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Adyen vs Remitly (2026): Which Is Better for Receiving International Payments in India?

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Editorial team, serviceexportguide.com
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11 min read

Short answer

Neither Adyen nor Remitly publishes enough pricing to estimate the cost of a USD 5,000 receipt, so there is no cost verdict. The better choice depends on how your client pays: Adyen is best for large businesses with an Indian entity, and Remitly is best for uS or Canadian business clients already using Remitly.12345

Use caseBetter optionWhy
Bank transfer of USD 5,000Cannot compareNeither publishes full pricing for this case.
Bank transfer of USD 2,000Cannot compareNeither publishes full pricing for this case.
Client paying USD 2,000 by card or linkCannot compareNeither publishes full pricing for this case.
Adyen is best forAdyenLarge businesses with an Indian entity.12
Remitly is best forRemitlyUS or Canadian business clients already using Remitly.345

1,000 USD = ₹94,243 at the reference rate for 13 November 2026 (European Central Bank data).

Estimated rupees received, on published fees

Sorted by estimated rupees received, highest first. Only providers that publish both their fee and their conversion markup for this currency and method can be estimated.

#Provider and routeBest forFee (+GST)MarkupYou receiveCost
1Karbon BusinessLowest estimated costBank transfer to a Karbon virtual USD accountUS bank transfers and marketplace payouts₹942plus GST, rate not stated0%₹93,131 to ₹93,3011.00 to 1.18%
2RazorpayMoneySaver Export Account: bank transfer to virtual account details (Standard plan)Local transfers from the US, UK and eurozone₹1,000plus GST, rate not stated0%₹93,063 to ₹93,2431.06 to 1.25%
3WinvestaGlobal Collections Account, standard plan (up to 2,000 a month per currency)Local transfers with a published per-payment fee₹1,4350%₹92,8091.52%
4SkydoPayment link (InstaLinks) paid by ACH debitLocal bank transfers from major markets₹1,885plus GST, rate not stated0%₹92,019 to ₹92,3582.00 to 2.36%
5PayoneerLocal bank transfer to Payoneer receiving account detailsMarketplace payouts such as Amazon or Upwork₹0no GST stated1 to 4%₹90,473 to ₹93,3011.00 to 4.00%
6PayPalInternational commercial transaction received into a PayPal account (PayPal checkout or invoice)Clients paying by card or PayPal balance₹4,175no GST stated3 to 4%₹86,465 to ₹87,3667.30 to 8.25%

Not estimated because pricing is not fully published: Cashfree Payments, Dodo Payments, PingPong, Stripe, Tazapay, TransFi, Wise.

Where a provider says GST applies to its fee but not at what rate, the range runs from no GST to 18%, the rate Skydo, Stripe and Winvesta state on their pages. Estimates use each provider's published fee, conversion markup, GST on fees and FIRA charge, checked 2026-10-28, against the reference rate. They exclude charges taken by intermediary banks and your own bank, and the rate a provider actually applies at the time of conversion. Check the provider's pricing page before you choose. The order is calculated only from these published numbers; no provider can pay to change its position, and there are no affiliate links.

How do Adyen and Remitly compare at a glance?

Adyen and Remitly compare on the twelve points below, using each provider's published information as checked on 28 October 2026. Where a provider does not publish something, the table says so.3367

