Currencies Direct vs PayPal - Who is better? [UPDATED 2024]

When it comes to sending money across borders, we tested options like Currencies Direct and PayPal have emerged as leading choices. Both Currencies Direct and PayPal online platforms offer efficient and cost-effective and secure international money transfers from Currencies Direct and PayPal.

We compare Currencies Direct vs PayPal into the unique features and benefits that distinguish Currencies Direct vs PayPal, empowering you to make an informed decision based on your specific transfer needs like Currencies Direct vs PayPal fees, currencies available, available payment methods on Currencies Direct compared to PayPal, support options offered by Currencies Direct vs PayPal, speed and more.

Currencies Direct vs PayPal: Quick Feature Comparison

  1. Visit Currencies Direct alternative Currencies Direct Visit Currencies Direct

    Used By: 325,000
    Currencies Available: 22
    Transfer Fees: none
    Payment Methods: Bank transfer, debit card
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: none
    Max Transfer: 25000 GBP
    Year Founded: 1995

  2. Visit Currencies Direct alternative PayPal Visit PayPal

    Used By: 295000000
    Currencies Available: 25
    Transfer Fees: 2.9%+0.30 EUR
    Payment Methods: Bank transfer, P2P mobile payment
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: None
    Max Transfer: US$60,000.00 (varies)
    Year Founded: 1998

Currencies Direct vs PayPal: Pros and Cons

Currencies Direct vs PayPal
Advantages

Currencies Direct Advantages PayPal Advantages
  • Currencies Direct has been serving clients for over 29 years
  • Currencies Direct is available internationally.
  • Currencies Direct has multiple currency options.
  • Currencies Direct provides phone customer support.
  • Currencies Direct provides email customer support.
  • Currencies Direct is available to iOS Apple device users.
  • Currencies Direct is available to Android mobile device users.
  • PayPal has been in operation for over 26 years.
  • PayPal operates in numerous international countries.
  • PayPal offers an extensive range of currency options for money transfers.
  • PayPal provides phone support.
  • PayPal offers registered customers email support.
  • PayPal has a Apple iOS app on Apple app store.
  • PayPal offers a Android Google Play Store mobile app.

Currencies Direct vs PayPal
Disadvantages

Currencies Direct Disadvantages PayPal Disadvantages
  • Currencies Direct has no PayPal support.
  • Currencies Direct has no Neteller payments support.
  • Currencies Direct has no Skrill payment support.
  • Currencies Direct does have a mobile digital wallet like some others.
  • No home delivery with Currencies Direct.
  • No cash pickups with Currencies Direct.
  • No money order support with Currencies Direct.
  • No live chat support with Currencies Direct.
  • PayPal has no PayPal option.
  • PayPal has no Neteller option.
  • PayPal has no Skrill option.
  • No digital wallets with PayPal.
  • No PayPal home delivery.
  • No PayPal Cash pickups.
  • No PayPal money order option.
  • No PayPal Livechat.

Currencies Direct vs PayPal Fees and Other Costs

Fee type Currencies Direct Fees PayPal Fees
Transfer Fees none 2.9%+0.30 EUR
Min Transfer none None
Max Transfer 25000 GBP US$60,000.00 (varies)
Payment Methods Bank transfer, debit card Bank transfer, P2P mobile payment
Currencies AUD, CAD, DKK, EUR, HUF, INR, JPY, MUR, MAD, NZD, NOK, PLN, RON, SGD, ZAR, SEK, CHF, THB, AED, USD, HKD, RMB AUD, BRL, CAD, CNY, CZK, DKK, EUR, HKD, HUF, ILS, JPY, MYR, MXN, TWD, NZD, NOK, PHP, PLN, GBP, RUB, SGD, SEK, CHF, THB, USD

