Software Alternatives, Accelerators & Startups

Remitbee VS Parallax

Compare Remitbee VS Parallax and see what are their differences

Remitbee logo Remitbee

RemitBee is a worldwide money transfer and mobile money company specialized in online money transfer. Its a convenient and user friendly service in which customers can send money online using their web browsers, tablets and mobile phones.

Parallax logo Parallax

Receive money as if you were abroad. Save big with best rates and lowest fees. Withdraw instantly.
  • Remitbee Landing page
    Landing page //
    2023-09-25

Remitbee online money transfer is one of the most reputable leading money transfer companies in Canada. Why do so many people trust us? Because we offer a fast and reliable way to transfer money from Canada to over 45 countries, including India, Sri Lanka, and the Philippines. Plus, our services are completely free if you transfer more than CAD 500!

You can download Remitbee’s Money Transfer app on Google Play or Apple App stores. Once downloaded, you can immediately start using it to send money to India.

At Remitbee, we know how important it is that you can send your hard-earned money back to your loved ones at home. That’s why we continuously innovate and collaborate to ensure our services always provide a comfortable, safe and secure online money transfer.

● Remitbee partners with trusted financial organizations like Punjab National Bank, Sacombank and the Nations Trust Bank to transfer money safely to your loved ones. ● Remitbee is BBB Business Accredited, McAfee Secure and uses Microsoft Azure to ensure a secure transfer of funds. ● Payments are private and secure with 256-bit SSL encryption. ● Furthermore, we promise you a 100% Money Back Guarantee with your first transfer for free, if you face any challenges using our services as a customer. ● In 2018, Remitbee was rated ‘Excellent’ by Trustpilot, an independent website which publishes reviews for online businesses.

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Remitbee features and specs

  • Low Fees
    Remitbee generally offers competitive and low transaction fees compared to traditional banks and other money transfer services, making it cost-effective for users.
  • Favorable Exchange Rates
    The platform provides good exchange rates, ensuring that users get more value for their money when sending or receiving funds internationally.
  • Fast Transfer Times
    Remitbee is known for its quick processing times, with transfers often completed within a few hours or up to a day, enhancing user experience.
  • User-Friendly Platform
    The website and mobile app are designed to be intuitive and easy to navigate, ensuring a hassle-free experience for users whether they are savvy or new to online transfers.
  • Strong Security Measures
    Remitbee employs robust security protocols to protect user data and transactions, providing peace of mind to its customers.
  • No Hidden Charges
    The service is transparent about its fees and exchange rates, ensuring there are no surprise costs for users.
  • Referral Program
    Remitbee offers a referral program where users can earn incentives, encouraging them to invite others to use the service.

Possible disadvantages of Remitbee

  • Limited Coverage
    Remitbee's services are available primarily in Canada and to specific receiving countries, which may not cater to users needing global reach.
  • Online Only
    The service is primarily online, which might not suit users who prefer in-person transactions or who have limited internet access.
  • Verification Process
    Some users may experience delays during the identity verification process, which is required to comply with financial regulations.
  • No Cash Pickup
    Remitbee does not offer cash pickup options, which might be inconvenient for recipients who prefer to receive cash over bank transfers or mobile wallets.
  • Limited Currency Options
    The platform supports only a certain number of currencies, which might not be ideal for users needing to transact in less common currencies.

Parallax features and specs

No features have been listed yet.

Remitbee videos

How to Send Money with Remitbee

More videos:

  • Review - Remitbee Review: Abenaya (Tamil)
  • Tutorial - How to Send Money to Sri Lanka With the Remitbee App
  • Review - Remitbee vs Western Union

Parallax videos

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

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Category Popularity

0-100% (relative to Remitbee and Parallax)
Online Payments
79 79%
21% 21
International Money Transfers
Money Transfer
73 73%
27% 27
Payment Platform
100 100%
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Remitbee and Parallax

Remitbee Reviews

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Parallax Reviews

6 Cheaper Payoneer Alternatives for Your Online Transcations
Parallax is an emerging platform that allows you to move money faster and cheaper, simplifying international money transfers when you need it. By opting for Parallax, you can significantly reduce your transfer costs while enjoying reliable service.

Social recommendations and mentions

Based on our record, Remitbee seems to be more popular. It has been mentiond 1 time 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.

Remitbee mentions (1)

  • Scaling up with Strapi: how RemitBee adapts the CMS to their needs since 2019
    RemitBee is a full-stack-fin-tech startup in the heart of Mississauga in Canada. We hope to bridge the gap between people and their money by providing the most cost-efficient money transfer and currency exchange service. So far, we've saved our customers millions in fees and exchange rates. - Source: dev.to / almost 3 years ago

Parallax mentions (0)

We have not tracked any mentions of Parallax yet. Tracking of Parallax recommendations started around Jun 2024.

What are some alternatives?

When comparing Remitbee and Parallax, you can also consider the following products

Wise - Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...

Remitly - Send money online with Remitly faster with great exchange rates and low transfer fees. Special new customer offer! 100% Satisfaction Guarantee.

Revolut - The easiest, fastest way to save for your financial goals.

Western Union - The Western Union is an international money transferring service that is officially partnered with most of the banks and financial institutions across the world.

Airwallex - Airwallex offers international payments solution for businesses of all shapes and sizes.

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