Regulated providers onlyRates updated regularlyTrusted by immigrants in Canada & USA
X
Xoom (a PayPal service)
Regulated Minutes–2 daysPart of PayPal (220M+ accounts) customersFounded 2001
Xoom is a PayPal-owned money transfer service focused on the US market. It is particularly popular among PayPal users who can fund transfers directly from their PayPal balance. Xoom supports bank deposits, cash pickup, and home delivery in select markets. Its fees are moderate — cheaper than Western Union but more expensive than Wise.
Example — CAD $500 to India
Transfer fee
CAD 6.99
Total cost
CAD 623.25
Recipient gets
₹30,197
Xoom (a PayPal service) — Key Facts
HeadquarteredSan Francisco, CA, USA
Founded2001
CustomersPart of PayPal (220M+ accounts)
Transfer feeCAD $2.99 flat + 0.80%
FX margin~2.0% above mid-market
Cash pickupYes
Min / Max transfer$10 / $50,000
RegulationLicensed money transmitter in all US states, regulated as part of PayPal Holdings
Xoom (PayPal) Pros and Cons
Pros
- Directly integrated with PayPal accounts
- Supports bank deposit, cash pickup, and home delivery
- Fast transfers (often same day)
- Backed by PayPal's security infrastructure
Cons
- 2% FX margin — more expensive than Wise
- Primarily US-focused (less available for Canadian senders)
- $50,000 maximum transfer limit
- Fees are higher than Wise and Remitly
Best for: US-based senders who already use PayPal and want a convenient, integrated transfer experience.
Frequently Asked Questions About Xoom (PayPal)
Is Xoom the same as PayPal?
Xoom is owned by PayPal but operates as a separate money transfer service. You can fund transfers from your PayPal balance, debit, or credit card. PayPal itself does not directly support international money transfers to bank accounts in most countries.
Is Xoom available in Canada?
Xoom has limited availability for Canadian senders. It is primarily designed for US senders. Canadian users should consider Wise, Remitly, or OFX instead.
Ready to send with Xoom (PayPal)?
Backed by PayPal
Compare corridors using Xoom (PayPal): Canada → India · Canada → Philippines · Canada → China · USA → Mexico