Using Xoom for Payment / Sending Money
Xoom is an online international money transfer service.
One can send their recipients money using their credit card, debit card or bank account and the recipients doesn’t need to have a bank account or internet access to receive their funds.
In the Philippines, Xoom has partnered with BDO, Metrobank, PNB, BPI, Cebuana Lhuillier, SM, Globe Gcash, MLhuillier so withdrawal is fairly easy.
You have three (3) options to CLAIM YOUR MONEY FROM XOOM:
So how much does it cost one to SEND MONEY?
It costs $4.99 if you will be sending $50 – $2,999 to the Philippines.
How about to RECEIVE MONEY?
Actually NONE but most employers are not willing to shoulder the said $4.99 so what they usually do is deduct this amount from your total payment.
PROS:
- Get your money in minutes
- Convenient
- Option to get money in peso or dollar
CONS:
- Expensive
