Xoom - A PayPal Service
#7 in Foreign Currency · Rated 3.9
PayPal-backed transfers with fast, digital-first delivery.
Xoom, a PayPal service, is a widely used digital money transfer option with a focus on bank deposits, cash pickup, and card-based funding. In 2025 PayPal updated Xoom’s transaction fees for several corridors, especially for cross-border transfers to Canada and the United States, adjusting the percentage-based fees by funding method. Xoom leverages PayPal’s network, offering flexibility for card, bank, or PayPal-funded transfers and providing a real-time cost estimate and FX conversion. The brand remains popular for users seeking a familiar PayPal ecosystem and relatively quick international transfers, though FX rates can be less favorable on certain corridors compared with some specialist FX providers. ([partner.xoom.com](https://partner.xoom.com/legal/policy-updates?utm_source=openai))
Features
- Bank deposit, cash pickup, mobile wallet options
- PayPal managed funding
- FX conversion with upfront quotes
- Global reach (near 160+ countries)
Pros
- Fast, web and mobile access
- Strong PayPal ecosystem integration
- Flexible funding options
Cons
- FX rates can be less competitive on some corridors
- Higher fees on card funding in some cases