Wise vs Xoom - Who is better? [UPDATED 2024]

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

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

Wise vs Xoom: Quick Feature Comparison

  1. Visit Wise alternative Wise Visit Wise

    Used By: 11000000
    Currencies Available: 54
    Transfer Fees: 0.5%-1%
    Payment Methods: Bank transfer, debit card, credit card, SOFORT transfer
    iOS App : yes, Android App : yes

    LiveChat:
    Min Transfer: US$1.00
    Max Transfer: US$1,000,000 (varies based on currency)
    Year Founded: 2011

  2. Visit Wise alternative Xoom Visit Xoom

    Used By: 250000000
    Currencies Available: 4
    Transfer Fees: 0$-40$
    Payment Methods: Bank transfer, debit/credit card, PayPal balance
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: US$10.00
    Max Transfer: 2999 USD/day, 6000 USD/month, 9999 USD/3 months
    Year Founded: 2001

Wise vs Xoom: Pros and Cons

Wise vs Xoom
Advantages

Wise Advantages Xoom Advantages
  • Wise has been serving clients for over 13 years
  • Wise is well rated among clients.
  • Wise is available internationally.
  • Wise has multiple currency options.
  • Wise provides phone customer support.
  • Wise provides email customer support.
  • Wise is available to iOS Apple device users.
  • Wise is available to Android mobile device users.
  • Xoom has been in operation for over 23 years.
  • Xoom boasts a high rating for sending money.
  • Xoom operates in numerous international countries.
  • Xoom offers home delivery services for money transfers.
  • Xoom allows cash pickups for money transfers.
  • Xoom provides phone support.
  • Xoom offers registered customers email support.
  • Xoom has a Apple iOS app on Apple app store.
  • Xoom offers a Android Google Play Store mobile app.

Wise vs Xoom
Disadvantages

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

Wise vs Xoom Fees and Other Costs

Fee type Wise Fees Xoom Fees
Transfer Fees 0.5%-1% 0$-40$
Min Transfer US$1.00 US$10.00
Max Transfer US$1,000,000 (varies based on currency) 2999 USD/day, 6000 USD/month, 9999 USD/3 months
Payment Methods Bank transfer, debit card, credit card, SOFORT transfer Bank transfer, debit/credit card, PayPal balance
Currencies AED, AUD, BGN, BRL, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HRK, HUF, IDR, INR, JPY, MYR, NOK, NZD, PLN, RON, TRY, SEK, SGD, USD, ARS, BDT, BWP, CLP, CNY, COP, CRC, EGP, GEL, GHS, ILS, KES, KRW, LKR, MAD, MXN, NGN, NPR, PHP, PKR, RUB, THB, UAH, UGX, UYU, VND, XOF, ZAR, ZMW EUR, GBP, USD, CAD

Wise vs Xoom Restricted Countries

Wise Country Restrictions

North Korea

Xoom 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

Wise vs Xoom Transfer Speeds

Transfer Speed Wise Xoom
Account Opening 1-3 days 1-3 days
Money Transfer Speed 1-10 days 1-10 days

Wise vs Xoom Languages

Wise Supported Languages

English, French, German, Hungarian, Japanese, Polish, Portugese, Romanian, Russian, Spanish, Turkish

Xoom Supported Languages

English, Spanish, French, German, Hungarian, Italian, Korean, Polish, Portuguese, Romanian, Russian, Chinese, Vietnamese, Dutch

Wise vs Xoom Verdict - Which is better?

Which is best out of Wise and Xoom depends on your needs.

  • Wise vs Xoom Transfer Fees: Transferring money with Wise costs 0.5%-1% while Xoom charges 0$-40$.
  • Wise vs Xoom Supported Currencies: Wise deals in over 1, where as Xoom offers transactions in 1.
  • Wise vs Xoom Payment Methods: Wise accepts Bank transfer, debit card, credit card, SOFORT transfer, while Xoom allows transactions via Bank transfer, debit/credit card, PayPal balance.
  • Wise vs Xoom Transfer Limits: Wise allows transfers between US$1.00 and US$1,000,000 (varies based on currency). Xoom's range is US$10.00 to 2999 USD/day, 6000 USD/month, 9999 USD/3 months.
  • Wise vs Xoom Minimum Age for Account Creation: Wise requires users to be at least 18 years old, where as Xoom has a minimum age requirement of 18.
  • Contact Number: You can reach Wise at 44 20 7033 0296 and Xoom at +441392694030.
  • Wise vs Xoom Countries of Operation: Wise operates in over 1 countries but has restrictions in over 1 countries. Xoom serves 1 countries and restricts operations in 1 countries.
  • Wise vs Xoom Client Base: Wise is used by 11,000,000, where as Xoom serves 250,000,000.
  • Wise vs Xoom Year Founded: Wise was established in 2011 and Xoom began its operations in 2001.
  • Wise vs Xoom Customer Rating: Wise holds a rating of 4, in contrast, Xoom has a rating of 3.
  • Wise vs Xoom Headquarters: Wise has its headquarters at London, UK, while Xoom is based at San Francisco, US.
  • Wise vs Xoom Employee Count: Wise employs 2,243 individuals, where as Xoom has a team of 4,422.
  • Wise vs Xoom Estimated Annual Turnover: Wise turnover stands at 27000000, while Xoom boasts a turnover of 500000000.
  • Wise vs Xoom Founder: Wise was founded by Venkatesh Saha, holding the position of CEO. On the other hand, Xoom was the brainchild of Jennifer Wong, currently holding the position of MTS1 Software Engineer.
  • Wise vs Xoom Supported Languages: Wise offers support in over 1 languages. Xoom communicates in 1.

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Wise vs Xoom Alternatives Guides

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



Screenshots

Wise Screenshot

Wise Screenshot

Xoom Screenshot

Wise Screenshot