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

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

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

PayPal vs TorFX: 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 TorFX Visit TorFX

    Used By: 325,000
    Currencies Available: 39
    Transfer Fees: 1.91%-2.71%
    Payment Methods: chaps, swift, bacs, debit card, cheque
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: 200 USD
    Max Transfer: none
    Year Founded: 2004

PayPal vs TorFX: Pros and Cons

PayPal vs TorFX
Advantages

PayPal Advantages TorFX 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.
  • TorFX has been in operation for over 20 years.
  • TorFX operates in numerous international countries.
  • TorFX offers an extensive range of currency options for money transfers.
  • TorFX provides phone support.
  • TorFX offers registered customers email support.
  • TorFX has a Apple iOS app on Apple app store.
  • TorFX offers a Android Google Play Store mobile app.

PayPal vs TorFX
Disadvantages

PayPal Disadvantages TorFX 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.
  • TorFX has no PayPal option.
  • TorFX has no Neteller option.
  • TorFX has no Skrill option.
  • No digital wallets with TorFX.
  • No TorFX home delivery.
  • No TorFX Cash pickups.
  • No TorFX money order option.
  • No TorFX Livechat.

PayPal vs TorFX Fees and Other Costs

Fee type PayPal Fees TorFX Fees
Transfer Fees 2.9%+0.30 EUR 1.91%-2.71%
Min Transfer None 200 USD
Max Transfer US$60,000.00 (varies) none
Payment Methods Bank transfer, P2P mobile payment chaps, swift, bacs, debit card, cheque
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 EUR, GBP, USD, CAD, AUD, NZD, JPY, ZAR, CHF, AED, BBD, BWP, BGN, CNY, HRK, CZK, DKK, XCD, FJD, HKD, HUF, INR, ILS, KES, MUR, MXN, MAD, TRY, NOK, PHP, PLN, RON, RUB, SGD, LKR, SEK, THB, TTD, UGX

PayPal vs TorFX 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

TorFX 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 TorFX Transfer Speeds

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

PayPal vs TorFX Languages

PayPal Supported Languages

All major languages

TorFX Supported Languages

PayPal vs TorFX Verdict - Which is better?

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

  • PayPal vs TorFX Transfer Fees: Transferring money with PayPal costs 2.9%+0.30 EUR while TorFX charges 1.91%-2.71%.
  • PayPal vs TorFX Supported Currencies: PayPal deals in over 1, where as TorFX offers transactions in 1.
  • PayPal vs TorFX Payment Methods: PayPal accepts Bank transfer, P2P mobile payment, while TorFX allows transactions via chaps, swift, bacs, debit card, cheque.
  • PayPal vs TorFX Transfer Limits: PayPal allows transfers between None and US$60,000.00 (varies). TorFX's range is 200 USD to none.
  • PayPal vs TorFX Minimum Age for Account Creation: PayPal requires users to be at least 18 years old, where as TorFX has a minimum age requirement of 18.
  • Contact Number: You can reach PayPal at 1800 419 9833 and TorFX at 44 (0) 1736 335 250 .
  • PayPal vs TorFX Countries of Operation: PayPal operates in over 1 countries but has restrictions in over 1 countries. TorFX serves 1 countries and restricts operations in 1 countries.
  • PayPal vs TorFX Client Base: PayPal is used by 295,000,000, where as TorFX serves 325.
  • PayPal vs TorFX Year Founded: PayPal was established in 1998 and TorFX began its operations in 2004.
  • PayPal vs TorFX Customer Rating: PayPal holds a rating of 3, in contrast, TorFX has a rating of 3.
  • PayPal vs TorFX Headquarters: PayPal has its headquarters at San Francisco (US), while TorFX is based at Cornwall, UK.
  • PayPal vs TorFX Employee Count: PayPal employs 320 individuals, where as TorFX has a team of 100.
  • PayPal vs TorFX Estimated Annual Turnover: PayPal turnover stands at 25 Billion USD, while TorFX boasts a turnover of 20,000,000,000 USD.
  • PayPal vs TorFX Founder: PayPal was founded by Sameera Rao, holding the position of VP and Head of Technology. On the other hand, TorFX was the brainchild of Jon Beddell, currently holding the position of CEO.
  • PayPal vs TorFX Supported Languages: PayPal offers support in over 1 languages. TorFX communicates in 1.

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

PayPal vs TorFX Alternatives Guides

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



Screenshots

PayPal Screenshot

PayPal Screenshot

TorFX Screenshot

PayPal Screenshot