Xoom vs WorldRemit
Is WorldRemit better than Xoom?
Both Remitly 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, so 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 Xoom.
WorldRemit is a respected international money transfer company. As its name suggests, the company is focused on global remittances. This online money transfer company offers services to senders across 50 countries, with 140+ receiving destinations in the Americas, Australia, Asia, Africa, and continental Europe. The ‘raison d’être’ of this company is to facilitate international money transfers between friends, family, and acquaintances in foreign countries. All of this can be accomplished by simply using a PC, Mac, iOS or Android device.
Xoom, a PayPal Service is an electronic funds transfer or remittance provider that allows consumers to send money, pay bills and reload mobile phones from the United States and Canada to 131 countries. The company was founded in 2001, is based in San Francisco, CA, and has an office in Guatemala City, Guatemala.