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

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

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

MoneyGram vs PayPal: Quick Feature Comparison

  1. Visit MoneyGram alternative MoneyGram Visit MoneyGram

    Used By: 150000000
    Currencies Available: 46
    Transfer Fees: 1.99$
    Payment Methods: Bank transfer, debit/credit card, cash
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: $1.00
    Max Transfer: $10,000.00 (varies)
    Year Founded: 1940

  2. Visit MoneyGram 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

MoneyGram vs PayPal: Pros and Cons

MoneyGram vs PayPal
Advantages

MoneyGram Advantages PayPal Advantages
  • MoneyGram has been serving clients for over 84 years
  • MoneyGram is available internationally.
  • MoneyGram has multiple currency options.
  • MoneyGram provides phone customer support.
  • MoneyGram provides email customer support.
  • MoneyGram is available to iOS Apple device users.
  • MoneyGram 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.

MoneyGram vs PayPal
Disadvantages

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

MoneyGram vs PayPal Fees and Other Costs

Fee type MoneyGram Fees PayPal Fees
Transfer Fees 1.99$ 2.9%+0.30 EUR
Min Transfer $1.00 None
Max Transfer $10,000.00 (varies) US$60,000.00 (varies)
Payment Methods Bank transfer, debit/credit card, cash Bank transfer, P2P mobile payment
Currencies AED, AUD, BND, CAD, CHF, CZK, DKK, EUR, FJD, HKD, HUF, IDR, ILS, INR, IRR, JPY, KRW, KWD, LKR, MAD, MXN, MYR, NGN, NZD, OMR, PEN, PGK, PHP, PKR, PLN, SAR, SCR, SDG, SEK, SGD, THB, TOP, TRY, TWD, USD, VND, VUV, WST, XOF, XPF, ZAR 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

MoneyGram vs PayPal Restricted Countries

MoneyGram Country Restrictions

North Korea

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

MoneyGram vs PayPal Transfer Speeds

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

MoneyGram vs PayPal Languages

MoneyGram Supported Languages

English, Spanish, French, Danish, German, Arabic, Czech, Hungarian, Indonesian, Italian, Japanese, Korean, Malaysian, Norwegian, Polish, Portuguese, Romanian, Russian, Thai, Turkish, Ukrainian, Chinese

PayPal Supported Languages

All major languages

MoneyGram vs PayPal Verdict - Which is better?

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

  • MoneyGram vs PayPal Transfer Fees: Transferring money with MoneyGram costs 1.99$ while PayPal charges 2.9%+0.30 EUR.
  • MoneyGram vs PayPal Supported Currencies: MoneyGram deals in over 1, where as PayPal offers transactions in 1.
  • MoneyGram vs PayPal Payment Methods: MoneyGram accepts Bank transfer, debit/credit card, cash, while PayPal allows transactions via Bank transfer, P2P mobile payment.
  • MoneyGram vs PayPal Transfer Limits: MoneyGram allows transfers between $1.00 and $10,000.00 (varies). PayPal's range is None to US$60,000.00 (varies).
  • MoneyGram vs PayPal Minimum Age for Account Creation: MoneyGram requires users to be at least 18 years old, where as PayPal has a minimum age requirement of 18.
  • Contact Number: You can reach MoneyGram at 448457223344 and PayPal at 1800 419 9833.
  • MoneyGram vs PayPal Countries of Operation: MoneyGram operates in over 1 countries but has restrictions in over 1 countries. PayPal serves 1 countries and restricts operations in 1 countries.
  • MoneyGram vs PayPal Client Base: MoneyGram is used by 150,000,000, where as PayPal serves 295,000,000.
  • MoneyGram vs PayPal Year Founded: MoneyGram was established in 1940 and PayPal began its operations in 1998.
  • MoneyGram vs PayPal Customer Rating: MoneyGram holds a rating of 3, in contrast, PayPal has a rating of 3.
  • MoneyGram vs PayPal Headquarters: MoneyGram has its headquarters at Dallas, US, while PayPal is based at San Francisco (US).
  • MoneyGram vs PayPal Employee Count: MoneyGram employs 2,300 individuals, where as PayPal has a team of 320.
  • MoneyGram vs PayPal Estimated Annual Turnover: MoneyGram turnover stands at 900,000,000 USD, while PayPal boasts a turnover of 25 Billion USD.
  • MoneyGram vs PayPal Founder: MoneyGram was founded by Alex Holmes, holding the position of Chairman & CEO. On the other hand, PayPal was the brainchild of Sameera Rao, currently holding the position of VP and Head of Technology.
  • MoneyGram vs PayPal Supported Languages: MoneyGram offers support in over 1 languages. PayPal communicates in 1.

We list reviews for the best MoneyGram vs PayPal related money services below.

MoneyGram vs PayPal Alternatives Guides

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



Screenshots

MoneyGram Screenshot

MoneyGram Screenshot

PayPal Screenshot

MoneyGram Screenshot