Paysend vs Xe Money Transfer
Paysend
paysend.com
Xe Money Transfer
xe.comSide by side
| Figure | Paysend | Xe Money Transfer |
|---|---|---|
| Price from | — | Free |
| Free plan | — | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | — |
| Plans published | 3 | 1 |
| Spec score · Money Transfer Apps | 8.8 (#10) | 8.6 (#13) |
| Upfront fee display | Yes | Yes |
| Founded | LinkedIn lists the company as founded in 2017. | 1993 |
| Headquarters | Edinburgh, Scotland, United Kingdom | Newmarket, Ontario, Canada |
| Mobile platforms | both | both |
| Security | Paysend’s security article says transfers follow Visa, Mastercard, China UnionPay, FCA, and PCI DSS standards. | Xe says it uses encryption, multi-factor authentication, identity verification, and fraud monitoring to protect transfers. |
| Transfer speed | instant | Transfer timing depends on currency, destination, and payment method; Xe says recipients typically receive transfers within 1 to 3 business days after Xe receives payment. |
| Transfer tracking | Customers can track transfers, and the app provides notifications when money arrives. | Customers can track transfer status and timelines in the app or online account and can ask Xe’s virtual assistant Lexi for a status update. |
Plans
Paysend
- Personal international transfer$1.99, paid once
- Enterprise Payout APIPriced on request
- International money transfersPrice not published
In their own words
Xe Money Transfer
Xe Money Transfer sends international payments for individuals and businesses to over 190 countries in more than 130 currencies. Transfers are described as instant, and the exchange rate includes a markup. Fees vary by currency, destination and payment method; applicable charges are shown before confirmation. Depending on availability, customers can pay by direct debit (ACH), wire transfer, or debit or credit card. Recipients may receive funds by bank deposit, cash pickup or mobile wallet where available. Xe is available on the web and in iOS and Android apps, which support transfers, currency conversion, live exchange rates and transfer tracking. Users can set rate alerts and schedule transfers. Online limits vary by region, and payment methods may impose additional limits. Xe may request identity documents, with requirements varying by country. Xe says it uses encryption, multi-factor authentication, identity verification and fraud monitoring, and that it is globally regulated and complies with privacy regulations including GDPR and CCPA. Support is available through the app; Xe says its support team is available 24/5.