Xoom is a mobile payment system that provides users with a variety of options for sending and transferring money both locally and internationally. Its services include bank transfers, cash pickup, cash delivery, international transactions, and more. In this article, we cover Xoom reviews and pricing. Ready to get started? Sign up now.
The Xoom pricing scheme is customized depending on the payment method, currency, amount of money sent, current forex rate, and where the money is sent to and from. Additionally, Xoom earns from converting currencies when carrying out international transactions as its exchange rates are marked up 4% to 6%.
Xoom offers the following transfer options: bank deposit, cash pickup, and door-to-door delivery among others. All these have several payment methods available: bank account, debit card, or credit card transfers. Interested users should note that each payment method has its correspondent transaction fee.
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Summary of Positive Xoom Reviews
Users who gave Xoom a positive review like how its PayPal integration makes it very accessible and easy to use. They also mentioned that it processes transactions very quickly and that its customer support is reliable.
One user who gave Xoom a positive review on ConsumerAffairs commented that he finds the service to be more convenient and affordable in comparison to other mobile payment apps. He also mentioned that its customer service team always promptly informs him of any problems regarding his transactions.
Summary of Negative Xoom Reviews
Users who gave Xoom a negative review complained about how it requires users to provide a lot of personal information to carry out transactions. They also mentioned that it would sometimes cancel their transactions.
One user who gave Xoom a negative review on ConsumerAffairs said that upon confirming his transaction, he received multiple phone calls that repeatedly requested for personal information for verification. However, his transaction was suddenly terminated, and he wasn’t given a reasonable explanation for the cancellation.
Check out the list below of some of Xoom’s features:
- Cash delivery
- Bank transfers
- Status updates
- Cash pickup
- International transactions
- And more
How much money can I send within 24 hours?
United States residents can send up to $50,000 within a day if they can provide the following: a bank statement or pay stub, answers to security questions, and a driver’s license, passport, or green card.
Which countries can I send money to through Xoom?
As of the date that this article was written (April 23, 2019), Xoom’s services are available in 130 countries. You may visit its website to check its complete list of international locations.