PayPal by Xoom: Making International Money Transfers Easier
In today’s digital era, convenience in carrying out financial transactions has become a basic need for many people. One service that offers convenience in making international money transfers is PayPal by Xoom. In this article, we will discuss more about what PayPal by Xoom is, how it works, and what benefits it offers.
What is PayPal by Xoom?
PayPal by Xoom is an international money transfer service designed by the leading digital tax company in the United States, Xoom. Xoom itself was founded in 2001 by Kevin Hartz, and in 2015, this company was acquired by PayPal. Since then, Xoom has become an integral part of PayPal, and changed its name to PayPal by Xoom.
PayPal by Xoom allows users to make international money transfers easily and securely, without the need to visit a bank or post office. The service can be used via a mobile app or website, making it easily accessible to anyone with an internet connection.
How Does PayPal by Xoom Work?
The way PayPal by Xoom works is relatively simple. Here are the steps you need to take to make an international money transfer using this service:
- List : First of all, you need to register to use PayPal by Xoom. You can register via the mobile app or website. The registration process is relatively simple and only takes a few minutes.
- Add Recipient Information : After registering, you need to add recipient information, such as name, address, and telephone number.
- Select Transfer Amount : Then, you need to select the amount of money you want to transfer. You can choose from a variety of available currencies.
- Select Payment Method : After that, you need to select the desired payment method. You can use a credit card, debit card, or the balance in your PayPal account.
- Transaction Confirmation : After selecting the payment method, you need to confirm the transaction. Make sure you double check the recipient information and transfer amount before confirming.
- Transfer Complete : Once the transaction is confirmed, the money will be immediately transferred to the recipient’s account.
Benefits of Using PayPal by Xoom
Here are some of the advantages of using PayPal by Xoom:
- Easy to use : PayPal by Xoom is very easy to use, even for those unfamiliar with technology.
- Safe : PayPal by Xoom uses advanced security technology to protect your transactions.
- Fast : Transactions using PayPal by Xoom are usually completed in a short time, even within minutes.
- Cheap : Transfer fees using PayPal by Xoom are relatively cheap compared to other transfer methods.
- Accessible from Anywhere : PayPal by Xoom can be accessed from anywhere, as long as you have an internet connection.
- Can Be Used for Various Purposes : PayPal by Xoom can be used for a variety of purposes, such as sending money to family, paying bills, or making online purchases.
- Good Customer Support : PayPal by Xoom has a customer support team ready to help you if you have questions or problems.
Tips for Using PayPal by Xoom
Here are some tips for using PayPal by Xoom safely and effectively:
- Make Sure You Choose the Right Payment Method : Make sure you choose the right payment method for your transaction.
- Double Check Recipient Information : Make sure you double check the recipient information before confirming the transaction.
- Use a Secure Internet Connection : Make sure you use a secure internet connection to make transactions.
- Do Not Share Your Account Information : Do not share your account information with others to avoid fraud.
- Check Your Transaction History : Check your transaction history regularly to ensure that there are no unwanted transactions.
Conclusion
PayPal by Xoom is an international money transfer service that is easy, safe and effective. By using this service, you can make international money transfers easily and quickly, without needing to visit a bank or post office. However, make sure you use this service safely and effectively by following the tips we have provided.
