Wise vs Xoom: which sends more pesos home?
Same dollars, different pesos — because each provider takes its cut differently:Wise (converts at the mid-market rate; the fee is the whole cost.) versus Xoom (PayPal) (convenient from paypal balance; margin typically higher than app-first rivals.) Below is the honest math at three common transfer sizes, using rates sampled 2026-08-13 against the ₱62.6/$ mid-market rate of 2026-09-04.
The short answer
Wise delivers about ₱241 more per $500 transfer.
On a monthly $500 remittance, choosing Wise over Xoom keeps roughly $46/year in the family instead of in fees — at these sampled rates. Xoom can still win on delivery options that matter to your recipient.
| You send | Wise delivers | Xoom delivers | Difference |
|---|---|---|---|
| $200 | ₱12,364 | ₱12,320 | ₱44 |
| $500 | ₱31,040 | ₱30,799 | ₱241 |
| $1000 | ₱62,168 | ₱61,598 | ₱570 |
Wise
- Fee structure
- $1.4 + 0.55%
- FX margin
- 0%
- Delivery
- PH banks, GCash, Maya — typically within hours
Xoom (PayPal)
- Fee structure
- none visible
- FX margin
- 1.6%
- Delivery
- Banks, cash pickup, some door-to-door
Rates and promos change constantly — treat this as the cost structure, then confirm live quotes before sending. Try your exact amount in the Remittance Fee Comparator, and see the full decision guide in Cheapest Ways to Send Money to the Philippines.