USD to INR
Wise vs PayPal in India
A US client pays you $100, $1,000, or $10,000. Here’s how much arrives in your Indian bank account.
Researched by Harry Guinness Sources checked 7 September 2026 Sources and assumptions
Fee comparison
Wise is cheaper at $100, $1,000, and $10,000.
Wise quoted $4.68, $21.37, and $188.14. PayPal charges $7.56, $72.97, and $727.09.
$100: Wise saves $2.88. $1,000: Wise saves $51.60. $10,000: Wise saves $538.95.
- Invoice
- USD 100, USD 1,000, and USD 10,000
- Invoice currency
- USD
- You receive
- INR
- Payment route
- US client bank payment
The numbers
Fees by invoice amount
Both providers use the same USD-to-INR rate here.
Invoice
$100
Wise is cheaper- Fee
- $4.68
- Reaches your bank
- ₹9,149.92
- Fee
- $7.56
- Reaches your bank
- ₹8,873.47
Wise saves $2.88 About ₹276 more reaches your bank
Invoice
$1,000
Wise is cheaper- Fee
- $21.37
- Reaches your bank
- ₹93,940.31
- Fee
- $72.97
- Reaches your bank
- ₹88,987.14
Wise saves $51.60 About ₹4,953 more reaches your bank
Invoice
$10,000
Wise is cheaper- Fee
- $188.14
- Reaches your bank
- ₹941,856.63
- Fee
- $727.09
- Reaches your bank
- ₹890,121.93
Wise saves $538.95 About ₹51,735 more reaches your bank
Fee sources
Wise
- Wise fee and GST for receiving $100 and sending INR to your bank Wise live $100 USD receipt to INR bank-transfer quote Checked 11 September 2026 Quote caveat: Wise's $4.68 total includes the $2 eFIRC fee listed separately in the calculator; A new Wise quote may be different
- Wise eFIRC and bank-transfer fee Receiving payments for Indian businesses Checked 7 September 2026
- Wise fee and GST for receiving $1,000 and sending INR to your bank Wise live $1,000 USD receipt to INR bank-transfer quote Checked 11 September 2026 Quote caveat: Wise's $21.37 total includes the $2 eFIRC fee listed separately in the calculator; A new Wise quote may be different
- Wise fee and GST for receiving $10,000 and sending INR to your bank Wise live $10,000 USD receipt to INR bank-transfer quote Checked 11 September 2026 Quote caveat: Wise's $188.14 total includes the $2 eFIRC fee listed separately in the calculator; A new Wise quote may be different
PayPal
- international commercial transaction percentage PayPal Merchant Fees — India Checked 12 September 2026
- USD fixed commercial transaction fee PayPal Merchant Fees — India Checked 12 September 2026
- received-payment currency conversion spread PayPal Merchant Fees — India Checked 12 September 2026
- standard withdrawal to an Indian bank account PayPal Merchant Fees — India Checked 12 September 2026
Send your next invoice
Create a USD invoice for your client. Fieldfare will track what you actually receive after fees and currency conversion.
Sources and assumptions
How we calculated it
For each invoice amount, we took each provider’s USD fees in the order charged. We converted what was left to INR at the same daily rate, then took any local bank-withdrawal fee.
Exchange rate
We used 1 USD = 95.99 INR, from Open Exchange Rates on 19 September 2026.
Payment details
- Account: Indian freelancer or sole trader
- Conversion: USD received and converted to INR
- Payout: INR sent to a verified Indian bank account
Found an error?
Send Harry the source and he’ll correct it.
