Skrill vs Xoom: What are the differences?

## Key Differences Between Skrill and Xoom 

Skirll is an e-commerce payment system that allows money transfers and payments to be made through the internet, while Xoom is a digital money transfer service that enables users to send money quickly and securely online. 

1. **Fees and Exchange Rates**: Skrill tends to have higher fees compared to Xoom, especially for international money transfers. Additionally, Skrill's exchange rates may not be as favorable as those offered by Xoom, resulting in additional costs for the users.

2. **Transfer Speed**: Xoom generally provides faster transfer speeds compared to Skrill. Xoom's transactions are usually completed within minutes to a few hours, making it a more convenient option for individuals who require swift money transfers.

3. **Recipient Options**: Skrill offers a wider range of recipient options beyond just bank accounts, including digital wallets and prepaid cards. In contrast, Xoom primarily focuses on direct transfers to bank accounts, limiting the versatility of the service.

4. **Customer Support**: Xoom is known for its responsive customer support, offering assistance through various channels like phone, email, and live chat. On the other hand, Skrill's customer support may not be as robust or readily available, potentially leading to delays in issue resolution.

5. **Supported Countries**: Xoom has a broader reach in terms of supported countries for money transfers compared to Skrill. This means that Xoom users can send money to a more extensive network of countries and regions, providing greater flexibility and accessibility.

In Summary, when comparing Skrill and Xoom, users should consider factors such as fees, transfer speeds, recipient options, customer support, and supported countries to make an informed decision based on their specific needs and preferences.