Money transferring services are becoming more popular as technology advances. There are many options available to consumers and business owners such as Zelle, Paypal, Venmo, Cash App and Xoom. Here we will complete a Xoom review and discuss how you can transfer money with xoom.

What is Xoom?

Xoom Corporation, also Xoom is a money transferring PayPal service. It is unique in that it allows users to send money, pay bills and reload mobile phones from the US and Canada, to 131 countries.

How does it Work?

Xoom’s transfer system is similar to MoneyGram. There are 3 ways to send money:

  • Deposit to a bank account
  • Send cash for pickup
  • Have cash delivered

You can log in with your PayPal account or easily create a Xoom account, starting with your name and email address. Step 2: Simply enter how much money to send, who it’s going to, and where they’ll receive it in the United States. Step 3: Conveniently pay with your bank account, credit card, debit card, or PayPal account and you're done! Pricing is clear and up front.

Pretty easy right? Another cool option provided by Xoom is Bill Pay. As mentioned, the service is similar to MoneyGram in being able to pay your bills or someone else’s. It is also completed in 3 easy steps.

  1. Log in and choose the type of bill along with the company
  2. Key in the utility number and payment amounts
  3. Pay in seconds for low fee

One of the nice features you have is the ability to cancel payments. You have the option of canceling even after you initiated it.

What are the Limits?

Xoom has a sending limit of $10USD (U.S. dollars) and a receiving limit of $60,000.00USD in the US.

For canceling transactions paid for with a US Bank account, you have 30 minutes from authorization as long as the transfer has not been picked up, delivered, or paid. The refund will be processed within 3 business days. If it has been more than 30 minutes since authorization, Xoom will need to confirm the availability of the transferred funds. If the transfer/payment can be canceled, the refund will be processed within 3 business days. In both cases, you should expect your refund to be credited within 5-10 business days. If unable to be canceled, you will be informed via email. The same procedure applies to payments and transfers initiated with debit cards.

Who Xoom is for and how it is beneficial

Xoom is available to anyone across the globe. You can sign up for it through PayPal or directly on the Xoom website. Transfers and payments can be sent almost anywhere while Mobile Reload is limited to select countries. This is a good option for users who may not qualify to open a bank account at a financial institution. They can use this service with their PayPal account to send and receive money and to pay bills. Some notable benefits are:

  • Clear upfront pricing
  • Notification options for updates
  • 24/7 Customer Service call center
  • The reputation of PayPal behind it


Xoom employs many methods to secure users accounts in addition to preventing money laundering and fraud. Henceforth the reason for daily, monthly and quarterly limits on money that can be transferred. There are also identity verification protocols in place by Xoom.


Xoom provides an easy service with money transfers. If you are currently a user of PayPal or MoneyGram you may find this exceptional. There is a customer service center available around the clock to provide assistance. You also have security measures taken to protect you against fraud and have the ability to cancel your payments and transfers. This is available online and through a mobile app so you can use it while on the move. It’s worth attempting to transfer money with Xoom.

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About Kendall

I am a Financial Specialist with 10+ years in the industry and a sustained desire to help people manage their finances and grow their wealth. I specialize in financial literacy, planning and promote better money habits to help you become financially savvy.

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