Pesito vs Remitly.
The honest comparison.

Remitly is one of the most successful corridor-focused remittance products of the last decade — public company, ~$5B in annual transfer volume, dozens of corridors beyond Mexico. Pesito is a smaller, newer product purpose-built for U.S. ↔ Mexico. This page is the line-by-line comparison neither of us would write about ourselves: where Remitly wins, where Pesito wins, where it's a tie, and which one fits which use case.

Where Remitly wins.

• Corridor breadth. Remitly serves 170+ corridors. Pesito is U.S. ↔ Mexico only.
• Scale and brand recognition. Remitly is a NASDAQ-listed company with hundreds of millions in marketing spend. If your family asks "have you heard of them?", Remitly is the safe answer.
• On-time delivery promise. Remitly refunds the fee if your transfer arrives late. Pesito does not currently offer this guarantee.
• U.S. licensing footprint. Remitly is licensed in all 50 states. Pesito is rolling out state by state.
• 24/7 multilingual phone support. Remitly's customer service has dedicated phone lines. Pesito support is currently primarily in-app and email.
• Cash-funded sends (with the new tax). Remitly accepts cash funding at certain retail partners. After Jan 1, 2026 those funded sends incur the 1% federal excise tax — but the option exists. Pesito doesn't accept cash funding at all.

Where Pesito wins.

• $0 fee on $PesitoID-to-$PesitoID transfers. Once your family is on Pesito, every send between Pesito accounts is free. Remitly charges per-transfer regardless.
• Mid-market FX with no spread. Remitly builds a 1–2% FX markup into the rate; Pesito quotes the Banxico mid-market reference and doesn't add a margin.
• The recipient has an app. Remitly's recipient gets a pickup code or a bank deposit. Pesito's recipient gets a wallet — they can hold pesos, send to others, cash out at OXXO when they need to. Identity-first vs. transaction-first.
• $PesitoID handle. One address that works on both sides of the border. The next nine sends to the same person are one tap.
• Price transparency. Pesito follows Wise's posture of naming the FX markup as "0%" instead of folding it into the rate. Remitly's marketing leans on the explicit fee being low while the FX markup does the rest of the work.
• Hold pesos in-app. Pesito recipients can keep a peso balance for days or months without re-converting. Remitly is transactional only.

The side-by-side.

Which one is right for you.

Pick Remitly if: your family expects pickup at a specific retail partner that isn't OXXO; you send to corridors beyond Mexico; you want the deepest possible U.S. licensing footprint and 24/7 phone support; or if your recipient actively prefers a transactional model (no app, no balance, just the cash).

Pick Pesito if: you send to Mexico recurrently and the per-transfer fee + FX markup compound; your recipient is willing to install an app and prefers holding a balance; you value mid-market FX with no spread; or you want the $PesitoID handle to do the addressing instead of repeating recipient details every time.

Frequently asked.