors. Data is refreshed every 6 hours from provider APIs and websites.
| Corridor | Paysend | Profee | Winner |
|---|---|---|---|
| USD → INR($1,000) | ₹94,829.59 | — | N/A |
| GBP → EUR(£1,000) | €1,142.40 | €1,118.66 | Paysend (+€23.74) |
| USD → PHP($500) | ₱30,726.18 | — | N/A |
| USD → MXN($1,000) | MX$17,313.98 | — | N/A |
| GBP → PKR(£500) | ₨184,492.61 | ₨188,362.69 | Profee (+₨3870.08) |
| USD → NGN($200) | ₦267,219.42 | — | N/A |
Amounts shown are what the recipient receives. Based on current scraped data, updated every 6 hours.
Key differences between Paysend and Profee
Paysend vs Profee: Feature comparison
| Feature | Paysend | Profee |
|---|---|---|
| Overall rating | 4.3/5 (Excellent) | 4.1/5 (Good) |
| Fee structure | Flat $2 fee on most corridors | From $0 depending on corridor |
| Exchange rate markup | 0% - 2% depending on corridor | 0.5% - 2% above mid-market |
| Transfer speed | Minutes to 2 days | Minutes to 2 days |
| Supported countries | 180+ | 100+ |
| Supported currencies | 70+ | 40+ |
| Max transfer | $10,000 | $10,000 |
| Payment methods | Debit Card, Credit Card, Bank Transfer | Bank Transfer, Debit Card, Credit Card |
| Delivery methods | Bank Deposit, Card Deposit, Mobile Wallet | Bank Deposit, Card Deposit |
| Regulators | FCA, FinCEN | FCA |
| Founded | 2017 | 2017 |
Pros and cons
Paysend
Pros
- Flat $2 fee on most transfers
- 0% exchange rate margin on select corridors
- Card-to-card transfers available
Cons
- Lower transfer limits than competitors
- Not all corridors have 0% markup
- Cash pickup not available
Profee
Pros
- Competitive rates to Eastern Europe and CIS
- Card-to-card transfers
- Simple fee structure
Cons
- Lower transfer limits
- Limited brand recognition
- No cash pickup option
When to choose Paysend vs Profee
Choose Paysend if:
- You want the real mid-market exchange rate with no hidden markup
- You need a multi-currency account to hold and convert balances
- You need wider country coverage (180+ vs 100+ countries)
Choose Profee if:
- You want the real mid-market exchange rate with no hidden markup
- You want zero transfer fees (From $0 depending on corridor)
- Profee's strengths (Bank Deposit, Card Deposit) match your needs
Verdict: Paysend or Profee?
Cost: Too close to call
Paysend and Profee are closely matched on cost. Across our 6 sample corridors, neither provider consistently delivers more to the recipient. The best choice depends on your specific corridor.
Speed: Similar delivery times
Both providers offer similar transfer speeds. Paysend typically delivers in Minutes to 2 days, while Profee takes Minutes to 2 days. The actual speed depends on the corridor and delivery method.
Wider coverage: Paysend
Paysend has broader coverage with 180+ countries and 70+ currencies. Paysend also offers Bank Deposit, Card Deposit, Mobile Wallet.
Bottom line
Overall, Paysend edges ahead for most users thanks to transparent pricing with the real mid-market exchange rate. That said, Profee is the better pick if you need fast, small remittances.
Frequently asked questions
Is Paysend or Profee cheaper for international transfers?
It depends on the corridor. Our data across 6 routes shows Paysend and Profee are closely matched on total cost. Paysend charges Flat $2 fee on most corridors with a 0% - 2% depending on corridor exchange rate markup, while Profee charges From $0 depending on corridor with a 0.5% - 2% above mid-market markup. We recommend comparing rates for your specific transfer using our calculator.
Which is faster, Paysend or Profee?
Paysend typically completes transfers in Minutes to 2 days, while Profee takes Minutes to 2 days. Actual speed depends on the corridor, payment method, and delivery option you choose. Bank transfers tend to be slower than card-funded transfers, and bank deposits are generally faster than cash pickups.
Are Paysend and Profee safe to use?
Yes, both are regulated money transfer services. Paysend is regulated by FCA, FinCEN and has a 4.3/5 Trustpilot rating. Profee is regulated by FCA with a 4.1/5 Trustpilot rating. Both companies are required to safeguard customer funds under their respective regulatory frameworks.
What are the transfer limits for Paysend vs Profee?
Paysend has a maximum transfer of $10,000 (minimum $10), while Profee allows up to $10,000 (minimum $10). Limits may vary by corridor, account verification level, and payment method. New accounts typically start with lower limits that increase over time.
Can I get cash pickup with Paysend or Profee?
Paysend offers Bank Deposit, Card Deposit, Mobile Wallet. Profee offers Bank Deposit, Card Deposit. Neither provider offers cash pickup — both deliver to bank accounts only.
Should I use Paysend or Profee to send money internationally?
For most users, Paysend offers better overall value thanks to transparent pricing with the real mid-market exchange rate. However, Profee is the better choice if you need fast, small remittances. The best provider for you depends on your corridor, transfer size, and whether you need features like Mobile Wallet.