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Xoom, a PayPal Service (personal use only)

Score7 out of 10

42 Reviews and Ratings

What is Xoom, a PayPal Service (personal use only)?

Xoom, a PayPal Service, is an online money transfer service for quickly sending money internationally. Xoom’s services are currently for personal use only, and business usage is against its terms of service.

Categories & Use Cases

Xoom: A competitor to other payment gateway service providers

Use Cases and Deployment Scope

I was using PayPal for many years to receive the payments from my freelancing and UHRS vendors. After that, I came across Xoom which is a service provided by Paypal to send and receive money internationally or domestically. Due to its fast transaction and automatic currency exchange function, I use it on all my freelancing and UHRS-related websites to receive my money directly in my bank account. Another best part is that we don't have to create a new account, we can use it by using our verified PayPal account. Also, we don't have to worry about the money, our whole money will get refunded if our transaction gets failed due to unforeseen circumstances. The customer service is also great, having available 24x7.

Pros

  • Can send money internationally and domestically to any bank account at any time.
  • Xoom has a currency exchange function, hence no need to worry about currency conversions.
  • Gives update on each and every step during the transaction.
  • Reliable customer support 24x7.

Cons

  • Xoom needs good marketing, very few people knows about it.
  • Xoom also needs to reach wider freelancing and UHRS vendors, so that our payment process becomes easy.

Most Important Features

  • One of the best features is that the one who is receiving money did not need to install the app or make an account in order to receive the money, he will get the money deposited directly in his bank account.
  • I can send money to the one who is living in foreign countries, at any time.
  • I receive money from different foreign vendors, and it gets converted into my local currency directly.

Return on Investment

  • With Xoom, money transfer becomes secure and reliable. Thanks to the money-back guarantee, I don't have to worry about failed transactions.
  • With Xoom, I can now send money to my family members without any hassle.
  • One of the drawbacks is, that it needs some tech knowledge to use not many people can use it directly.

Excellent Transfer Tool

Use Cases and Deployment Scope

This service is extremely helpful and has allowed me to send funds to family, friends, and also fellow employees when needed quickly and even internationally. It helps our team to be able to share funds easily and quickly and directly to their debit card or bank account, a very convenient tool.

Pros

  • Quick transations
  • Works internationally
  • Reliable platform

Cons

  • 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.

Most Important Features

  • Can send funds directly to recipient.
  • Multiple delivery options for funds.
  • Truly reliable.

Return on Investment

  • Efficient way to send funds, saves us time!
  • Produces trust with company employees and customers.
  • Detailed in its features and functions.

Alternatives Considered

Venmo for Business, PayPal Payments Pro and Cash Flow Frog

Other Software Used

Venmo for Business, Isis Papyrus CCM, Cash Flow Frog

Convenient and fast online payment platform.

Use Cases and Deployment Scope

Xoom is the main mode of payment that we use on daily basis to pay for equipment and other services. It is secure and the customer support staff replies within seconds when reached. It connects us to merchants all over the world so that we can get the best products and services. The process of signing up is simple and the customer service approves new members instantly once they meet the required set conditions.

Pros

  • Enhancing safe cash transactions.
  • Making payment of products and services from anywhere.
  • 24/7 customer support services.

Cons

  • Everything works well.
  • I have never experienced any challenge while working with this platform.

Most Important Features

  • Simple application interface.
  • Fast and secure transaction.
  • Low transaction fees.

Return on Investment

  • We have achieved positive ROI from reliable services.
  • We have safeguarded reliable payment method.

Secure online payment platform for buyers and sellers

Use Cases and Deployment Scope

Xoom has served our company for a long as the most stable online cash transaction platform. The sends money securely to any business partner without any issue. Our customers are now happy since they can pay for products and services conveniently from the comfort of their homes. The application can be logged in from both mobile and desktop devices anywhere.

Pros

  • Sending money at reliable charges.
  • Accepting online payment from anywhere.
  • Simple and flexible application interface.

Cons

  • Familiarization with all the features was easy.
  • Everything is operating well in the entire application.

Most Important Features

  • Friendly customer support staff ready to serve always.
  • Faster cash transmission system.
  • Money back guarantee incase of any failure.

Return on Investment

  • Our Return on Investment from reliable services have been positive.
  • Our payment transactions runs smoothly.

Fast, efficient international transactions

Use Cases and Deployment Scope

Xoom has been really useful in monetary transactions internationally for both business and personal purposes. It is quick and efficient. Also, since it is associated with PayPal, gives an additional layer of security. The exchange rate is very competitive

Pros

  • competitive transaction rate
  • fast efficient transfer
  • added security

Cons

  • transfer fee could be waived for large transaction amount
  • They could offer referral for new users
  • the exchange rate, though quite competitive, but can be better specially for larger transactions

Most Important Features

  • additional layer of security
  • quick and efficient

Return on Investment

  • Makes sending money abroad easier
  • quick transactions aid in quick processing
  • hassle free and easy to use

Other Software Used

Venmo for Business, Skrill