Bolt vs. Xoom, a PayPal Service

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Bolt
Score 8.3 out of 10
N/A
Bolt headquartered in San Francisco offers an ecommerce oriented payment gateway featuring in-built fraud protection powered by machine learning as well as ecommerce and mobile checkout optimization.N/A
Xoom, a PayPal Service
Score 7.7 out of 10
N/A
Xoom, a PayPal Service, is an online money transfer service for quickly sending money internationally.N/A
Pricing
BoltXoom, a PayPal Service
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
BoltXoom, a PayPal Service
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeOptional
Additional Details——
More Pricing Information
Best Alternatives
BoltXoom, a PayPal Service
Small Businesses
Apple Pay
Apple Pay
Score 9.3 out of 10

No answers on this topic

Medium-sized Companies
Apple Pay
Apple Pay
Score 9.3 out of 10

No answers on this topic

Enterprises
Adyen
Adyen
Score 8.6 out of 10

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
BoltXoom, a PayPal Service
Likelihood to Recommend
9.6
(3 ratings)
8.4
(22 ratings)
Likelihood to Renew
-
(0 ratings)
8.0
(1 ratings)
Usability
-
(0 ratings)
9.0
(1 ratings)
Support Rating
-
(0 ratings)
9.0
(2 ratings)
Implementation Rating
-
(0 ratings)
7.0
(1 ratings)
User Testimonials
BoltXoom, a PayPal Service
Likelihood to Recommend
Bolt Financial, Inc
If you have an eCommerce site, then Bolt could work very well for you! We have seen Bolt scale seamlessly as our sales have increased.
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PayPal
Xoom is best suited to send and receive money between two people who live in different countries, not only that we can also send money to our friends, colleagues, family members directly in their bank accounts. They have a great currency exchange functionality that directly converts our received money into our local currency, and deposits it into our bank account within a few minutes. The only drawback is that not many people know about it, it needs good marketing so that more people can use this service, and from my experience, I can say it is very secure and a good competitor of Payoneer.
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Pros
Bolt Financial, Inc
  • Protects stores against fraudulent orders through detailed customer screening
  • Offers great financing options for the customer
  • Very easy to use for the customer
  • Makes checkout extremely smooth and creates a great customer experience online
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PayPal
  • Very fast transfer and very secure as being of PayPal.
  • Receiver don't need to download the app or use Xoom.
  • It supports bank and debit card to transfer funds and same with the receiver.
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Cons
Bolt Financial, Inc
  • I think Bolt could improve the coupon section of their platform. Allowing multiple codes to be input.
  • I'd like to see some of the features that Bolt has made available on other shopping platforms on WooCommerce (It's worth noting most are available.)
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PayPal
  • Some destinations take longer to get delivered to.
  • Higher amounts of money are harder to transfer.
  • High fees when trying to add funds to new card.
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Likelihood to Renew
Bolt Financial, Inc
No answers on this topic
PayPal
I don't see any other service that is so versatile and which offers such a breadth of services.
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Usability
Bolt Financial, Inc
No answers on this topic
PayPal
It's one of the most easy to use and intuitive platforms. The app is very powerful as well.
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Support Rating
Bolt Financial, Inc
No answers on this topic
PayPal
The support team is excellent. They help with any queries.
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Implementation Rating
Bolt Financial, Inc
No answers on this topic
PayPal
The implementation was largely successful. Since this was a large shift from normal practices, we faced a few teething problems, but largely I'd say it went well.
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Alternatives Considered
Bolt Financial, Inc
No answers on this topic
PayPal
We agreed to select Xoom as the main payment method since it had more flexible options. It gives the user a full guarantee of transacting safely and when there is a conflict the customer support team acts quickly. The charges for sending and receiving money are relatively low as compared to other platforms. The mobile application has biometric login features making it difficult for unauthorized users to access confidential information.
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Return on Investment
Bolt Financial, Inc
  • Very positive our orders have significantly increased over the past year
  • Minimized fraudulent orders
  • Customers feel confident when purchasing from our site
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PayPal
  • We have had an uptick in payment processing times.
  • We receive payments from customers on time with no lag between invoice and payment dates.
  • Overall Xoom has literally added to our bottom line by allowing more than a physical check payment option.
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