Xoom vs Revolut

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

Xoom is a Online Services solution with tags like remittance, international-money-transfer, paypal.

It boasts features such as Send money abroad, Track transfers, Set up recurring transfers, Receive money, Mobile app, Available in many countries and pros including Fast money transfers, Competitive exchange rates, Many payout options, Strong security measures, User-friendly interface, Good customer service.

On the other hand, Revolut is a Online Services product tagged with banking, currency-exchange, cryptocurrency, payments, mobile-app.

Its standout features include Free international money transfers, Fee-free spending, Interbank exchange rates, Cryptocurrency exchange, Peer-to-peer payments, Virtual debit cards, Travel insurance, Stock trading, and it shines with pros like Easy to use mobile app interface, No fees for standard account, Good exchange rates, Supports many currencies, Virtual and physical debit cards, Allows cryptocurrency trading, Offers travel insurance, Provides stock trading.

Feature	Xoom	Revolut
Overall Score	N/A	N/A
Primary Category	Online Services	Online Services

Product Overview

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.

Revolut

Description: Revolut is a financial services company that offers banking, currency exchange, cryptocurrency exchange, peer-to-peer payments, and other financial services through a mobile app. It aims to provide an alternative to traditional banks by offering free international money transfers, fee-free spending, and interbank exchange rates.

Key Features Comparison

Xoom Features

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

Revolut Features

• Free international money transfers
• Fee-free spending
• Interbank exchange rates
• Cryptocurrency exchange
• Peer-to-peer payments
• Virtual debit cards
• Travel insurance
• Stock trading

Pros & Cons Analysis

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

Revolut

Pros

• Easy to use mobile app interface
• No fees for standard account
• Good exchange rates
• Supports many currencies
• Virtual and physical debit cards
• Allows cryptocurrency trading
• Offers travel insurance
• Provides stock trading

Cons

• Limited customer service
• Can freeze accounts without warning
• Not a full-service bank
• Higher fees for premium accounts
• Cryptocurrency fees can be high
• Stock trading has limited features

Pricing Comparison

Xoom

• Subscription-Based

Revolut

• Freemium
• Subscription-Based