Summary
Xoom, a PayPal Service, provides an online platform for sending money internationally. Users can transfer funds to bank accounts, debit cards, mobile wallets, or for cash pickup. The service highlights fast and secure transfers with upfront fees and rates, and offers customer support and a mobile app for managing transactions.
Features2/12
See allMust Have
1 of 5
Instant P2P Transfers
Prepaid Debit Card (Cash App Card)
Early Direct Deposit
Commission-Free Stock Trading
Bitcoin Trading
Other
1 of 7
Fraud Monitoring & Security
High-Yield Savings
Round-Up Savings
Pay Over Time (Afterpay)
Instant Discounts & Offers
Customizable Card Designs
ATM Access & Fee Reimbursement
Rationale
Xoom is a money transfer service, primarily focused on international remittances. While it facilitates sending money, it does not offer peer-to-peer transfers in the same vein as Cash App (i.e., instant, fee-free transfers between users within the same app using identifiers like phone numbers or cashtags). It also lacks features like a prepaid debit card, early direct deposit, stock trading, or bitcoin trading. The only matching feature is fraud monitoring, which is a general security measure for financial transactions.
