Has anyone ever heard or used this method of payment?
We are going back to Provence next month (spur of the moment decision) and the house we usually rent is not available. This property owner uses Xoom for payment.
The house we are going to rent this time uses Currency Fair. I have never heard of that method and can only find one post on Tripadvisor and it isn't very helpful. I am thinking PayPal is the best way to go.
Before I ramble on, disclaimer - I do work for CurrencyFair
We're legit, promise! I'll add a link to some reviews below. What we do is avoid the huge costs for currency transfers by using a unique marketplace to avoid the bank fees, instead using domestic transfer at either end of the exchange. This cuts the overall fees by up to 90%. Hence, our rates are much cheaper than banks and FX brokers, and even PayPal.
If you have any questions feel free to reply here and I'l get back to you as soon as possible.
Cheers, James, CurrencyFair.com
Some reviews....https://www.currencyfair.com/trust/press/