Panda Remit vs WorldRemit
Panda Remit
pandaremit.com
WorldRemit
worldremit.comSide by side
| Figure | Panda Remit | WorldRemit |
|---|---|---|
| Price from | $6.99/mo | — |
| Free plan | Yes | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| Plans published | 4 | 0 |
| Spec score · Money Transfer Apps | 9.0 (#4) | 7.9 (#48) |
| Exchange-rate model | variable | mid_market |
| Upfront fee display | Yes | Yes |
| Headquarters | Singapore | The company page describes London as WorldRemit's headquarters; its site lists 167-169 Great Portland Street, 5th Floor, London W1W 5PF, United Kingdom. |
| Mobile platforms | both | both |
| Scheduled transfers | No | Yes |
| Support | The site lists 24/7 customer service and the email [email protected]. | WorldRemit offers 24/7 in-app customer support and lists phone support hours as Monday through Friday, 10am to 12am UTC. |
| Transfer speed | instant | Transfers usually arrive within minutes, but timing can vary with payout method, identity checks, payment authorization, third-party operating hours, and incorrect information. |
| Transfer tracking | Yes | The app lets customers track transfers and view status updates. |
Plans
Panda Remit
- Transfer fee$6.99 a month
- Free accountFree
- Australia global transferA$5.99, paid once
- United States global transfer$6.99, paid once
In their own words
Panda Remit
Panda Remit provides online international money transfers to more than 40 countries and regions, with transfers to Mainland China available from more than 30 countries and regions. It advertises real-time exchange rates and comparisons with historical bank rates; its exchange-rate model is variable. The shortest stated arrival time is 2 minutes, though reviews, available funds and account limits, bank hours, time zones, holidays, and receiving-agent hours can affect timing. Users can track funds at each stage. Payment methods depend on the sending country: Australia supports PayID, POLi, and bank transfer, while the United States supports ACH bank transfer and debit card. Recipients in Mainland China can receive Australia transfers through Alipay, Weixin, or bank accounts. The service is for transfers between individuals and does not support business-account transfers. It is available on Android, iOS, and web. A free account is listed at free. United States global transfers are listed at $6.99, paid once, and Australia global transfers at A$5.99, paid once; fees may vary by sending amount and destination.
WorldRemit
WorldRemit provides digital international money transfers through its website and Android and iOS apps. Customers can send money to over 130 countries. Depending on the countries involved, recipients can receive a bank transfer, collect cash, get mobile money, or receive an airtime top-up. Most transfers arrive within minutes, though some take longer depending on the receive method. Fees and exchange rates are shown before payment, and the total cost depends on the receiving country, payout method, and payment method. WorldRemit says it uses the mid-market exchange rate and charges no fees for airtime top-ups.
Available ways to pay vary by sending country and may include bank transfer, debit card, or credit card. The app offers transfer tracking, scheduled transfers, exchange-rate alerts, and Quick resend for favourite recipients. In-app chat support is available 24/7 in six languages. A recipient does not need a WorldRemit account, though cash pickup requires valid photo ID matching the transaction details and the transaction reference. WorldRemit says it is licensed by government regulators and checks transfers for security. The company is headquartered in London, was founded in 2010, and is part of Zepz.