Calculate your extra earning
INR 95,708.10
FX rate
INR 95.7081
FX rate comparison
INR 95,256.40
FX rate
INR 95.2564
INR 95,326.00
FX rate
INR 95.3260
Banks
INR 92,156.10
FX rate
INR 92.1561
Why Indian users hit the ceiling on Wise and Revolut ?
The wrong payment platform drains your earnings on every invoice.
Cost stack on Wise
Wise charges 1.6 to 1.9% on every transfer plus $2.50 per FIRA, and caps Indian accounts at $10,000 per invoice. For freelancers billing multiple clients each month, those FIRA charges become a regular cost that compounds across the year.
Cost stack on Revolut
Revolut's free tier caps monthly currency conversion, and a weekend FX markup kicks in outside trading hours. For Indian businesses, B2B receiving is restricted on both personal and business plans, making it unsuitable for cross-border invoice settlement.
Slow Settlement to Indian Banks
Wise typically settles to INR within same day to 48 hours, while Revolut takes same day to 2 business days. For agencies and exporters managing payroll or vendor payment schedules, even a one-day delay can create a liquidity gap that repeats every month.
FIRA and Compliance Friction
Wise charges $2.50 per FIRA certificate, which adds up quickly for businesses receiving several payments monthly. Revolut does not support FIRA for Indian B2B accounts at all, leaving exporters to coordinate documentation manually with their bank for every inward remittance.
Invoice Limits and Business-Type Restrictions
Wise enforces a hard $10,000 cap per invoice for Indian accounts and limits eligibility to freelancers and sole proprietors, excluding Pvt Ltd, LLP, and OPC entities entirely. Revolut's limits are tier-dependent and its India B2B presence is too limited for businesses that need a reliable, scalable receiving solution.
Wise vs Revolut vs Xflow: complete breakdown
Good for small transfers only
$10K cap and sole-proprietor-only restriction makes it unsuitable for growing Indian businesses.
$10K cap · Pvt Ltd not supported
Good for personal multi-currency use
Excellent consumer product for the UK/EU. Weekend FX markups cut the rate advantage outside trading hours, and India B2B receiving isn't supported on any tier.
No India B2B support
Best for Indian exporters
EEFC support, no limits, guaranteed FX rate, transfer pricing compliance, and a white-label platform API.
Recommended for IT exporters
Feature | Wise | Revolut | Xflow |
|---|---|---|---|
FX Markup | 0%, mid-market rate | ~ 0% within free tier; ~1% after limit; weekend markup applies | 0%, mid-market rate |
Transaction / Receiving Fee | 1.6% to 1.9% + $2.50 per FIRA | ~ Free tier with monthly limits; paid plans from £6.99/mo | 0.6% flat (min $12) |
FIRA / eFIRC | ~ $2.50 per FIRA | ~ Not supported for India B2B | Free, auto-issued within 24 hrs |
Settlement Speed to INR | Same day to 48 hours | Same day to 2 business days | 1 business day, often same day |
Per-Invoice Limit | $10,000 per invoice (India hard cap) | ~ Tier-dependent | No limit, enterprise-ready |
Currencies Supported | 40+ | 30+ | 25+ incl. AED, SGD, HKD, CHF |
Local Payment Rails | ACH, SEPA, Faster Payments | ~ Limited, UK/EU focused | ACH (US), SEPA (EU), CHAPS/BACS (UK) |
Guaranteed FX Rate | No | No | Yes, 3-hour lock at withdrawal |
Business Structures Supported | ~ Freelancers and sole proprietors only (India) | ~ Limited India B2B presence | Pvt Ltd, LLP, OPC, startups, freelancers |
RBI / FEMA Compliance | RBI regulated; FCA UK | ~ Through banking partner | RBI-authorised bank partner, eFIRA auto |
FX AI Analyst | No | No | Yes, rate-lock up to 45 days |
India-Based Support | ~ Global, not India-specific | ~ Limited India presence | Dedicated India onboarding team |
Choose the plan that fits your business
Compare percentage-based pricing across invoice sizes and see how Xflow stacks up.
Percentage-Based
Ideal for invoices from
Up to $10,000
Freelancers & sole proprietors only — Pvt Ltd and invoices above $10K not supported
| Invoice value | Fees |
|---|---|
| Upto $10,000 | 1.6–1.9% |
| Above $10,000 | Not supported |
| Per FIRA | + $2.50 |
Free Tier + Subscription
Ideal for Personal / small transfers
Under $1,000
India business operations are restricted. Not designed for Indian companies receiving cross-border B2B payments.
