Xe vs Xoom

Updated November 2026 · AppBreakup editorial

Well-known currency converter that also offers international money transfers to bank accounts, wallets and cash pickup.

Free plan + paid

Visit Xe Xe profile

Xoom

PayPal's international money transfer service for bank deposits, cash pickup and mobile wallets

Paid

Visit Xoom Xoom profile

The short answer

Xe suits people moving larger sums between bank accounts who also want a free currency converter and rate alerts. Xoom suits PayPal users sending money home, especially to mobile wallets, UPI, PIX or cash pickup. The biggest difference is funding and payout: Xoom can be paid straight from a PayPal balance and reaches more instant payment systems, while Xe is built around bank-to-bank transfers.

Xe or Xoom: our take

Both are international money transfer services from large payments companies: Xe is owned by Euronet Worldwide and Xoom by PayPal. Neither charges a subscription. Each makes its money from a transfer fee plus a margin on the exchange rate, so the amount the recipient gets matters more than the headline fee. Xe advertises transfer fees from $0, and Xoom lists $0 transfer fees to India on eligible transactions, but in both cases the rate margin is still part of the cost. Card-funded transfers cost more than bank-funded ones on both services.

Xe started as a currency converter, and its free converter, live charts and rate alerts are still a reason many people use it. Its transfer service delivers to bank accounts, mobile wallets and cash pickup, with more than 500,000 cash pickup locations, and it is regulated by bodies including the FCA, FinCEN, FINTRAC and ASIC. It is set up for larger amounts: US customers can send up to $535,000 USD per transfer online, and there are business accounts for recurring payments. The downside is that bank transfers can take up to three business days.

Xoom is aimed at remittances to family and friends. Besides bank deposits and cash pickup, it pays out to debit cards, mobile wallets and instant systems such as UPI in India and PIX in Brazil, with home delivery in some countries. It can also top up prepaid phones and pay some bills abroad. Funding a transfer from a PayPal balance is the main convenience for existing PayPal users, and the fee and receive amount are shown before you confirm. Fees, limits and speeds vary a lot by country and payout method.

Pick Xe for larger bank-to-bank transfers, business payments, or if you already watch rates with its converter and alerts. Pick Xoom if you use PayPal and regularly send smaller amounts home to a wallet, UPI, PIX or a cash pickup point. For any single transfer, compare the final receive amount on both before sending.

Choose Xe if…

People sending larger sums abroad who also want a trusted currency converter and rate alerts
You want a free option (Xoom is paid only)
Free currency converter, charts and rate alerts
Bank, mobile wallet and cash pickup delivery

Choose Xoom if…

PayPal users sending money home to bank accounts, wallets or cash pickup points
Pays out to banks, debit cards, mobile wallets, UPI, PIX and cash pickup
Can be funded straight from a PayPal account

What is Xe?

Xe started as a popular online currency converter and is now also a money transfer service owned by Euronet Worldwide. The free converter, live rate charts and rate alerts remain widely used by travellers and businesses. Its transfer service lets you send money to bank accounts, mobile wallets and cash pickup points in well over a hundred countries, paying by bank debit, wire or card; card payments are faster but cost more. It's licensed by regulators in the UK, US, Canada and Australia, among others, and offers business accounts for larger and recurring payments. There's no subscription: the cost of a transfer is built into the fee and the exchange rate, and it's often competitive for larger sums. It suits people moving larger amounts between bank accounts or who already use Xe's rates, and those who want cash pickup too. It runs on the web and in iPhone and Android apps, with biometric login and transfer tracking.

What is Xoom?

Xoom is PayPal's remittance service for sending money to family and friends abroad. From the website or the iOS and Android apps, senders can pay into a recipient's bank account or debit card, push money to mobile wallets and instant payment systems such as UPI in India and PIX in Brazil, or send cash for pickup at partner locations, with home delivery in some countries. It can also top up prepaid phones and pay some bills abroad. Transfers are funded with a PayPal balance, a bank account or a card, which makes it a natural choice for people who already use PayPal. Xoom shows the fee and the amount the recipient gets before you confirm, but like most remittance services it also earns money on the exchange rate, so the real cost is the fee plus the rate margin. Fees and delivery speed vary by country, payment method and payout option, and some popular corridors, such as the US to Mexico, run promotions with no transfer fee on eligible transfers.

Side by side

Attribute	Xe	Xoom
Pricing	Free plan + paid	Paid
Open source	No	No
Self-hostable	No	No
Platforms	Web, iOS, Android	Web, iOS, Android
Best for	People sending larger sums abroad who also want a trusted currency converter and rate alerts	PayPal users sending money home to bank accounts, wallets or cash pickup points
Status	Active	Active

Verified facts, compared

Facts both apps publish, checked on each vendor's own site.

