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Xoom ends money remittance via Paypal

In a recent announcement made last week, Xoom has finally ceased accepting Paypal-funded transactions to the Philippines.

This was made in effect last March 25, 2010. Xoom did not clarify why it has stopped supporting Paypal as source of funds for transfer.

It has, however, indicated that Xoom money transfers are still supported using a United States bank account, debit card or credit card.

Before Paypal officially supported bank withdrawals in the Philippines, Xoom was the easiest and most effective way of getting funds from Paypal accounts.

Update: According to the comments left below by Xoom CSR and the discussion in the Xoom blog, remittances to the Philippines will only be accepted by Xoom using a US-based payment source. This special treatment for Philippine transactions could be an indication that we’re categorized under “high-risk” for fraud. No big surprise there.

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Avatar for Abe Olandres

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

45 Responses

  1. Avatar for Athena Tria Athena Tria says:

    may review ba ng xoom lang? and mas mura ba talaga charges ng union sa bpi?

  2. Avatar for D Master D Master says:

    Avoid Ko-Kard !! The transfer times are 4-5 weeks at least and the customer support is non-existent if you have a genuine problem.

    make sure you read recent reviews about this company.

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  4. Avatar for Jefferson Faudan | V Jefferson Faudan | V says:

    this is actually annoying on my part since i use paypal mostly throughout all my transactions… having xoom taken off is kinda’ annoying specially when you’re running after bills… xoom can categorize sending if they are in fear of fraudulent acts by prioritizing verified paypal account users. DUH!

  5. Avatar for Ko-Kard User Ko-Kard User says:

    Check out www.ko-kard.com. They are partnered with BDO, have a re-loadable debit ATM MasterCard. I have recently found them and now issued 2 ko-kards to my family. Sending money is easy to the Philippines. Service works great for me, just wanted to pass it on.

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