Remitly vs Worldremit

Struggling to choose between Remitly and Worldremit? Both products offer unique advantages, making it a tough decision.

Remitly is a Online Services solution with tags like remittance, international-money-transfer, mobile-money-transfer.

It boasts features such as Send money abroad to over 50 countries, Low fees compared to traditional wire transfers, Mobile app and web interface, Receive and send money in local currencies, Track money transfers in real-time, Scheduled and recurring transfers and pros including Easy to use interface, Fast money transfers, Good exchange rates, Low fees, Secure platform.

On the other hand, Worldremit is a Online Services product tagged with remittance, international-money-transfer, mobile-money-transfer.

Its standout features include Send money abroad to over 150 countries, Variety of payout options - bank deposit, cash pickup, mobile money, Low fees compared to traditional money transfer companies, Competitive exchange rates, Mobile app for sending money on-the-go, Referral program to earn credit, 24/7 customer service, and it shines with pros like Fast money transfers, Convenient online and mobile interface, Lower fees than competitors, Good exchange rates, Wide recipient network.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Remitly

Remitly

Remitly is a financial services company that focuses on providing international money transfer services. Its online platform and mobile apps allow users to safely and easily send money abroad with transparent fees and exchange rates.

Categories:
remittance international-money-transfer mobile-money-transfer

Remitly Features

  1. Send money abroad to over 50 countries
  2. Low fees compared to traditional wire transfers
  3. Mobile app and web interface
  4. Receive and send money in local currencies
  5. Track money transfers in real-time
  6. Scheduled and recurring transfers

Pricing

  • Freemium

Pros

Easy to use interface

Fast money transfers

Good exchange rates

Low fees

Secure platform

Cons

Limited country availability

ID verification can be strict

Customer support lacks phone option

Fee for receiving money


Worldremit

Worldremit

WorldRemit is an online money transfer service that allows users to send money abroad conveniently and securely. It offers competitive exchange rates and low fees compared to traditional money transfer companies.

Categories:
remittance international-money-transfer mobile-money-transfer

Worldremit Features

  1. Send money abroad to over 150 countries
  2. Variety of payout options - bank deposit, cash pickup, mobile money
  3. Low fees compared to traditional money transfer companies
  4. Competitive exchange rates
  5. Mobile app for sending money on-the-go
  6. Referral program to earn credit
  7. 24/7 customer service

Pricing

  • Freemium

Pros

Fast money transfers

Convenient online and mobile interface

Lower fees than competitors

Good exchange rates

Wide recipient network

Cons

Transaction limits for new users

Limited payment options

ID verification can take time

High fees for some payout options

No domestic money transfers