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

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

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

Xoom vs Payoneer: Quick Feature Comparison

  1. Visit Xoom 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

  2. Visit Xoom alternative Payoneer Visit Payoneer

    Used By: 4000000
    Currencies Available: 7
    Transfer Fees: 0.50%
    Payment Methods: ACH Bank Debit, local bank transfer and credit/debit card payment
    iOS App : yes, Android App : yes

    LiveChat: yes
    Min Transfer: 50 USD
    Max Transfer: 5000 USD
    Year Founded: 2005

Xoom vs Payoneer: Pros and Cons

Xoom vs Payoneer
Advantages

Xoom Advantages Payoneer Advantages
  • Xoom has been serving clients for over 23 years
  • Xoom is available internationally.
  • Xoom provides home money transfer deliver for some customers.
  • Xoom supports money transfer cash pickups.
  • Xoom provides phone customer support.
  • Xoom provides email customer support.
  • Xoom is available to iOS Apple device users.
  • Xoom is available to Android mobile device users.
  • Payoneer has been in operation for over 19 years.
  • Payoneer operates in numerous international countries.
  • Payoneer offers an extensive range of currency options for money transfers.
  • Payoneer provides phone support.
  • Payoneer offers registered customers email support.
  • Payoneer has a Apple iOS app on Apple app store.
  • Payoneer offers a Android Google Play Store mobile app.

Xoom vs Payoneer
Disadvantages

Xoom Disadvantages Payoneer Disadvantages
  • Xoom has no Neteller payments support.
  • Xoom has no Skrill payment support.
  • Xoom does not have as many fiat currency transfer options as some other providers.
  • Xoom does have a mobile digital wallet like some others.
  • No money order support with Xoom.
  • No live chat support with Xoom.
  • Payoneer has no PayPal option.
  • Payoneer has no Neteller option.
  • Payoneer has no Skrill option.
  • No digital wallets with Payoneer.
  • No Payoneer home delivery.
  • No Payoneer Cash pickups.
  • No Payoneer money order option.
  • No Payoneer Livechat.

Xoom vs Payoneer Fees and Other Costs

Fee type Xoom Fees Payoneer Fees
Transfer Fees 0$-40$ 0.50%
Min Transfer US$10.00 50 USD
Max Transfer 2999 USD/day, 6000 USD/month, 9999 USD/3 months 5000 USD
Payment Methods Bank transfer, debit/credit card, PayPal balance ACH Bank Debit, local bank transfer and credit/debit card payment
Currencies EUR, GBP, USD, CAD USD, EUR, GBP, CAD, AUD, JPY, CNH

Xoom vs Payoneer Restricted Countries

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

Payoneer 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

Xoom vs Payoneer Transfer Speeds

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

Xoom vs Payoneer Languages

Xoom Supported Languages

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

Payoneer Supported Languages

Xoom vs Payoneer Verdict - Which is better?

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

  • Xoom vs Payoneer Transfer Fees: Transferring money with Xoom costs 0$-40$ while Payoneer charges 0.50%.
  • Xoom vs Payoneer Supported Currencies: Xoom deals in over 1, where as Payoneer offers transactions in 1.
  • Xoom vs Payoneer Payment Methods: Xoom accepts Bank transfer, debit/credit card, PayPal balance, while Payoneer allows transactions via ACH Bank Debit, local bank transfer and credit/debit card payment.
  • Xoom vs Payoneer Transfer Limits: Xoom allows transfers between US$10.00 and 2999 USD/day, 6000 USD/month, 9999 USD/3 months. Payoneer's range is 50 USD to 5000 USD.
  • Xoom vs Payoneer Minimum Age for Account Creation: Xoom requires users to be at least 18 years old, where as Payoneer has a minimum age requirement of 18.
  • Contact Number: You can reach Xoom at +441392694030 and Payoneer at +1 800-251-2521.
  • Xoom vs Payoneer Countries of Operation: Xoom operates in over 1 countries but has restrictions in over 1 countries. Payoneer serves 1 countries and restricts operations in 1 countries.
  • Xoom vs Payoneer Client Base: Xoom is used by 250,000,000, where as Payoneer serves 4,000,000.
  • Xoom vs Payoneer Year Founded: Xoom was established in 2001 and Payoneer began its operations in 2005.
  • Xoom vs Payoneer Customer Rating: Xoom holds a rating of 3, in contrast, Payoneer has a rating of 3.
  • Xoom vs Payoneer Headquarters: Xoom has its headquarters at San Francisco, US, while Payoneer is based at New York (US).
  • Xoom vs Payoneer Employee Count: Xoom employs 4,422 individuals, where as Payoneer has a team of 2.
  • Xoom vs Payoneer Estimated Annual Turnover: Xoom turnover stands at 500000000, while Payoneer boasts a turnover of 110900000.
  • Xoom vs Payoneer Founder: Xoom was founded by Jennifer Wong, holding the position of MTS1 Software Engineer. On the other hand, Payoneer was the brainchild of Charles Rosenblatt, currently holding the position of Chief Strategy Officer.
  • Xoom vs Payoneer Supported Languages: Xoom offers support in over 1 languages. Payoneer communicates in 1.

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Xoom vs Payoneer Alternatives Guides

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Screenshots

Xoom Screenshot

Xoom Screenshot

Payoneer Screenshot

Xoom Screenshot