What PayPal does well
Sign up - Signing up takes little time, and you may do so by using the PayPal website or app.
Payment options - You can fund your account and transfers in different ways such as bank transfers, debit cards and credit cards.
PayPal app - The PayPal app is available for iOS and Android.
Where PayPal could improve
Phone transfers - PayPal customers can not send money over the phone.
The TransferWise app design and user experience of their technology is great with simple, intuitive processes.
Registration - Fast and easy account creation
ID verification - Instant in some countries
Transfer speed - It can be instantaneous in some countries. Fast payments to TransferWise comes at an additional cost.
Minimum transfer amount - $1
Mobile app - Simple and easy to use. Probably the best designed app of the international money transfer companies.
Payment options - TransferWise has the broadest range of payment options. Local bank transfer, debit / credit card and country specific solutions such as POLi.