Is OFX or Paysend cheaper?

Cost varies by corridor and amount. Compare both on the corridor page above for live rates, fees, and recipient amounts.

What's the main difference between OFX and Paysend?

OFX (Zero fee above $1k, rate margin): Australian FX specialist focused on larger transfers — no fees above $1,000. Paysend (Flat fee per transfer + small FX margin): Card-to-card global money transfer with a flat fee — established player with strong CIS and emerging-markets coverage.

Which is faster, OFX or Paysend?

Both providers offer same-day or faster options for popular corridors. Cash-pickup networks (MoneyGram, Western Union, Xoom) usually clear in minutes; bank transfers can take 1–3 business days.

Which is safer, OFX or Paysend?

Both are licensed money services businesses. OFX is regulated in Australia, USA, UK. Paysend is regulated in UK, EU, USA. As long as you transfer through their official site or app, both are safe to use.

Does OFX or Paysend offer better exchange rates?

Rate competitiveness varies. OFX markets zero fee above $1k, rate margin, while Paysend uses flat fee per transfer + small fx margin. The recipient amount is the only fair comparison — see the corridor page for live numbers.

OFX vs Paysend

Live fee, exchange rate and recipient amount comparison for USD → INR. Pros, cons and licensing in one view.

Live data temporarily unavailable for this comparison. See the corridor page for full live numbers.

Zero fee above $1k, rate margin

Australian FX specialist focused on larger transfers — no fees above $1,000.

Fee: USD 5.00
Rate: 91.7763
Speed: 1–2 days
Recipient gets: INR 91,317

Founded 1998

Sydney, Australia

Pros

No fees on transfers above $1,000 (varies by source currency)
Dedicated dealer for transfers above ~$10k
24/7 phone support

Cons

Margin on small transfers makes them uncompetitive
Slower than digital-first MTOs (1–2 business days typical)
Onboarding requires phone verification for new clients

Try OFX

Flat fee per transfer + small FX margin

Card-to-card global money transfer with a flat fee — established player with strong CIS and emerging-markets coverage.

Live data unavailable.

Founded 2017

London, UK

Pros

Card-to-card delivery (recipient gets funds on their Visa/Mastercard debit)
Flat fee scales well above $1,000 — competitive for medium amounts
Strong CIS / Eastern Europe coverage (Russia historically, Ukraine, Belarus, Georgia, Kazakhstan)

Cons

Card-to-card has higher recipient-side eligibility requirements (Visa/Mastercard debit only)
FX margin can be wider than Wise on major corridors
Customer service reviews are mixed

Try Paysend

Side-by-side comparison

Spec	OFX	Paysend
Fee model	Zero fee above $1k, rate margin	Flat fee per transfer + small FX margin
Headquarters	Sydney, Australia	London, UK
Founded	1998	2017
Status	Public (ASX: OFX)	Private (~$300M raised, Mastercard partnership)
Live USD→INR fee	USD 5.00	—
Live USD→INR rate	91.7763	—
Recipient gets (USD 1,000)	INR 91,317	—
Typical speed	1–2 days	—
Top corridors	AUD→GBP, GBP→AUD, USD→AUD	GBP→EUR, USD→PHP, EUR→GEL

User reviews

OFX

Read reviews on Trustpilot

Paysend

Read reviews on Trustpilot

We don't host our own reviews — we link to Trustpilot so the rating isn't influenced by us.

Frequently asked questions

Other comparisons

Wise vs Remitly →Wise vs Xoom →Wise vs MoneyGram →Wise vs Western Union →Remitly vs Xoom →Western Union vs MoneyGram →

Live quotes from Wise's public comparison API, updated every 5 minutes. Provider profiles are based on public information; for pricing, KYC requirements and current promotions always check the provider's official site. Methodology.