MoneyGram and PayPal are giants in cross-border transfers, but their app features, limits, and costs cater to different user needs. For Filipinos sending money to the U.S., Panda Remit bridges the gap with superior speed and transparency.

MoneyGram: Limits and App Capabilities

MoneyGram’s 2025 app offers:

• Transaction Limits: $10,000 per transfer, $25,000/90 days, and $75,000/year .

• Key Features: Real-time tracking, biometric login, and cash pickup at 350,000+ locations. Its “Rate Alert” tool notifies users when USD/PHP rates hit target levels .

• Fees: $3.90–$20 for bank transfers, 1.3–2% exchange rate markup. Sending $5,000 incurs $15 + $50 markup = $65 total .

PayPal: Higher Limits, Higher Costs

PayPal allows unlimited transfers for verified accounts but charges:

• Fees: 4.4% + $0.30 per transaction + 3–4% currency conversion markup. A $1,000 transfer costs $44 + $30 = $74 .

• Speed: 1–3 days for bank deposits, instant to PayPal wallets (but recipients pay 2.9% to withdraw to banks).

Panda Remit: The Middle Ground

Panda Remit combines MoneyGram’s speed with PayPal’s flexibility:

• Limits: $10,000 per transaction (BSP-compliant), $60,000/year .

• App Features: 2-minute transfers, live rate locking, and 0 fees for first transfers. Its “Repeat Transfer” function saves recipient details for one-tap payments .

• Cost: $0–$1.99 fees + 0.5% markup. Sending $5,000 costs $1.99 + $25 = $26.99—60% cheaper than MoneyGram .

User Scenarios

• Family Support: MoneyGram’s cash pickup suits rural U.S. recipients, but Panda Remit’s $0 fee for $1,000 transfers saves $10–$15 monthly.

• Business Payments: PayPal’s unlimited limits appeal to freelancers, but Panda Remit’s 2-minute deposits avoid late fees.

Choose speed and savings
👉 Download Panda Remit’s app for fee-free first transfers to the U.S.!