ForexFee

Wise vs Xoom

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

Today's verdict for USD 1,000 → INR

Xoom wins by INR 662

Xoom delivers INR 94,754, compared with Wise at INR 94,092. Verdicts can flip on different corridors and amounts — always check the live corridor page before transferring.

W
Wise

Percentage + flat

Mid-market rate with a transparent percentage fee — no hidden FX margin.

Fee
USD 11.72
Rate
95.2078
Speed
Within hours
Recipient gets
INR 94,092
Founded 2011
London, UK

Pros

  • Uses the real mid-market exchange rate
  • Transparent fee breakdown shown before you confirm
  • Multi-currency account with local bank details in 9+ regions

Cons

  • No cash pickup — bank account required on the receiving end
  • Percentage fee can add up on very large transfers
  • Some less common corridors not supported
Try Wise
X
Xoom

Flat fee + rate markup

Winner today

PayPal-owned remittance service with deep cash pickup and bank network coverage.

Fee
Free
Rate
94.7541
Speed
Minutes
Recipient gets
INR 94,754
Founded 2001
San Francisco, CA, USA

Pros

  • Backed by PayPal — login and pay with existing PayPal balance
  • Cash pickup at thousands of locations worldwide
  • Reload mobile minutes and pay bills in some destination countries

Cons

  • Fees vary widely by payment method (bank cheaper than card)
  • Exchange rate margin can be larger than dedicated MTOs like Wise
  • Limits on send amount per period
Try Xoom

Side-by-side comparison

SpecWiseXoom
Fee modelPercentage + flatFlat fee + rate markup
HeadquartersLondon, UKSan Francisco, CA, USA
Founded20112001
StatusPublic (LSE: WISE)Owned by PayPal Holdings
Live USD→INR feeUSD 11.72Free
Live USD→INR rate95.207894.7541
Recipient gets (USD 1,000)INR 94,092INR 94,754
Typical speedWithin hoursMinutes
Top corridorsUSD→INR, GBP→INR, EUR→INRUSD→INR, USD→PHP, USD→MXN

User reviews

Wise

Read reviews on Trustpilot

Xoom

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 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.