Provider Insights
Today's Xoom Rates for Sending 100 Units in Base Currency
Customer Ratings Overview
Apple AppStore:
4.8 / 5
Google Play Store:
4.6 / 5Trustpilot:
1.7 / 5
Xoom in Numbers
Established:
2001
Active Competitive Corridors (on Sendrater, 5+ Providers):
53
Leading Corridors
(where in Top 3):
9
Customer Ratings:
Xoom's average rating is currently below 4 stars, indicating room for improvement in customer satisfaction.
About Xoom
Parent Company:
PayPal Holdings, Inc
Geographical Focus:
Global, with a significant presence in countries like Albania, Argentina, Australia, Bangladesh, Brazil, Canada, China, Colombia, India, Mexico, Philippines, UK, and USA.
Licenses:
Xoom is a service of PayPal, Inc., a licensed provider of money transfer services. All money transmission is provided by PayPal, Inc. pursuant to PayPal, Inc.’s licenses. As a money service business, PayPal, Inc. is regulated directly by the federal government and by various U.S. state governments and agencies. (NMLS ID #: 910457)
Transfer Methods:
Bank deposits, debit card transfers, cash pickups, and home delivery in select markets.
Customer Experience:
Offers transaction status updates, transparent pricing, customer support, and security measures including encryption and fraud monitoring; however recent increase in number of complaints on several platforms.
Market Position:
A notable player in digital remittances under PayPal's umbrella. Reports suggest a potential sale by PayPal, indicating strategic shifts.