Xoom Competitors: Find Better Alternatives Today
Xoom is a leading digital money transfer provider, offering a way to send money online since 2001. While it offers a trusted way to transfer money around the world, it doesn't mean that's the best or cheapest option available. In the past five to seven years, a multitude of new services have been launched and gained customer adoption around the world. It's always good to have a look at the competition and see what they offer.
As you can see from the example below, by comparing all fees (including the hidden currency exchange rate margin) on a comparison website like Monito, you can find competitors to Xoom that is more than 6 times cheaper. This is just one example. Transfer fees and exchange rates vary depending on the exact amount you need to send abroad, as well as the origin and destination of your transfer.
$500 transfer to Colombia
Service | Transfer Fee | Exchange Rate Margin | Total Cost |
|---|---|---|---|
Xoom | $8.99 | $21.03 | $30.02 |
Xoom Competitor | $5 | $4.47 | $4.47 |
Find alternatives to Xoom for your next transfer:
While it's not possible to say in all cases if Xoom or one of its competitors will be the best service for your next transfer, here's a list of the top Xoom competitors that we'd recommend you to check out. We review hundreds of money transfer services, compile dozens of parameters to benchmark their offering, assess the user-friendliness of the digital services and sift through hundreds of customer reviews to give each money transfer service a Monito Score. You can learn more about how Monito review money transfer services here.
Top Xoom Competitors
Company | Monito Score | Advantages | Learn More |
|---|---|---|---|
Wise | 9.2/10 |
| |
WorldRemit | 7.6/10 |
| |
Remitly | 7.1/10 |
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OFX | N/A |
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Western Union Online | 7.1/10 |
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Learn more about Xoom
Why Trust Monito?
You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe. Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.
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