Compare Venmo and Xoom

Comparison

Venmo Logo

Venmo

Pay. Get paid. Shop. Share. Venmo is a digital wallet that makes money easier for everyone from students to small businesses. More than 60 million people use the Venmo app for fast, safe, social payments. Find out more

Xoom

Xoom is a digital money transfer service that lets you send money to friends and family in over 130 countries. It's fast, secure, and easy to use. Send money online, in minutes! Find out more
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Why you should consider it
  • Venmo has over 40 Million active users
  • Venmo is the most popular payment app among millennials
  • Venmo processed over $40 Billion in payments in 2019
  • Xoom has been rated #1 in customer satisfaction by JD Power for the past 3 years
  • Xoom has processed over $50 Billion in payments since its launch in 2001
  • Xoom is available in over 130 countries and territories
What are the benefits?
  • Easy Setup
  • Instant Transfers
  • Secure Payments
  • Social Network
  • Fast Transfers
  • Global Reach
  • Low Fees
  • Secure Payments
Things to look out for
  • Data Security
  • Fees Apply
  • Limited Use
  • Privacy Concerns
  • Exchange Rates
  • Fees
  • Limits
  • Security
Who is it for?
  • Coworkers
  • Family Members
  • Freelancers
  • Friends
  • Roommates
  • Small Business Owners
  • Students
  • Expats
  • Family Members
  • Freelancers
  • International Students
  • Small Business Owners
  • Travelers
Features

Coworkers

Venmo

Venmo: A Secure and Convenient Way to Send and Receive Money

Venmo is a secure and convenient way to send and receive money.

It is a mobile payment service owned by PayPal that allows users to transfer money to friends and family, pay for goods and services, and split bills.

Venmo is free to use and is available on both iOS and Android devices.

Who Should Use Venmo?

Venmo is ideal for anyone who needs to send or receive money quickly and securely.

It is especially useful for college students, freelancers, and small business owners who need to transfer money to friends, family, or clients.

Help & Support

How do I send money with Venmo?
You can send money with Venmo by entering the recipient's name, phone number, or email address. You can also send money to a group of people at once.
How do I receive money with Venmo?
You can receive money with Venmo by entering the sender's name, phone number, or email address. You can also request money from someone else.
Is Venmo secure?
Yes, Venmo is secure. All payments are encrypted and protected with bank-level security. Venmo also offers fraud protection and account monitoring.
What is Venmo?
Venmo is a digital wallet that lets you make and share payments with friends. You can easily split the bill, cab fare, or much more.
How do I sign up for Venmo?
You can sign up for Venmo using your email address or Facebook account. You'll need to provide your name, date of birth, and the last four digits of your Social Security number.
How do I add money to my Venmo account?
You can add money to your Venmo account using your bank account, debit card, or credit card. You can also transfer money from your Venmo balance to your bank account.

Xoom

Xoom: An Overview


Xoom is a digital money transfer service that allows users to send money to friends and family in over 130 countries.

It is a fast, secure, and cost-effective way to send money abroad.

Xoom is owned by PayPal and is a great option for those who need to send money overseas quickly and easily.

Who Should Use Xoom?


Xoom is ideal for those who need to send money overseas quickly and securely.

It is a great option for those who need to send money to friends and family abroad, as well as those who need to pay bills or make purchases in other countries.

Key Benefits and Features

How Does Xoom Compare to Its Competitors?


Xoom is a great option for those who need to send money overseas quickly and securely.

It offers competitive exchange rates and low fees, as well as a user-friendly mobile app and 24/7 customer support.

Xoom is a great alternative to other money transfer services, such as Western Union and MoneyGram.

Help & Support

What is Xoom?
Xoom is a digital money transfer service that allows you to send money to friends and family around the world quickly, securely, and at a low cost.
How do I send money with Xoom?
You can send money with Xoom in three easy steps: 1) Enter the amount you want to send, 2) Choose the recipient’s country, and 3) Enter the recipient’s information. You can also add a message to the recipient if you’d like.
How long does it take for the money to arrive?
The amount of time it takes for the money to arrive depends on the country you’re sending to. Generally, it takes 1-3 business days for the money to arrive.
What payment methods can I use to send money?
You can send money with Xoom using your bank account, debit card, or credit card.
What countries can I send money to?
Xoom currently supports sending money to over 70 countries around the world.
How do I track my money transfer?
You can track your money transfer by logging into your Xoom account and clicking on the “Track” tab. You can also track your transfer by entering the tracking number you received when you sent the money.
What is the Xoom Money-Back Guarantee?
Xoom offers a Money-Back Guarantee for all money transfers. If your money transfer is not delivered within the promised delivery time, Xoom will refund the full amount of your transfer, including all fees.

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