AdyenRemitly
Best forLarge businesses with an Indian entity12US or Canadian business clients already using Remitly345
FeesNot published for Indian exporters. Adyen's global pricing page shows indicative fees: $0.13 per transaction plus Interchange++ plus 0.60% for Visa and Mastercard, and $0.13 plus 3.95% for American Express.Remitly says there are no fees for the receiver in India. The sender pays the transfer fee: on its USD to INR page, $3.99 below $1,000 and $0 at $1,000 or more for personal transfers, with no fee on a new customer's first transfer.67
FX markupNot published.Remitly says it may earn from the difference between the rate at which it buys currency and the rate given to the sender. The rate is shown before the sender confirms; no markup percentage is published.87
SettlementNot published.Remitly says business transfers to India are typically delivered within the hour, and that a delivery time is shown before the sender confirms.4
FIRANot published.Not published. Remitly's pages do not mention a FIRA or FIRC for the Indian recipient.
CurrenciesNot published for Indian exporters.Senders pay in the currency of the send country; Remitly Business sends from the US. Recipients in India receive INR.347
KYC: who can sign upAdyen describes itself as a platform for enterprises. To process payments locally in India, Adyen requires a local entity in India and a separate company account. Eligibility of Indian freelancers or small exporters is not published.92Senders only. The personal service is for individuals sending for personal, family or household purposes, and business use is a breach. Remitly Business is for US-registered businesses with a US-resident account holder, and Remitly's Canada site says Remitly Business is also available to businesses in Canada. Recipients in India do not need a Remitly account to be paid; Remitly's India page offers recipients a free profile to request money.83465
RBI PA-CB statusThe RBI lists Adyen India Technology Services Private Limited as an online payment aggregator (PA-O, 15 July 2024) and as PA-CB-O, a cross-border payment aggregator facilitating outward transactions. Adyen's India onboarding policy describes its cross-border product as the Payment Aggregator Cross Border Import solution for foreign merchants. Adyen is not listed for inward (export) cross-border transactions.10911Remitly does not appear on the RBI list of authorised PA-CB entities as on 16 October 2026. Its US User Agreement says it processes transactions to India under the Rupee Drawing Arrangements established by the RBI.128
SupportNot published for this use; Adyen's pricing page directs custom pricing and minimum invoice questions to its sales team.Remitly says business customers get 24/7 support by phone or help centre.4
LimitsFor its cross-border import product, Adyen restricts foreign merchants from selling goods or services priced above ₹25,00,000 per transaction. No limit is published for Indian exporters.11Not published as amounts. Remitly says limits vary by country, delivery method and verification, and are shown when the sender starts a transfer.
How clients payNot published for Indian exporters. For local processing in India Adyen lists cards (Visa, Mastercard, RuPay), UPI, online banking and wallets.The client sends from a Remitly account: a US or Canadian business through Remitly Business, or an individual through the personal service for personal purposes only. Money arrives in India by bank deposit, UPI, cash pickup or wallet.84135
Card paymentsNot published for foreign customers paying Indian businesses. Adyen's India compliance guide says its India rules apply to local acquiring and do not apply to cross-border payments.The sender can fund a transfer with a debit or credit card; the Indian recipient cannot accept card payments through Remitly.48

How much INR do you receive on $2,000, $5,000 and $10,000 with Adyen vs Remitly?

The INR you receive with Adyen and Remitly is the invoice at the reference rate, less each provider's fee, conversion markup, GST on fees and FIRA charge. The table works this out from published pricing at today's rate.

None of these providers publishes both a fee and a conversion markup for USD.

Ranked by INR received on USD 5,000. Reference rate: European Central Bank data for 13 November 2026. Fees, conversion markup, GST on fees and FIRA charges as published by each provider, checked 28 October 2026. Ranges appear where a provider publishes a range or does not state its GST rate. Intermediary bank charges are excluded. See the methodology.

What is Adyen and who is it for?

Adyen is a payments platform for enterprises; in India it is authorised by the RBI as an online payment aggregator and as a cross-border aggregator for outward (import) transactions, and it publishes no product for Indian exporters collecting from foreign customers.91011

  • Regulated by: The RBI lists Adyen India Technology Services Private Limited as an online payment aggregator (PA-O, 15 July 2024) and as PA-CB-O, a cross-border payment aggregator facilitating outward transactions. Adyen's India onboarding policy describes its cross-border product as the Payment Aggregator Cross Border Import solution for foreign merchants. Adyen is not listed for inward (export) cross-border transactions.10911
  • Used by: Adyen describes itself as a platform for enterprises. To process payments locally in India, Adyen requires a local entity in India and a separate company account. Eligibility of Indian freelancers or small exporters is not published.92
  • Best for: Large businesses with an Indian entity.12

What is Remitly and who is it for?

Remitly is a money transfer service whose personal service is limited to individuals sending for personal, family or household purposes; its Remitly Business product lets US businesses pay contractors, freelancers and suppliers in India.84

  • Regulated by: Remitly does not appear on the RBI list of authorised PA-CB entities as on 16 October 2026. Its US User Agreement says it processes transactions to India under the Rupee Drawing Arrangements established by the RBI.128
  • Used by: Senders only. The personal service is for individuals sending for personal, family or household purposes, and business use is a breach. Remitly Business is for US-registered businesses with a US-resident account holder, and Remitly's Canada site says Remitly Business is also available to businesses in Canada. Recipients in India do not need a Remitly account to be paid; Remitly's India page offers recipients a free profile to request money.83465
  • Best for: US or Canadian business clients already using Remitly.345

How do Adyen and Remitly fees and FX markup compare?

Adyen and Remitly charge in different ways, so compare the fee and the conversion markup together, not the headline fee alone.

What does Adyen charge?

