Western Union vs Remitly

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

Western Union is a Business & Commerce solution with tags like remittance, wire-transfer, money-order.

It boasts features such as Global money transfer network, Domestic and international money transfers, Agent locations for in-person transactions, Online money transfer service, Bill payment services, Mobile app for easy access, Foreign exchange services and pros including Extensive global reach with a vast network of agent locations, Reliable and secure money transfer service, Convenient options for in-person and online transactions, Ability to transfer money to a wide range of countries, Additional services like bill payments and foreign exchange.

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

Its standout features include 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 it shines with pros like Easy to use interface, Fast money transfers, Good exchange rates, Low fees, Secure platform.

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.

Western Union

Western Union

Western Union is a financial services company that specializes in money transfers and payments. It offers services for sending money domestically and internationally through its global network of agent locations and online money transfer service.

Categories:
remittance wire-transfer money-order

Western Union Features

  1. Global money transfer network
  2. Domestic and international money transfers
  3. Agent locations for in-person transactions
  4. Online money transfer service
  5. Bill payment services
  6. Mobile app for easy access
  7. Foreign exchange services

Pricing

  • Pay-As-You-Go

Pros

Extensive global reach with a vast network of agent locations

Reliable and secure money transfer service

Convenient options for in-person and online transactions

Ability to transfer money to a wide range of countries

Additional services like bill payments and foreign exchange

Cons

Relatively high fees compared to some competitors

Limited transparency on exchange rates and fees

Potential language and cultural barriers for some users

Slower transaction times compared to digital-only money transfer services


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