CurrencyFair vs PayPal - Who is better? [UPDATED 2024]

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

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

CurrencyFair vs PayPal: Quick Feature Comparison

  1. Visit CurrencyFair alternative CurrencyFair Visit CurrencyFair

    Used By: 150,000
    Currencies Available: 17
    Transfer Fees: 0.45%
    Payment Methods: Bank transfer, debit card
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: £5.00 (or equivalent)
    Max Transfer: £10,000,000.00 (or equivalent)
    Year Founded: 2009

  2. Visit CurrencyFair 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

CurrencyFair vs PayPal: Pros and Cons

CurrencyFair vs PayPal
Advantages

CurrencyFair Advantages PayPal Advantages
  • CurrencyFair has been serving clients for over 15 years
  • CurrencyFair is well rated among clients.
  • CurrencyFair is available internationally.
  • CurrencyFair has multiple currency options.
  • CurrencyFair provides phone customer support.
  • CurrencyFair provides email customer support.
  • CurrencyFair is available to iOS Apple device users.
  • CurrencyFair is available to Android mobile device users.
  • PayPal has been in operation for over 26 years.
  • PayPal boasts a high rating for sending money.
  • 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.

CurrencyFair vs PayPal
Disadvantages

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

CurrencyFair vs PayPal Fees and Other Costs

Fee type CurrencyFair Fees PayPal Fees
Transfer Fees 0.45% 2.9%+0.30 EUR
Min Transfer £5.00 (or equivalent) None
Max Transfer £10,000,000.00 (or equivalent) US$60,000.00 (varies)
Payment Methods Bank transfer, debit card Bank transfer, P2P mobile payment
Currencies AED, EUR, PLN, AUD, GBP, SEK, CAD, HKD, SGD, CHF, HUF, USD, CZK, NOK, ZAR, DKK, NZD 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

CurrencyFair vs PayPal Restricted Countries

CurrencyFair 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

CurrencyFair vs PayPal Transfer Speeds

Transfer Speed CurrencyFair PayPal
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

CurrencyFair vs PayPal Languages

CurrencyFair Supported Languages

English, French, German

PayPal Supported Languages

All major languages

CurrencyFair vs PayPal Verdict - Which is better?

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

  • CurrencyFair vs PayPal Transfer Fees: Transferring money with CurrencyFair costs 0.45% while PayPal charges 2.9%+0.30 EUR.
  • CurrencyFair vs PayPal Supported Currencies: CurrencyFair deals in over 1, where as PayPal offers transactions in 1.
  • CurrencyFair vs PayPal Payment Methods: CurrencyFair accepts Bank transfer, debit card, while PayPal allows transactions via Bank transfer, P2P mobile payment.
  • CurrencyFair vs PayPal Transfer Limits: CurrencyFair allows transfers between £5.00 (or equivalent) and £10,000,000.00 (or equivalent). PayPal's range is None to US$60,000.00 (varies).
  • CurrencyFair vs PayPal Minimum Age for Account Creation: CurrencyFair requires users to be at least 18 years old, where as PayPal has a minimum age requirement of 18.
  • Contact Number: You can reach CurrencyFair at +353 1 526 8411 and PayPal at 1800 419 9833.
  • CurrencyFair vs PayPal Countries of Operation: CurrencyFair operates in over 1 countries but has restrictions in over 1 countries. PayPal serves 1 countries and restricts operations in 1 countries.
  • CurrencyFair vs PayPal Client Base: CurrencyFair is used by 150, where as PayPal serves 295,000,000.
  • CurrencyFair vs PayPal Year Founded: CurrencyFair was established in 2009 and PayPal began its operations in 1998.
  • CurrencyFair vs PayPal Customer Rating: CurrencyFair holds a rating of 4, in contrast, PayPal has a rating of 3.
  • CurrencyFair vs PayPal Headquarters: CurrencyFair has its headquarters at Dublin, Ireland, while PayPal is based at San Francisco (US).
  • CurrencyFair vs PayPal Employee Count: CurrencyFair employs 99 individuals, where as PayPal has a team of 320.
  • CurrencyFair vs PayPal Estimated Annual Turnover: CurrencyFair turnover stands at 64,000,000 USD, while PayPal boasts a turnover of 25 Billion USD.
  • CurrencyFair vs PayPal Founder: CurrencyFair was founded by Paul Byrne, holding the position of CEO & President. On the other hand, PayPal was the brainchild of Sameera Rao, currently holding the position of VP and Head of Technology.
  • CurrencyFair vs PayPal Supported Languages: CurrencyFair offers support in over 1 languages. PayPal communicates in 1.

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CurrencyFair vs PayPal Alternatives Guides

If you would like to see some of the best CurrencyFair vs PayPal related services compared against their best CurrencyFair vs PayPal alternatives available right now. Learn more about CurrencyFair vs PayPal alternatives by clicking on the links below.



Screenshots

CurrencyFair Screenshot

CurrencyFair Screenshot

PayPal Screenshot

CurrencyFair Screenshot