Currencies Direct vs PayPal Restricted Countries

Currencies Direct Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

PayPal Country Restrictions

Afghanistan, Aland Islands, American Samoa, Angola, Anguilla, Antarctica, Antigua and Barbuda, Barbados, Belize, Benin, Bhutan, Bonaire (including Sint Eustatius and Saba), Bouvet Island, British Indian Ocean Territory, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Cocos (Keeling) Islands, Comoros, Congo, Democratic Republic of, Congo, Republic of, Cook Islands, Crimea, Cuba, Curacao, Djibouti, Equatorial Guinea, Eritrea, Faroe Islands, Fiji, French Guyana, French Polynesia, French Southern Territories, Gabon, Gambia, Greenland, Grenada, Guadeloupe, Guinea, Guinea-Bissau, Guyana, Haiti, Heard Island and Mcdonald Islands, Holy See (Vatican City State), Iran, Iraq, Ivory Coast (Cote d'Ivoire), Japan, Kiribati, Kosovo, Kyrgyzstan, Lao People’s Democratic Republic, Lebanon, Liberia, Libya, Macao, Mali, Marshall Islands, Martinique, Mauritania, Mayotte, Micronesia, Federated States of, Montserrat, Myanmar, Namibia, Nauru, New Caledonia, Niger, Niue, Norfolk Island, North Korea, Northern Mariana Islands, Palau, Palestinian Territory, Papua New Guinea, Reunion, Pitcairn, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Sao Tome e Principe, Seychelles, Sierra Leone, Sint Maarten, Solomon Islands, Somalia, South Georgia and the South Sandwich Islands, Sudan (North and South), Suriname, Svalbard and Jan Mayen, Syria, Tajikistan, Timor-Leste, Togo, Tokelau, Tonga, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Vanuatu, Venezuela, Wallis and Futuna, Western Sahara, Western Samoa, Yemen, Zimbabwe, Crimea, Cuba, Iran, Libya, North Korea, South Sudan, Sudan, Syria

Currencies Direct vs PayPal Transfer Speeds

Transfer Speed Currencies Direct PayPal
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

Currencies Direct vs PayPal Languages

Currencies Direct Supported Languages

PayPal Supported Languages

All major languages

Currencies Direct vs PayPal Verdict - Which is better?

Which is best out of Currencies Direct and PayPal depends on your needs.

  • Currencies Direct vs PayPal Transfer Fees: Transferring money with Currencies Direct costs none while PayPal charges 2.9%+0.30 EUR.
  • Currencies Direct vs PayPal Supported Currencies: Currencies Direct deals in over 1, where as PayPal offers transactions in 1.
  • Currencies Direct vs PayPal Payment Methods: Currencies Direct accepts Bank transfer, debit card, while PayPal allows transactions via Bank transfer, P2P mobile payment.
  • Currencies Direct vs PayPal Transfer Limits: Currencies Direct allows transfers between none and 25000 GBP. PayPal's range is None to US$60,000.00 (varies).
  • Currencies Direct vs PayPal Minimum Age for Account Creation: Currencies Direct requires users to be at least 18 years old, where as PayPal has a minimum age requirement of 18.
  • Contact Number: You can reach Currencies Direct at 44 (0) 20 7847 9400 and PayPal at 1800 419 9833.
  • Currencies Direct vs PayPal Countries of Operation: Currencies Direct operates in over 1 countries but has restrictions in over 1 countries. PayPal serves 1 countries and restricts operations in 1 countries.
  • Currencies Direct vs PayPal Client Base: Currencies Direct is used by 325, where as PayPal serves 295,000,000.
  • Currencies Direct vs PayPal Year Founded: Currencies Direct was established in 1995 and PayPal began its operations in 1998.
  • Currencies Direct vs PayPal Customer Rating: Currencies Direct holds a rating of 3, in contrast, PayPal has a rating of 3.
  • Currencies Direct vs PayPal Headquarters: Currencies Direct has its headquarters at London (GB), while PayPal is based at San Francisco (US).
  • Currencies Direct vs PayPal Employee Count: Currencies Direct employs 276 individuals, where as PayPal has a team of 320.
  • Currencies Direct vs PayPal Estimated Annual Turnover: Currencies Direct turnover stands at 257,000,000 USD , while PayPal boasts a turnover of 25 Billion USD.
  • Currencies Direct vs PayPal Founder: Currencies Direct was founded by Leo Markides, holding the position of Chief Operating Officer. On the other hand, PayPal was the brainchild of Sameera Rao, currently holding the position of VP and Head of Technology.
  • Currencies Direct vs PayPal Supported Languages: Currencies Direct offers support in over 1 languages. PayPal communicates in 1.

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Currencies Direct vs PayPal Alternatives Guides

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Screenshots

Currencies Direct Screenshot

Currencies Direct Screenshot

PayPal Screenshot

Currencies Direct Screenshot