October 16, 2021

Xoom: Best Way to Send Money Overseas

Xoom is owned by Paypal and regulated in the United States lets users send money internationally, pay their bills, and top prepaid or other such payments. It is considered the safe and secure way to move your money in more than 158 countries across the globe, including Germany, UK, Italy, India, Pakistan, Mexico, Argentina, and the Philippines. This blog will cover all the significant features of Xoom and why Xoom is a great option to transfer money internationally. But along with these, we also discuss many other things that you need to consider while transferring money overseas with Xoom. 

What is Xoom and how does it work?

Xoom allows you to send money to friends and family around the world. However, to utilize Xoom for sending or receiving money, you must sign in for a Xoom account. There are a variety of methods to transfer the money that you transfer using Xoom. This is contingent on the country you’re sending money, but generally speaking, Xoom allows users to get money using the following options: 

  • Debit card deposit
  • Bank deposit
  • Cash pickup
  • Door-to-door delivery
  • They don’t need or download the application

How to send money using Xoom?

By following the below-mentioned steps, you transfer money through Xoom:

  • Open the official site of Xoom.com.
  • Sign up for a free account
  • Then Select the option of money transfer available in the middle of the web page.
  • Here enter the recipient’s name and country. Enter the amount of the money and the method to send money bank deposit, cash pickup, or door to door delivery 
  • Provide all the recipient’s information- such as his/her name, address, bank name, and account number.
  • Enter the details of the payment. You can choose to pay from your checking account, debit or credit card. 
  • At last, check all the details and confirm this transfer. 

So it is simple to send money from Xoom. But remember that you should have a Xoom account to quickly send money to family or friends using your mobile phone, computer, or tablet. It is quite safe to transfer money via Xoom, and the recipient can receive the transfer in the local currency or U.S. dollars. 

What are the benefits of Xoom?

The main advantage of using Xoom is its instant speed and fee. The company claims to have cheaper rates for international money transfers as compared to Western Union and MoneyGram. Xoom earns its income by charging transaction fees and foreign exchange charges when the money is sent in a foreign currency other than U.S. dollars.

Moreover, the money transfers on Xoom are highly secure. Xoom claims it employs 128-bit encryption for data security to ensure that all data is encrypted between the customer’s browser and its website.9 The company is accredited and certified by privacy groups of third parties and is monitored by federal and state U.S. government agencies.

Xoom also provides a money-back assurance. If for any reason, your payment is not accepted by your intended recipient, it will reimburse you in total. 

Following are the advantages of the Xoom:

Instant Speed: One of the main benefits of using Xoom compared to other payment applications is that transactions happen fast, generally within minutes. The time frame of the transfer is contingent on the payment method you use and the delivery method you select.

Only one side login: The majority of digital payment applications require both the user and the sender to sign up for the app. However, with Xoom, it’s not the situation. It’s possible to transfer the money to anyone, regardless of whether they have a Xoom account or not.

Low Fees: If you use the debit card, credit card, and a PayPal balance as alternative payment methods, a transfer through Xoom can be made quickly — or even within several minutes. However, it can be expensive, particularly in the case of credit cards. Some destinations may need more time for transfers regardless of the above methods of funding. A bank account can slow the process of transferring money and could take several days to complete your transfer. It’s important to keep in mind that bigger money transfers could also take longer than smaller transfers of money.

Highly Secure way for international transactions: Another advantage of using Xoom is that this money transfer application lets you transfer and fund currencies in many different methods. If you’re using any personal finance or payment application, security is a crucial factor to take into. Xoom utilizes 128-bit encryption for data security to ensure your data is secure. You can be secure that your financial and personal information is secure. The low transfer limit of Xoom lets you transfer only $10. 

What is the Xoom money transfer fee?

Xoom’s service charges for sending money overseas depending on the country you are transferring money to and the method you are using. For instance, if you are using a U.S. bank account to transfer money, you will pay the lowest fee. However, remember this transaction may take up to 4 business days. 

On the contrary, if you pay money through Xoom with a credit or debit card, the fee charged is higher, but the transaction process is faster. When you send money on the screen, you can see the fee and exchange rate calculator, which helps you figure out the total price of the transfer and the amount that the receiver will get.

How to cancel a Xoom transaction?

Many customers want to know how to cancel my Xoom transaction. And  Is it even possible to do so? Well, if you wonder about the same, how to cancel the Xoom transactions. You must know that cancelling transactions is possible that there are certain conditions for this. 

Customers often complain that I can’t see the cancel transaction link, so what is the reason behind it? This is because the transaction has already been processed to the recipient. In simple words, you can not cancel the transaction once it is successfully transferred. However, if the transaction is still is pending, then you cancel it with the help of the following steps:

  • Visit Xoom.com and login for your account 
  • Open your track transaction page
  • Go to the transaction history under My Transaction
  • Select the transaction that you wish to cancel 
  • Hit the Cancel button.

How do I transfer money to India from Xoom?

It is essential to follow these 3 easy steps to Xoom money transfer into India:

Step 1: You’ll be able to log in using credentials from your PayPal credentials or establish a Xoom account beginning with your email address and name.

Step 2: Enter the amount of money you want to transfer to the recipient and the location they’ll receive in India.

Step 3: Pay using PayPal or a bank account debit card, and you’re done.

How long will Xoom take to process a refund?

The Xoom takes around 4 business days to refund when you request to cancel the transfer as long as the funds have not already been picked up or deposited into the recipient’s account. On Xoom, you cancel your transaction for a full refund within 30 minutes of authorizing your transaction. After 30 minutes, you will not be able to get a refund or cancel the payment. 

If you wait longer than 30 minutes to cancel your transaction, we usually don’t offer refunds. However, we might do so in some limited situations. In some instances, we might have made an irrevocable request for money by your bank before receiving your request to cancel. In these instances, the Payment Instrument could be charged even if you cancel your transaction; however, usually, you will get your Zoom within 4 days. 


To conclude you’re looking to transfer money to family and friends around the world, Xoom can be an inexpensive alternative to other payment services. It also guarantees customer security and offers a money-back assurance. We hope now you have learnt about all the features of the Xoom. 

Leave a Reply

Your email address will not be published. Required fields are marked *