Worldremit vs Remitly

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

Worldremit 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 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 pros including Fast money transfers, Convenient online and mobile interface, Lower fees than competitors, Good exchange rates, Wide recipient network.

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.

Feature	Worldremit	Remitly
Overall Score	N/A	N/A
Primary Category	Online Services	Online Services

Product Overview

Worldremit

Description: 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.

Remitly

Description: 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.

Key Features Comparison

Worldremit Features

• 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

Remitly Features

• 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

Pros & Cons Analysis

Worldremit

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

Remitly

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

Pricing Comparison

Worldremit

• Freemium

Remitly

• Freemium