6 Alternatives to PayPal for Payments Abroad

1. Remitly

Remitly has a range of payment delivery options which makes it a flexible choice. If you need a payment to arrive as quickly as possible you can choose to have your recipient pick up the money in local currency at an agent near to them. You can also have the payment deposited in a bank or mobile money account - or delivered to your recipient’s home in some locations.

Payment delivery options include cash collection or delivery, bank or mobile money account deposits
Cash payments can be available very quickly
Strong security and fraud prevention measures to keep your money safe

2. Wise

Wise payments are deposited directly into your recipient’s bank account for convenience. You’ll only pay a low, transparent fee, and you’ll get currency exchange which uses the mid-market exchange rate. You can also open a multi currency account with Wise to hold and manage dozens of currencies in the same place.

Send payments all over the world with the real mid-market exchange rate and no hidden fees
Model your payment instantly online to see the fees - no markup is ever used on the exchange rate
Open an account to hold 50+ currencies, receive international payments for free and spend using a linked debit card
Customer support in a range of languages, with high grade security for payments and accounts

3. XE

XE is a giant of currency exchange. From the foreign exchange data and opinion available over on XE.com to the USD115 billion moved annually - it’s a big name. As you’d expect you can send money almost anywhere in the world with XE money transfer, and your money is covered by enterprise grade security to keep it safe.

Send payments in 139 currencies to over 220 countries and territories
Make your transfers online and in the XE app - you can also get the latest currency news while you’re there
Payments are delivered into your recipient’s bank account directly

4. OFX

OFX if you want to make a payment to be deposited in your recipient’s bank account - and you’ll fund it by bank transfer - OXF is another option. Create an account and then model your payment to get a quote covering fees and exchange rates. You can then pay by bank transfer or ACH and track your transfer as it makes its way to your recipient’s account.

Send in 50+ currencies, to 190 countries
Arrange your payments online or using the OFX app for convenience - you can even lock down the rate for future payments
Get customer support 24/7 from a trusted and regulated provider

5. WorldRemit

WorldRemit depending on where you’re sending money to, you could be able to use WorldRemit to send cash for collection, payments to bank or mobile money accounts, or even to buy airtime top up for your recipient. Arrange your payments using the WorldRemit app for the most convenient experience.

Broad range of payment delivery methods, including cash for local collection through the network of WorldRemit agents
Set up payments online or using the app for on the go transfers
Send to over 130 countries all from your WorldRemit account

6. Revolut

Revolut accounts can be used to hold, convert and send multiple currencies, including some selected cryptocurrencies. You can also access easy ways to manage your money and hit financial goals, and fee-paid accounts which have features which will suit more frequent users.

Exchange, send and receive 28 currencies, and get withdrawals from a network of 55,000 surcharge free ATMs
Choose a basic account for free, or trade up for a fee paid option with more features and perks
Fee paid accounts have higher limits and can even come with higher interest rates, airport lounge passes and travel insurance