Fact	Xe	Xoom
Owner	Euronet Worldwide	PayPal

Xe vs Xoom pricing

Xe: free plan + paid

Starting price: Transfer fees from $0 source

Xe pricing page

Xoom: paid

We couldn't verify Xoom's plan details on its own site yet, so we don't list them.

Xoom pricing page

Platforms

Platform	Xe	Xoom
Web
iOS
Android

Xe facts

8 of 8 verified

Cash pickup: 500,000+ locations; Checked Nov 8, 2026xe.com(opens source in a new tab); “Cash Pickup Your recipient can receive their cash in person, at over 500,000 Xe cash pickup locations worldwide.”
Regulators: FCA, FinCEN, FINTRAC, ASIC and more; Checked Nov 8, 2026xe.com(opens source in a new tab); “Regulated for your protection Licensed by the FCA, FinCEN, FINTRAC, ASIC, and more—so your money and data stay safe wherever you send.”
Bank account payment: No additional fee; Checked Nov 8, 2026xe.com(opens source in a new tab); “This typically takes up to 3 business days and has no additional fees.”
Rate alerts: Yes; Checked Nov 8, 2026xe.com(opens source in a new tab); “Set up rate alerts and get notified when your desired exchange rate is reached, helping you make the most out of every transfer.”
US online transfer limit: $535,000 USD per transfer; Checked Nov 8, 2026xe.com(opens source in a new tab); “United States (US): $535,000 USD”
Owner: Euronet Worldwide; Checked Nov 8, 2026xe.com(opens source in a new tab); “We are part of Euronet Worldwide (NASDAQ: EEFT), a multibillion-dollar global payments company.”
Starting price: Transfer fees from $0; Checked Nov 8, 2026xe.com(opens source in a new tab); “low fees starting at $0.”
Card payment: Small additional fee; Checked Nov 8, 2026xe.com(opens source in a new tab); “However, card payments come with a small additional fee.”

Xoom facts

6 of 6 verified

Owner: PayPal; Checked Nov 8, 2026xoom.com(opens source in a new tab); “The power of PayPal at the speed of Xoom Xoom is a PayPal service.”
In service since: 2001; Checked Nov 8, 2026xoom.com(opens source in a new tab); “Get Help Trusted by millions Since 2001, millions of customers have relied on Xoom to send money around the world.”
Payout options: Bank, wallet, UPI, PIX, cash pickup; Checked Nov 8, 2026xoom.com(opens source in a new tab); “Send to mobile wallets, UPI, and PIX”
Cash pickup and delivery: Yes; Checked Nov 8, 2026xoom.com(opens source in a new tab); “Send cash for pickup and delivery”
Transfer fee to India: $0 on eligible transactions; Checked Nov 8, 2026xoom.com(opens source in a new tab); “$0 Xoom transfer fees on eligible transactions”
Exchange-rate margin: Yes, on top of transfer fees; Checked Nov 8, 2026xoom.com(opens source in a new tab); “In addition to transaction fees, Xoom makes money when it changes your send currency into a different currency.”

Pros and cons of Xe

Free currency converter, charts and rate alerts
Bank, mobile wallet and cash pickup delivery
Regulated in many countries and part of Euronet
Card payments add an extra fee
Exchange-rate margin makes the true cost less obvious than Wise's
Bank transfers can take up to three business days

More Xe alternatives

Pros and cons of Xoom

Pays out to banks, debit cards, mobile wallets, UPI, PIX and cash pickup
Can be funded straight from a PayPal account
Fee and receive amount shown before you send
Phone top-ups and bill payments abroad in the same app
Earns a margin on the exchange rate on top of the fee
Card-funded transfers usually cost more than bank-funded ones
Fees, limits and speeds vary a lot by country

More Xoom alternatives

Other apps to consider

Remitly
Instead of Xe
Fast app-based remittances with strong coverage for mobile wallets and cash pickup.
MoneyGram
Instead of Xe
Lets senders pay in cash at nearly 500,000 retail locations.
Wise
Instead of Xe
Uses the mid-market rate with an upfront fee, so costs are easy to compare.
PayPal
Instead of Xoom
Xoom's parent; sending money abroad straight from a PayPal balance skips a second account, though fees and rates differ.
Instarem
Instead of Xoom
Rewards points on every transfer and competitive bank-deposit rates to India.

Xe vs Xoom: common questions

Is Xe better than Xoom?

Is Xe free?

Xe has a free plan, with paid plans for more features. See its verified pricing facts above for current limits.

Is Xoom free?

No. Xoom is paid, though it may offer a trial.

Is Xe or Xoom open source?

Neither is open source.

Which platforms do Xe and Xoom support?

Xe: Web, iOS and Android. Xoom: Web, iOS and Android.