Transferring cash instantly, easily and safely has been possible thanks to a number of money transfer services available for us to choose from. Whether it’s for paying bills, transferring money between accounts, sending money to your loved ones across the globe or for online payments, Money Transfer is very useful and convenient. Undoubtedly, it’s the easiest and fastest way to send or receive money. Another advantage would be security. Back in the day, in order to send money, you have to literally send cash through the post office which can be very risky.
But with all the different money transfer services available online and offline, which one is the best for you?
PayPal
With over 170 million users worldwide, this American company provides the simplest way to send money. All you have to do is enter the person’s email address or mobile number and they will be notified right away once the money is on its way.
This is perfect for people who work online because they can just save the funds that they receive on their account and withdraw it to their bank account whenever they want. It is available in more than 200 markets and 100 currencies.
Xoom
For international transfers, Xoom is the best option. It transfers to 50 countries and offer lower fees. You can send up to $2,999 to partnered bank accounts all over the world. However, this transfer service is only available online using your mobile, tablet or computer. If you are in the US, you can actually pay your bills through Xoom, as well as reload phones instantly.
Western Union
Western Union has the most extensive physical network in the world with over 500, 000 agent locations globally. Unlike Xoom, they accept cash for money transfers since they actually have offices with staffed agents to make your transactions. So if you are sending cash or sending money to a recipient without a bank account, this is the best option for you.