  • Fees: Not published for Indian exporters. Adyen's global pricing page shows indicative fees: $0.13 per transaction plus Interchange++ plus 0.60% for Visa and Mastercard, and $0.13 plus 3.95% for American Express.33

What does Remitly charge?

  • Fees: Remitly says there are no fees for the receiver in India. The sender pays the transfer fee: on its USD to INR page, $3.99 below $1,000 and $0 at $1,000 or more for personal transfers, with no fee on a new customer's first transfer.67

How do Adyen and Remitly compare on settlement speed?

Adyen and Remitly publish these settlement times for money reaching an Indian bank account.

PlatformSettlement timePayout to IndiaBest for
AdyenNot published.Not published.Large businesses with an Indian entity12
RemitlyRemitly says business transfers to India are typically delivered within the hour, and that a delivery time is shown before the sender confirms.4Bank deposit, UPI, cash pickup or wallet in INR; the recipient does not need to withdraw anything.1346US or Canadian business clients already using Remitly345

Do Adyen and Remitly provide FIRA and e-BRC, and are they RBI PA-CB authorised?

Adyen and Remitly publish the FIRA position and RBI status below, checked on 28 October 2026. An e-BRC is generated by the exporter on the DGFT portal from bank remittance data, so it does not depend on the provider issuing one.34

PlatformFIRARBI PA-CB statusBest for
AdyenNot published.The RBI lists Adyen India Technology Services Private Limited as an online payment aggregator (PA-O, 15 July 2024) and as PA-CB-O, a cross-border payment aggregator facilitating outward transactions. Adyen's India onboarding policy describes its cross-border product as the Payment Aggregator Cross Border Import solution for foreign merchants. Adyen is not listed for inward (export) cross-border transactions.10911Large businesses with an Indian entity12
RemitlyNot published. Remitly's pages do not mention a FIRA or FIRC for the Indian recipient.Remitly does not appear on the RBI list of authorised PA-CB entities as on 16 October 2026. Its US User Agreement says it processes transactions to India under the Rupee Drawing Arrangements established by the RBI.128US or Canadian business clients already using Remitly345

Which currencies, countries and payment methods do Adyen and Remitly support?

Adyen and Remitly accept the currencies and payment methods below, as each publishes them.

PlatformCurrenciesHow clients payCard paymentsBest for
AdyenNot published for Indian exporters.Not published for Indian exporters. For local processing in India Adyen lists cards (Visa, Mastercard, RuPay), UPI, online banking and wallets.Not published for foreign customers paying Indian businesses. Adyen's India compliance guide says its India rules apply to local acquiring and do not apply to cross-border payments.Large businesses with an Indian entity12
RemitlySenders pay in the currency of the send country; Remitly Business sends from the US. Recipients in India receive INR.347The client sends from a Remitly account: a US or Canadian business through Remitly Business, or an individual through the personal service for personal purposes only. Money arrives in India by bank deposit, UPI, cash pickup or wallet.84135The sender can fund a transfer with a debit or credit card; the Indian recipient cannot accept card payments through Remitly.48US or Canadian business clients already using Remitly345

What are the strengths and limitations of Adyen and Remitly?

Adyen and Remitly each suit some exporters better than others. These points come from each provider's own pages.

What are the strengths and limitations of Adyen?

Strengths:

  • You are a large business with an Indian entity that needs domestic card, UPI and online banking acceptance in India on one platform.12
  • You are a foreign merchant selling to Indian buyers through Adyen's cross-border import product.11

Limitations:

  • Adyen's RBI cross-border authorisation is for outward (import) transactions, not inward export receipts.1011
  • Adyen publishes no product, fee, FIRA or purpose code process for Indian service exporters collecting from foreign customers.9332
  • Pricing shown is global and indicative, and a minimum invoice may apply depending on industry or business model.33
  • Adyen positions itself for enterprises; eligibility for freelancers or small agencies is not published.9

What are the strengths and limitations of Remitly?

Strengths:

  • Your client is a US or Canadian business that already uses, or is willing to open, a Remitly Business account to pay contractors in India.345
  • Your client is an individual paying for a personal need, such as private tutoring, which Remitly's personal terms permit.8

Limitations:

  • An Indian freelancer or company cannot open an account to receive or invoice through Remitly; the client must be the Remitly customer.834
  • Remitly Business is offered to businesses in the US and Canada only, and Remitly's personal terms prohibit sending for business purposes.385
  • Remitly is not on the RBI list of authorised PA-CB entities, and its pages do not mention a FIRA, FIRC or purpose code for the Indian recipient.1246

Should you choose Adyen or Remitly?

