OFX vs Paysend
OFX
ofx.com
Paysend
paysend.comSide by side
| Figure | OFX | Paysend |
|---|---|---|
| Price from | Free | — |
| Free plan | Yes | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | — | Yes |
| Plans published | 1 | 3 |
| Spec score · Money Transfer Apps | 8.8 (#11) | 8.8 (#10) |
| Upfront fee display | Yes | Yes |
| Headquarters | Sydney, Australia | Edinburgh, Scotland, United Kingdom |
| Mobile platforms | both | both |
| Transfer speed | 1_3_days | instant |
| Transfer tracking | Yes | Customers can track transfers, and the app provides notifications when money arrives. |
Plans
Paysend
- Personal international transfer$1.99, paid once
- Enterprise Payout APIPriced on request
- International money transfersPrice not published
In their own words
OFX
OFX provides business accounts and international payments, with web, iOS, and Android access. Its Global Business Account can be registered for free and has no minimum balance requirement. Businesses can pay, hold, and receive money in more than 30 currencies, and business payments are available in 30+ currencies to 170+ countries. CAD, USD, GBP, and EUR accounts include local bank details. OFX also offers corporate cards with spend limits and merchant-category controls; card expenses can be tracked in real time. Control Hub provides approvals, budgets, workflows, and user access rights. The service integrates directly with Xero and QuickBooks Online, and its Xero connection supports real-time, two-way synchronization. OFX lists bank transfers, a typical transfer speed of 1–3 days, an exchange-rate markup, upfront fee display, transfer tracking, and scheduled transfers. The Business App supports financial operations on the go, while the Money Transfer App provides rates, payments, and transfer tracking. OFX offers phone and email support from human specialists 24/7 and is headquartered in Sydney, Australia.