| Invoice value | Fees |
|---|---|
| Within free-tier limit | 0% FX |
| After limit | ~1% + weekend markup |
| Paid plan | from GBP 6.99/mo |
Flat-Tier + Percentage Model
Ideal for invoices from
$500 – $500,000+
Any invoice size, any Indian entity type — no caps, no restrictions
| Invoice value | Fees |
|---|---|
| Upto $2000 | $12 flat + Free eFIRA |
| Above $2,000 | 0.6% + Free eFIRA |
| Above $100,000 | Custom rate + Free eFIRA |
What our users say
Xflow’s product has added tremendous value to our customers by simplifying cross border payments and helping save costs. The integ
Tej Mulgaonkar
Director
Xflow helps me collect payments from customers across multiple countries. With Xflow, global payments are simplified and reconcile
Varun
Co-founder
Xflow has helped us improve collections by making it easy for my customers to pay using their local payment methods
Hemant Kumar
WeWork India
I manage my forex operations and hence it was important for me to find a payments partner who could settle into my EEFC account. X
Dhruv
Founder
Xflow has made it super simple for us to go live with Inkle’s specific cross-border payment use case (intercompany transfer pricin
Anand Krishna
CEO & Founder
Xflowpay has built very powerful, robust, and flexible APIs that any organisation can easily consume to launch cross border paymen
Pranav
Head of Forex
I am able to collect payments for invoices to overseas customers seamlessly using Xflow. My customers in US are also able to pay m
Binu
Founder
Xflow's cross-border payment solution complements our core neobank offering. We love the white-labelled nature of the product. We
Saurabh
Founder
Getting started on Xflow was easy - KYC was simple and I could start transacting in less than 24 hours. Now that we have used Xflo
Sandeep
Founder
We leverage Xflow to help our customers collect >$10,000 invoices. We draw a lot of comfort from the fact that Xflow has partnered
Saurabh
Founder
With Xflow, we found a convenient, compliant, cost-effective payment provider to bring funds into India under transfer pricing. Th
Sunil
Founder
Xflow’s product has added tremendous value to our customers by simplifying cross border payments and helping save costs. The integ
Tej Mulgaonkar
Director
Xflow helps me collect payments from customers across multiple countries. With Xflow, global payments are simplified and reconcile
Varun
Co-founder
Xflow has helped us improve collections by making it easy for my customers to pay using their local payment methods
Hemant Kumar
WeWork India
I manage my forex operations and hence it was important for me to find a payments partner who could settle into my EEFC account. X
Dhruv
Founder
Xflow has made it super simple for us to go live with Inkle’s specific cross-border payment use case (intercompany transfer pricin
Anand Krishna
CEO & Founder
Xflowpay has built very powerful, robust, and flexible APIs that any organisation can easily consume to launch cross border paymen
Pranav
Head of Forex
I am able to collect payments for invoices to overseas customers seamlessly using Xflow. My customers in US are also able to pay m
Binu
Founder
Xflow's cross-border payment solution complements our core neobank offering. We love the white-labelled nature of the product. We
Saurabh
Founder
Getting started on Xflow was easy - KYC was simple and I could start transacting in less than 24 hours. Now that we have used Xflo
Sandeep
Founder
We leverage Xflow to help our customers collect >$10,000 invoices. We draw a lot of comfort from the fact that Xflow has partnered
Saurabh
Founder
With Xflow, we found a convenient, compliant, cost-effective payment provider to bring funds into India under transfer pricing. Th
Sunil
Founder
Xflow is built for India and engineered for growth
Features other platforms don't offer - Xflow is built for Indian businesses from day one.
Guaranteed Live FX Rate
Unique to Xflow Your rate is locked for 3 hours after your client pays. You know the exact INR before you convert.
FX AI Analyst
Unique to Xflow, An AI-powered assistant that helps you decide when to convert based on market conditions.
EEFC Account Support
Hold foreign currency in an EEFC account and convert when market conditions favour your business. Wise and Revolut both convert to INR on their own timeline, leaving you no influence over when or at what rate the exchange happens.
Transfer Pricing Compliance
Intercompany transfers between a global parent entity and an Indian subsidiary require more than a payment platform. Xflow has transfer pricing compliance built directly into the payment flow, used by funded startups and ITES companies across India.
Native Zoho Books Integration
Invoicing, collections, and reconciliation flow directly into Zoho Books without manual data entry or platform-switching at month end, keeping your books current as payments arrive.
Free FIRA
Auto-generated within 24 hours for every transaction. No follow-up calls, no extra charges, no delays before your audit.
- 01Exchange rate markups Banks add a 2-4% markup over the mid-market rate; fintech platforms typically charge 0.5-1%. On large or recurring transfers, this gap has a real impact on how much the recipient receives. Look beyond the advertised fee and compare the actual exchange rate on offer.
- 02Transfer fees Per-transfer fees vary widely across providers, from nothing to $30 or more. A zero-fee provider isn't always cheaper as the cost is often built into a less competitive exchange rate. Compare the full picture: fee and FX spread combined.
- 03Processing time Bank wires take 2-5 business days. Fintech platforms usually settle within 1-2 business days, and some offer same-day delivery for Canada to India transfers. Check the estimated delivery window before you send.
