Pricing
A small FX mark-up over the mid-market rate — around 0.8% on average — and a small flat fee per settlement. Both come down as your volume grows, and your exact rates are set out in your agreement, which you see during onboarding before anything is charged. GST at 18% applies to fees. No setup fee, no monthly fee.
~0.8%
FX over mid-market, on average
The mid-market rate sits beside your rate on every conversion, so the mark-up is never buried in it. Lower at higher volumes.
Small flat fee
Per settlement
A fixed amount per settlement to your bank, whatever its size — the same on every settlement, and stated in your agreement.
Optional
Rate lock
Lock a US dollar rate for 120 seconds while you reconcile, for a small percentage of the amount. Not locking costs nothing.
One $5,000 invoice, at typical pricing
≈ ₹4,706
What it costs you in all · fees and GST, typical
≈ ₹17,575
What a bank typically takes · mark-up + a wire
You keep around ₹12,869 more.
Illustrative, at a mid-market rate of ₹95.00 and typical pricing. Your agreement sets your actual rates, and they vary with volume. The bank comparison assumes a 3% mark-up and one $35 wire.
Every account starts on standard pricing. As your invoices or monthly volume grow, your rate comes down. Your exact rates are always in your agreement.
Standard
Every new account
Figures are averages, and pricing varies with volume. The exact rates for your account are in your agreement, shown during onboarding. GST at 18% applies to fees. Receiving, e-FIRA, eBRC and GST paperwork cost nothing.
What you see is what you pay. The mid-market rate sits beside your rate on every conversion, so the mark-up is never buried in it.
| Transaction type | Fee | Settlement time |
|---|---|---|
| Receiving a bank transfer | No fee to receive | Same day |
| Converting to rupees | Around 0.8% over mid-market, lower with volume | Rate booked within the hour |
| Settlement to your bank | A small flat fee per settlement | T+1 |
| Locking a rate (optional, US dollars) | A small percentage of the amount locked | Held for 120 seconds |
| e-FIRA, eBRC and GST paperwork | Free | Issued automatically |
Figures are typical and vary with volume; your agreement states your exact rates. GST at 18% applies to fees. FX rates are provided by our banking partner, with our mark-up included in the rate you are shown.
Where the difference actually comes from — and none of it is a discount we can withdraw.
| A traditional bank | Payzoplus | |
|---|---|---|
| FX rate | 2–4% mark-up, inside the rate | Around 0.8%, shown next to mid-market |
| Fees | $35–125 per wire | A small flat fee per settlement |
| Tracking | Call the branch | UTR and live status in the app |
| Paperwork | FIRA on request, paid for | e-FIRA · eBRC · GST — free, automatic |
| Onboarding | 2–3 weeks, branch visit | Within 24 hours, online |
| Support | Branch queue · 48-hour email | Chat with a person, 24×7 |
On ₹1 Cr a year, at typical pricing: about ₹3.4 L through a bank against about ₹1 L here — some ₹2.4 L that stays with the business. Your own figures depend on your volume and your agreement. Every rupee still moves on an RBI-licensed partner’s rails.
Customer services & charges
Transparent, instant, and affordable for individuals, freelancers, and businesses.
Bank transfers into an account issued in your name for each customer — ACH and Fedwire in the US, SWIFT elsewhere.
Reconcile an invoice and our payment partner converts to rupees and settles to your own bank account.
Optional, and only on US dollar invoices — our payment partner books no other pair in advance.
Things we are asked about that cost nothing.
All charges are exclusive of applicable taxes (GST 18% on fees). Rates may vary by transaction volume and destination. Blockchain transaction security is included at no additional cost.
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