WorldRemit vs Western Union

Is WorldRemit better than Western Union?

Both Western Union and WorldRemit work in the same remittance territory and both fit just fine for small and medium personal transfers. WorldRemit, is a much younger and smaller player, so naturally has fewer agent locations, but its modern approach and technology enable it to offer an impressive multitude of transfer methods and receiving options at a much more competitive price. In those places you have a choice between the two, we would recommend exploring WorldRemit closer, as you will most likely get a better offer with more options and cheaper than Western Union.

Established
Established
2010
1990's
TrustPilot Rating
TrustPilot Rating
Office Locations
Office Locations
UK, EU, USA, India, South Africa
USA
REGULATION
ASIC (Australia)
ASIC (Australia)
FCA (UK)
FCA (UK)
Other
Other
-
FMA (Austria)
SAFETY
Two-factor payment authentication
Two-factor payment authentication
Information stored in a secure data center
Information stored in a secure data center
Biometric systems
Biometric systems
Segregated customer accounts
Segregated customer accounts
256-bit website encryption via SSL from VeriSign
256-bit website encryption via SSL from VeriSign
FEES & CHARGES
Transaction Fee
Transaction Fee
$3 - $4 fee for most countries
$5 - $10 fee on average
Exchange Rate
Exchange Rate
Mid-market
3%- 6% above the mid-market
Other Fees
Other Fees
-
Intermediary banks fees are possible
Minimum Transfer Amount
Minimum Transfer Amount
€/£/$1
€/£/$1
Maximum Transfer Amount
Maximum Transfer Amount
$9K
$9K online, unlimited at agent locations
Final amount quote upfront
Final amount quote upfront
SENDING & RECEIVING OPTIONS
Scheduled & Recurring Payments
Scheduled & Recurring Payments
Delivery Speed
Delivery Speed
0 - 3 Days
0 - 5 Days
Countries
Countries
150
200
Currencies
Currencies
115
130
CUSTOMER SUPPORT
Phone Assistance
Phone Assistance
Email
Email
24/7
24/7
TRANSFER METHODS
Bank Transfer
Bank Transfer
Credit/Debit Card
Credit/Debit Card
Cash
Cash
Cheque
Cheque
Other
Other
Android Pay, Apple Pay, Sofort
-
Delivery Methods
Cash pickup
Cash pickup
Bank transfer
Bank transfer
Mobile money
Mobile money
Airtime top-up
Airtime top-up
Door-to-door delivery
Door-to-door delivery
Vietnam only
Prepaid card
Prepaid card
ONBOARDING SIMPLICITY
Onboarding Time
Onboarding Time
Within minutes
Within minutes
eKYC
eKYC
Ease of Use
Ease of Use
Easy
Easy
UNIQUE FEATURES
Home delivery
Home delivery
Mobile money (phone account)
Mobile money (phone account)
Mobile airtime top-ups
Mobile airtime top-ups
550 000 agent locations & 100 000 automatic teller machines around the world
550 000 agent locations & 100 000 automatic teller machines around the world
The first transfer fee-free
The first transfer fee-free
MOBILE TRANSFERS
Full Featured App
Full Featured App
Mobile Adaptive Website
Mobile Adaptive Website
App UX
App UX
With WorldRemit, send money FAST

90% of all transactions are completed in just minutes!

 

With WorldRemit, send money FAST

90% of all transactions are completed in just minutes!