Xoom Archives - EcommerceBytes

22 Apr, 2026

PayPal Expands Xoom Remittance Service in Europe

July 15, 2019 Ina Steiner

PayPal expanded its international money transfer service Xoom to 32 markets across Europe, it announced on Monday. Note that Xoom is not for ecommerce, in fact, using Xoom for commercial purposes is prohibited. (See the Protect Your Money section of Read more

PayPal to Buy International Money Transfer Service Xoom

July 2, 2015August 5, 2017 Ina Steiner

PayPal announced Wednesday it will acquire Xoom Corporation, an international money transfer service that lets U.S. customers send money abroad. PayPal will pay $25 per share in cash, or an approximate $890 million enterprise value – 32% higher than Xoom’s Read more