Western Union vs Xoom

Struggling to choose between Western Union and Xoom? 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, Xoom is a Online Services product tagged with remittance, international-money-transfer, paypal.

Its standout features include Send money abroad, Track transfers, Set up recurring transfers, Receive money, Mobile app, Available in many countries, and it shines with pros like Fast money transfers, Competitive exchange rates, Many payout options, Strong security measures, User-friendly interface, Good customer service.

Feature	Western Union	Xoom
Overall Score	N/A	N/A
Primary Category	Business & Commerce	Online Services

Product Overview

Western Union

Description: 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.

Xoom

Description: Xoom is a money transfer service owned by PayPal that allows users to securely and quickly send money abroad to recipients in over 130 countries. Xoom facilitates international money transfers through cash pickups, bank deposits, and home delivery.

Key Features Comparison

Western Union Features

• 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

Xoom Features

• Send money abroad
• Track transfers
• Set up recurring transfers
• Receive money
• Mobile app
• Available in many countries

Pros & Cons Analysis

Western Union

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

Xoom

Pros

• Fast money transfers
• Competitive exchange rates
• Many payout options
• Strong security measures
• User-friendly interface
• Good customer service

Cons

• High fees compared to competitors
• Account verification can take time
• Limited payment methods
• No option to cancel transfers

Pricing Comparison

Western Union

• Pay-As-You-Go

Xoom

• Subscription-Based