- 04Tax rules for senders and receivers Tax rules vary on both ends of a transfer. Canada does not tax outward transfers at source, but cross-border payments may have GST/HST implications depending on the nature of the transaction. On the receiving end, inward remittances into India are not taxable as income and recipients are not subject to TCS.
- 05Sending limits and KYC Canada has no hard cap on outward international transfers, but transactions above CAD 10,000 must be reported to FINTRAC under Canada's anti-money laundering rules. All regulated platforms require identity verification before processing. Have a government-issued ID and proof of address ready.
- 06Banks vs fintech platforms Canadian banks charge high FX markups on top of wire fees, and additional deductions from correspondent banks can further reduce what arrives in India. Fintech platforms offer tighter spreads and transparent fees, so more money reaches the recipient.
Who Is Xflow Built For?
Feature | Other Platforms | Xflow |
|---|---|---|
Freelancers and Agencies | ||
Wise's $10,000 invoice cap blocks project billing above it and excludes registered entities from onboarding. | No invoice size limits, whether you bill $500 or $50,000. Open to freelancers, sole prop, Pvt Ltd, and LLP. | |
Revolut doesn't support B2B invoice receiving for Indian accounts on any plan tier. | 0.6% flat fee with 0% FX markup, and 1-day INR settlement to your registered Indian bank. | |
Wise charges $2.50 per FIRA - a recurring cost when billing multiple clients monthly. | Free per-transaction eFIRA within 24 hours, no requests, no delays. | |
Neither lets Indian users hold foreign currency - every payment converts to INR at the prevailing rate. | EEFC account support to hold forex and convert when the rate suits you. | |
SaaS & Startups | ||
Wise's entity restrictions mean most registered SaaS companies can't onboard as Indian business accounts. | 0.6% flat fee per invoice that stays predictable as ARR scales. | |
Revolut's free-tier conversion limits + weekend FX markup make it unpredictable for high-volume billing. | ACH, SEPA, and CHAPS/BACS rails so overseas clients pay domestically, cutting SWIFT costs. | |
Neither provides EEFC support - multi-currency receivables convert immediately with no timing control. | EEFC account support to hold USD/EUR receivables across billing cycles. | |
Intercompany capital transfers for funded startups have no compliance infrastructure on either. | Transfer pricing compliance built in, plus native Zoho Books and free per-transaction eFIRA. | |
IT / ITES Exporters | ||
Wise's $10,000 per-invoice cap makes it unworkable for firms billing $20,000+ to a single client. | 0.6% flat fee with no ceiling - larger invoices cost proportionally less, not more. | |
Revolut's India B2B receiving is too limited and tier-restricted to be a reliable primary channel. | 1-day INR settlement on a platform built for Indian B2B receiving. | |
Neither supports EEFC accounts - every receipt converts to INR immediately. | EEFC settlement to hold USD/GBP/EUR and convert on your treasury timeline. | |
Transfer pricing compliance for intercompany flows (global HQ <-> Indian subsidiary) is absent on both. | Transfer pricing compliance built in, plus free eFIRA within 24 hours, ready for EDPMS and audits. | |
Platforms & Marketplaces | ||
Wise's entity and invoice restrictions make it impractical as a receiving layer for diverse vendor bases. | Full white-label API with webhooks and programmatic vendor onboarding. | |
Revolut Business has an API, but India B2B receiving limits mean vendors can't reliably collect through it. | Per-vendor eFIRA auto-generated within 24 hours at the infrastructure level. | |
Frequently asked questions
We're making the headlines
"Xflow, an Indian fintech startup, has secured backing from both Stripe and PayPal Ventures in a $16.6 million funding round. The investment comes as the company works to carve out a position in cross-border B2B payments, a market still dominated by banks and manual processes.
"Xflow, a leading cross-border payments fintech, today announced the launch of its new flexible, flat-fee pricing plans designed specifically for India's small and mid-sized exporters. "
"Indian exporters can now focus on growth while Xflow handles complex payment documentation Bengaluru, Karnataka, India (NewsVoir) Xflow today announced the launch of Compliance Desk, a managed service that allows Indian exporters to outsource the complex compliance requirements tied to cross-border payments.
“Xflow, a Bangalore-based fintech specialising in cross-border payments, has received in-principle approval from the Reserve Bank of India (RBI) to operate as an online Payment Aggregator for Cross-Border transactions. ”
"Xflow, a financial services and infrastructure company, simplifies the cross-border payments experience for businesses.
"Xflow has made it super simple for us, it handled our needs, volumes and edge cases quickly, seamlessly and compliantly," said Anand Krishna, CEO and Founder of Inkle
"Xflow is designed to help businesses send and receive cross-border payments in a compliant and regulatory manner - from freelancers to small and medium enterprises all the way