Xoom Online Payment System

I’ve known of Xoom* for a while now. But, I haven’t had the opportunity to use it until recently, as I’ve been a solid Paypal user for the last 5 years or so. And, I had never felt the need to try a different online payment system. However, Paypal doesn’t serve all countries. And, Xoom offers their service to some of those countries that aren’t reached by Paypal.

So, I ended up signing up for Xoom’s service to send money online to the Philippines. But, I believe they’re also available in other countries like Mexico, India, and Brazil, among others.

Other than its good reach in various countries, other positive things about Xoom are:

1. The sign-up process is very quick and easy.
2. Sending money is also relatively simple. However, you do need to provide full information of the recipient (legal name, address, etc).
3. You can send money using your Paypal account. Or, via credit card (Visa, Mastercard, Discovery).
4. From the recipient’s point of view, it’s good to have different options for receiving money (via cheque/cash pick-up, direct bank deposit, or cheque home delivery).
5. Recipients also don’t pay fees. And, sender’s fees are quite reasonable.

One drawback that I found with Xoom is that there’s a minimum sending amount. In the Philippines’ case, for example, you need to send a minimum of US$25. So, there was a time when I couldn’t send a couple of people some money through Xoom because I only owed them $5-10.

Since I’ve never received money through Xoom, I’m not sure what that’s like. I did read mixed reviews. But, I think they were mostly good.

I know that a few of our bloggers in b5 receive money via Xoom, and it seems to work well for them.

And, for those who might be interested in promoting Xoom, you might be interested to know that they run an affiliate programme through Commission Junction. Affiliate commission is a flat rate of $6 per new customer who signs up through your affiliate link and sends money.