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

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

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

PayPal vs Monese: Quick Feature Comparison

  1. Visit PayPal 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

  2. Visit PayPal alternative Monese Visit Monese

    Used By: 2200000
    Currencies Available: 3
    Transfer Fees: none
    Payment Methods: Google pay
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: none
    Max Transfer: 50000 EUR
    Year Founded: 2015

PayPal vs Monese: Pros and Cons

PayPal vs Monese
Advantages

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

PayPal vs Monese
Disadvantages

PayPal Disadvantages Monese Disadvantages
  • PayPal has no PayPal support.
  • PayPal has no Neteller payments support.
  • PayPal has no Skrill payment support.
  • PayPal does have a mobile digital wallet like some others.
  • No home delivery with PayPal.
  • No cash pickups with PayPal.
  • No money order support with PayPal.
  • No live chat support with PayPal.
  • Monese has no PayPal option.
  • Monese has no Neteller option.
  • Monese has no Skrill option.
  • Monese has few fiat currency then some others.
  • No digital wallets with Monese.
  • No Monese home delivery.
  • No Monese Cash pickups.
  • No Monese money order option.
  • No Monese Livechat.
  • No Monese telephone customer support.

PayPal vs Monese Fees and Other Costs

Fee type PayPal Fees Monese Fees
Transfer Fees 2.9%+0.30 EUR none
Min Transfer None none
Max Transfer US$60,000.00 (varies) 50000 EUR
Payment Methods Bank transfer, P2P mobile payment Google pay
Currencies 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 GBP, EUR, RON

PayPal vs Monese Restricted Countries

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

Monese 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 vs Monese Transfer Speeds

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

PayPal vs Monese Languages

PayPal Supported Languages

All major languages

Monese Supported Languages

PayPal vs Monese Verdict - Which is better?

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

  • PayPal vs Monese Transfer Fees: Transferring money with PayPal costs 2.9%+0.30 EUR while Monese charges none.
  • PayPal vs Monese Supported Currencies: PayPal deals in over 1, where as Monese offers transactions in 1.
  • PayPal vs Monese Payment Methods: PayPal accepts Bank transfer, P2P mobile payment, while Monese allows transactions via Google pay.
  • PayPal vs Monese Transfer Limits: PayPal allows transfers between None and US$60,000.00 (varies). Monese's range is none to 50000 EUR.
  • PayPal vs Monese Minimum Age for Account Creation: PayPal requires users to be at least 18 years old, where as Monese has a minimum age requirement of 18.
  • Contact Number: You can reach PayPal at 1800 419 9833 and Monese at .
  • PayPal vs Monese Countries of Operation: PayPal operates in over 1 countries but has restrictions in over 1 countries. Monese serves 1 countries and restricts operations in 1 countries.
  • PayPal vs Monese Client Base: PayPal is used by 295,000,000, where as Monese serves 2,200,000.
  • PayPal vs Monese Year Founded: PayPal was established in 1998 and Monese began its operations in 2015.
  • PayPal vs Monese Customer Rating: PayPal holds a rating of 3, in contrast, Monese has a rating of 3.
  • PayPal vs Monese Headquarters: PayPal has its headquarters at San Francisco (US), while Monese is based at London, UK.
  • PayPal vs Monese Employee Count: PayPal employs 320 individuals, where as Monese has a team of 299.
  • PayPal vs Monese Estimated Annual Turnover: PayPal turnover stands at 25 Billion USD, while Monese boasts a turnover of 62800000.
  • PayPal vs Monese Founder: PayPal was founded by Sameera Rao, holding the position of VP and Head of Technology. On the other hand, Monese was the brainchild of Norris Koppel, currently holding the position of CEO.
  • PayPal vs Monese Supported Languages: PayPal offers support in over 1 languages. Monese communicates in 1.

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PayPal vs Monese Alternatives Guides

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Screenshots

PayPal Screenshot

PayPal Screenshot

Monese Screenshot

PayPal Screenshot