Xoom review

Xoom is PayPal's international transfer service, and its main advantage is convenience for people who already use PayPal: you can log in with PayPal credentials and fund a transfer from your PayPal balance, a bank account, or a credit or debit card. It delivers to bank accounts, debit cards, mobile wallets including UPI and PIX, and cash pickup points, and it also reloads phones and pays bills abroad. On the Mexico route, Xoom says bank deposits are typically available within 15 minutes during bank processing hours. Xoom also states that its transfers are not subject to the 1% US remittance tax that took effect on January 1, 2026, because it does not accept cash or the affected payment methods. The catch is pricing visibility: fees vary by country and options, and Xoom also earns on the currency conversion, so you need to run the fee calculator for each transfer. We could not verify a starting fee from a public page.

Who it is for

PayPal users sending money to family abroad

Price

See vendor pricing (USD check pending).

US price check pending. See the vendor pricing page.

Key features

• Log in with your PayPal credentials and pay with PayPal, bank account, credit or debit card
• Bank deposits to Mexico typically available within 15 minutes during bank hours
• Sends to mobile wallets, UPI and PIX
• Cash pickup in Mexico at locations including Oxxo, Elektra and BanCoppel
• Phone reloads and bill payments abroad

Strengths and weaknesses

• Strength: No separate account needed if you have PayPal
• Strength: Xoom says its transfers are not subject to the 1% US remittance tax that took effect January 1, 2026
• Strength: Exact fee and receive amount shown before you send
• Weakness: Xoom also makes money when it converts your currency
• Weakness: Fees vary by country and options chosen, with no public fee table
• Weakness: Not built for holding currencies or spending abroad

Key facts

• Owner: PayPal
• Fees: Shown before you send
• Mexico bank deposit: Typically within 15 minutes
• Delivery options: Bank, debit card, mobile wallet, cash pickup
• Since: 2001

Where it ranks

Xoom is No. 7 in our Best Currency Exchange Apps verdict.