Software Alternatives, Accelerators & Startups

Minkasu VS Xoom

Compare Minkasu VS Xoom and see what are their differences

Minkasu logo Minkasu

Minkasu enables its customers to pay securely with smartphones on any device, browser, channel, and anywhere without usernames and passwords

Xoom logo Xoom

Xoom is a money transfer service working under the supervision of the PayPal.
  • Minkasu Landing page
    Landing page //
    2023-07-30
  • Xoom Landing page
    Landing page //
    2023-02-08

Minkasu features and specs

  • Secure Transactions
    Minkasu Pay offers enhanced security features, leveraging fingerprint authentication and tokenized card numbers to ensure safe and secure transactions.
  • User Convenience
    The platform provides a seamless payment experience where users can complete transactions with minimal steps, making it highly convenient and time-efficient.
  • Merchant Integration
    Minkasu Pay offers easy integration options for merchants, allowing them to incorporate this payment solution into their existing systems without significant disruptions.
  • Fraud Prevention
    With advanced algorithms and real-time monitoring, Minkasu Pay is effective at identifying and preventing fraudulent activities.

Possible disadvantages of Minkasu

  • Limited Adoption
    As a relatively new solution, Minkasu Pay may not be widely accepted by merchants and consumers, limiting its usability.
  • Dependency on Smartphones
    The reliance on smartphone technology might exclude users who prefer traditional payment methods or those without access to compatible devices.
  • Potential Learning Curve
    Users and merchants new to digital payment solutions might encounter a learning curve, affecting initial adoption rates and user experience.
  • Market Competition
    Minkasu Pay faces strong competition from established payment platforms, which might impact its growth and market share.

Xoom features and specs

  • Speed
    Xoom offers fast money transfers, with many transactions completed within minutes, making it ideal for urgent remittances.
  • Global Reach
    Xoom supports transfers to over 130 countries, providing a wide range of destinations for users to send money.
  • Security
    Xoom uses advanced encryption and fraud prevention measures to ensure secure transactions, giving users peace of mind.
  • Convenience
    With a user-friendly interface and mobile app, Xoom makes it easy to send money and pay bills on the go.
  • Multiple Payment Options
    Xoom allows users to fund transfers using bank accounts, credit cards, and debit cards, offering flexibility in payment methods.

Possible disadvantages of Xoom

  • Exchange Rates
    Xoom's exchange rates can be less favorable compared to other transfer services, potentially resulting in higher costs for users.
  • Fees
    Xoom charges fees for transactions, which can add up and make it more expensive compared to some other money transfer services.
  • Transfer Limits
    Xoom imposes limits on the amount of money that can be sent in a single transaction and within a specified period, which may not be suitable for high-value transfers.
  • Availability
    While Xoom has a wide reach, it may not support all currency pairs or offer services in every country, potentially limiting its use for some users.
  • Account Requirements
    Users are required to create an account and provide personal information, which may be seen as a hassle or privacy concern for some individuals.

Analysis of Minkasu

Overall verdict

  • MinkasuPay can be considered a good option for those seeking a more secure and convenient payment solution, especially for mobile transactions. Its focus on reducing friction and improving security makes it a valuable tool for industries requiring stringent payment processes.

Why this product is good

  • MinkasuPay provides a seamless and secure payment experience for online transactions. It focuses on simplifying mobile and web payments by eliminating the need for passwords and one-time passwords (OTPs) using their proprietary technology. Users benefit from the enhanced security features, including biometric authentication and tokenization, which protect sensitive information.

Recommended for

  • E-commerce businesses looking to offer a seamless checkout experience
  • Users who prioritize security and dislike remembering multiple passwords
  • Companies aiming to reduce cart abandonment rates
  • Businesses concerned with complying with data security regulations

Analysis of Xoom

Overall verdict

  • Xoom is generally considered a reliable and efficient money transfer service.

Why this product is good

  • Xoom, a service owned by PayPal, is known for its speed, ease of use, and global coverage. It allows users to send money, pay bills, and reload phones across many countries. Many users praise its intuitive interface, prompt transaction times, and competitive exchange rates, which coupled with PayPal's backing, ensures security and trustworthiness.

Recommended for

  • Individuals who need to send money internationally quickly.
  • People who prefer a digital-first approach to money transfers.
  • Those who already use or are familiar with PayPal services.
  • Users looking for a convenient way to pay bills or top up mobile phones abroad.

Minkasu videos

No Minkasu videos yet. You could help us improve this page by suggesting one.

Add video

Xoom videos

Review of Xoom by Paypal | HOW TO SEND MONEY TO THE PHILIPPINES USING XOOM.COM

More videos:

  • Tutorial - How to Send Money Internationally with PayPal Xoom
  • Review - What Xoom does NOT want you to know about their business

Category Popularity

0-100% (relative to Minkasu and Xoom)
Online Payments
24 24%
76% 76
Payment Platform
30 30%
70% 70
Finance
22 22%
78% 78
Recurring Billing
100 100%
0% 0

User comments

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Social recommendations and mentions

Based on our record, Xoom seems to be more popular. It has been mentiond 8 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Minkasu mentions (0)

We have not tracked any mentions of Minkasu yet. Tracking of Minkasu recommendations started around Mar 2021.

Xoom mentions (8)

  • How to deposit $$ to NBD bank account
    You can either exchange LKR to USD and then deposit it to your PFCA account over the counter or transfer cash thru a service like xoom directly to the local account. Source: over 2 years ago
  • Բարև ժողովուրդ ջան։ I've got an off-top question
    Hello everyone, this year I decided to stop supporting the gambling hobbies of bosses of the Armenia Fund, so I want to send money to relocants from Artsakh directly by myself. Previously someone advised me to use xoom.com. What's your experience? Is it scam or not? I wanna send to different families and I have money on my PayPal. How can the receiver get the money? I've got no friends/relatives in Armenia,... Source: over 2 years ago
  • I worked for US client recently. Now I need to get money to SL. What’s the best method to get money? TIA!
    Most US clients prefer Paypal so you can try xoom.com (its a Paypal service so they can use their PayPal account to make a wire transfer to your bank account). Source: over 2 years ago
  • is it possible to send PayPal funds to my prepaid withou a bank account?
    Otherwise, you'll have to fund you're and use https://xoom.com . It's another PayPal service which allows you to do what you're saying. Source: over 2 years ago
  • How to get a free lifetime domain with eu.org
    You probably also know xoom.com and the /_xoom/ trick that disabled their ads and possibly caused their demise. Good old days searching with altavista.com using netscape browser... Source: almost 3 years ago
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What are some alternatives?

When comparing Minkasu and Xoom, you can also consider the following products

ProPay - ProPay is a multiple payment making service provider that lets its users to make payment to anyone in any part of the world.

PayPal Braintree - An all-in-one solution to accept, process, and split payments in your mobile app or online - from small business to large enterprise.

Skrill - Skrill (formerly known as Moneybookers) is the cheaper way to send and receive money worldwide.

ACE Money Transfer - ACE Money Transfer is a web-based money transfer service for sending money easily and in a hassle-free mode.

PayPal - PayPal is the faster, safer way to pay online without sharing financial details, send and receive money or accept credit and debit cards as a seller

Transfast - Transfast is one of the most reliable means for transferring money to anyone living abroad.