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Xoom has been highly praised by users for its ability to quickly and conveniently send funds internationally, making it an invaluable tool …
Overview
What is Xoom, a PayPal Service?
Xoom, a PayPal Service, is an online money transfer service for quickly sending money internationally.
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What is Xoom, a PayPal Service?
Xoom, a PayPal Service, is an online money transfer service for quickly sending money internationally.
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- Setup fee optional
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- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
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Product Details
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What is Xoom, a PayPal Service?
Xoom, a PayPal Service, is an online money transfer service for quickly sending money internationally.
Xoom, a PayPal Service Integrations
Xoom, a PayPal Service Technical Details
| Operating Systems | Unspecified |
|---|---|
| Mobile Application | No |
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(41)
Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
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Xoom has been highly praised by users for its ability to quickly and conveniently send funds internationally, making it an invaluable tool for sharing money with family, friends, and colleagues. With fast transactions and automatic currency exchange, Xoom is a reliable option for sending and receiving money both domestically and internationally. Users appreciate that Xoom can be used with a verified PayPal account, eliminating the need to create a new account. The 24x7 customer service has received accolades for its responsiveness, ensuring that users can quickly resolve any issues or concerns they may have.
Moreover, Xoom's cost-effectiveness stands out as a major advantage. It provides a seamless way to transmit money from a sender's debit card to a recipient's bank account, saving users time and effort. Businesses have especially found value in using Xoom for payments to suppliers, as it offers quick and low-cost transactions across different regions. Freelancers also benefit from Xoom's services, particularly when receiving payments from US clients or settling bills internationally. Additionally, Xoom's association with PayPal adds an extra layer of security and trust for users. Overall, Xoom serves as a trusted payment service that simplifies international monetary transactions for both personal and business purposes.
Reliability: Users have consistently found the platform reliable, with many reviewers stating that they have experienced no issues in sending money internationally and domestically to any bank account at any time.
Currency exchange function: The currency exchange function provided by Xoom is highly valued by users, as it eliminates the need to worry about currency conversions. Several reviewers have mentioned this feature as a key advantage of using Xoom for their money transfers.
Frequent updates during transactions: Many users appreciate the frequent updates provided by Xoom during the transaction process. This enhances transparency and keeps them informed at every step. Reviewers find these updates helpful in tracking their transfers and ensuring a smooth experience.
Long Delivery Time: Many users have expressed frustration and inconvenience due to longer delivery times for their packages when using Xoom. Some reviewers have mentioned that it took significantly more time than expected to receive their deliveries.
High Transfer Fees: Several reviewers have raised concerns about the high fees charged by Xoom when trying to add funds to a new card. This has made it more expensive for users to transfer money compared to other alternatives in the market.
Lack of Awareness: A significant number of users have reported that they had never heard of Xoom before researching, indicating a need for better marketing efforts from the company. Increasing awareness about its services through effective marketing strategies would help attract more customers.
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Reviews
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May 02, 2022
Fast, efficient international transactions
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
- competitive transaction rate
- fast efficient transfer
- added security
- 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
- additional layer of security
- quick and efficient
- Makes sending money abroad easier
- quick transactions aid in quick processing
- hassle free and easy to use
I have found xoom to be most efficient in terms of real time processing. The money gets deposited faster than any other service providers I have used. The exchange amount is quite competitive when compared with others and its association with Paypal provides an added layer of security. Quick, competitive and efficient
April 29, 2022
Xoom
Xoom is a cheaper way to transfer money from a sender's debit or credit card to a recipient's bank account. It allows you to send money to your friends and family around the world. Preferable to Venmo. The use case is that we had to figure out a way to send money between people both domestically and internationally.
- Send cash for pickup or home delivery.
- Pay international bills.
- Reload a prepaid mobile phone.
- Better marketing, I really never heard of them before I researched.
- Increase transaction limits.
- Ensure communication about security policies and methods.
- Sending money internationally for low fees.
- Quick, secure transactions.
- Ease of use
- Quick and efficient
- Better return on ROI
It was selected really because of the low expense.
April 29, 2022
Xoom the best tool to transfer money !
Xoom enables me to send both domestic and international funds quickly to my suppliers.
- Make money transfer
- Receive money from international clients and suppliers.
- Pay my bills
- The amount of money is limited for a transfer
- Fees can be high sometimes (even higher than competitors)
- It can take more than 5min sometimes
- Fast transfer
- Secure transfer
- Transfer to recipient who doesn't have Xoom
- Saving time 2x.
- Easy setup and good support.
- Not the best transfer fees.
For me, Xoom is the best tool to transfer and receive money because it's fast and secure and your recipients don't have to use Xoom. Besides, the transfer fees are generally good and I can pay my insurance bills.