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.
Features5/15
See allMust Have
2 of 5
Transparent Low Fees
Fast Transfer Execution
Mid-Market Exchange Rate Transfers
Multi-Currency Account
Borderless Debit Card
Other
3 of 10
Mobile App
Regulatory Compliance
Customer Support
Batch Payments
API Integration
Real-Time Rate Alerts
Business Account Features
Invoice Creation
Spending Analytics
Multi-User Access
Rationale
Xoom is a service for sending money internationally, which aligns with the core concept of Wise. It emphasizes transparent fees and fast transfers, and offers a mobile app, customer support, and security measures. However, it does not explicitly mention using the mid-market exchange rate, nor does it offer a multi-currency account or a borderless debit card, which are key 'must-have' features for Wise. While it facilitates international money transfers, its offering is more limited compared to Wise's comprehensive multi-currency platform.
