Xoom: Send Money & Transfer

Xoom, a PayPal service, is a mobile application designed for sending money to friends and family internationally. It offers competitive rates, transparent fees, and fast transfer execution with real-time tracking. Users can send money for bank deposits, cash pickup, or mobile wallet transfers across numerous countries.

Xoom is a money transfer service, which aligns with the core concept of Wise. It explicitly mentions 'competitive and transparent rates' and 'upfront delivery times and real-time tracking updates' which correspond to transparent-low-fees and fast-transfer-execution. It is an app, fulfilling the mobile-app feature. As a PayPal service, it implies regulatory compliance and offers customer support. However, it does not appear to offer a multi-currency account or a borderless debit card, which are must-have features for Wise. While it facilitates international money transfers, the emphasis is on sending money to recipients rather than managing multiple currencies within a single account at mid-market rates, which is a key differentiator for Wise.