Choose between Adyen and Remitly by how your clients pay and your usual invoice size.

Choose Adyen if:

  • You are a large business with an Indian entity that needs domestic card, UPI and online banking acceptance in India on one platform.12
  • You are a foreign merchant selling to Indian buyers through Adyen's cross-border import product.11

Choose Remitly if:

  • Your client is a US or Canadian business that already uses, or is willing to open, a Remitly Business account to pay contractors in India.345
  • Your client is an individual paying for a personal need, such as private tutoring, which Remitly's personal terms permit.8

For example, say a designer invoices a US client USD 2,000. Because neither provider does not publish full pricing for that case, ask for a quote in writing and compare it with the FIRA rate after the first payment.3387

Which other platforms should you consider besides Adyen and Remitly?

Other platforms to consider besides Adyen and Remitly are the ones with the lowest estimated cost on a USD 5,000 receipt, listed in that order.1516171819202223252628303132

PlatformBest forEstimated cost on USD 5,000FIRAReview
SkydoLocal bank transfers from major markets140.68%151617181920Skydo says it issues a free FIRA on every payment received, and that its FIRA and FIRC are accepted for GST filing and by banks.1921Skydo review
Karbon BusinessUS bank transfers and marketplace payouts221.00 to 1.18%2223Karbon says it provides a FIRA for every transaction, issued by its licensed banking partner, which it does not name. Cost not published.22Karbon Business review
RazorpayLocal transfers from the US, UK and eurozone241.00 to 1.18%2526Razorpay provides a Foreign Inward Remittance Statement (FIRS), sent to the contact email within 24 hours after settlement for bank transfers, and downloadable from the dashboard, which shows bank-provided certificates and Razorpay-generated statements. The pricing page lists FIRC or eFIRC as included and auto-generated for international cards. No separate charge is published.242726Razorpay review
WinvestaLocal transfers with a published per-payment fee28291.24%28303132Free e-FIRA, emailed within 24 hours of funds reaching the Indian bank account and downloadable from the dashboard; it shows the purpose code and exchange rate.3130Winvesta review

Compare every provider on your own invoice in the platform cost comparison.

How did we verify this?

We checked this page against the sources below on 28 October 2026. Provider fees, conversion markups and RBI payment aggregator (PA-CB) status were checked on 28 October 2026. Rupee amounts use European Central Bank reference rates for 13 November 2026. Read our methodology or report an error.

  1. [1]Adyen press release, Adyen expands to India, 15 August 2024 (checked 2026-10-28)
  2. [2]Adyen Docs, Payments India compliance guide (checked 2026-10-28)
  3. [3]Remitly Business Account Agreement (US), updated 1 August 2026, sections 3, 4 and 8 (checked 2026-10-28)
  4. [4]Remitly, Business payments from the United States to India (checked 2026-10-28)
  5. [5]Remitly Canada, Remitly Business page and FAQ (checked 2026-10-31)
  6. [6]Remitly India, Receive money in India from family abroad (checked 2026-10-28)
  7. [7]Remitly, USD to INR rate and fees (checked 2026-10-28)
  8. [8]Remitly User Agreement (US), effective 23 February 2026, sections on account use, foreign currency exchange, commercial transactions and transactions to India (checked 2026-10-28)
  9. [9]Adyen India, home page (checked 2026-10-28)
  10. [10]RBI: Certificates of Authorisation issued under the Payment and Settlement Systems Act, 2007, Payment Aggregators (PA-O, PA-P and PA-CB), list dated 16 October 2026 (checked 2026-10-28)
  11. [11]Adyen, India merchant onboarding policy overview, version 1.5, 9 June 2026 (checked 2026-10-28)
  12. [12]RBI: Payment system operators authorised under the PSS Act, 2007, list as on 16 October 2026 (checked 2026-10-28)
  13. [13]Remitly, Send money to India from the United States (checked 2026-10-28)
  14. [14]Skydo FAQs, What countries can I get paid locally through Skydo? (checked 2026-10-28)
  15. [15]Skydo FAQ, How much does Skydo charge? (checked 2026-10-28)
  16. [16]Skydo, Home page (checked 2026-10-28)
  17. [17]Skydo FAQ, Who will bear the SWIFT charges? (checked 2026-10-28)
  18. [18]Skydo FAQ, Limitations and restrictions on receiving your foreign remittance via Skydo (checked 2026-10-28)
  19. [19]Skydo, Receive international payments in India as a freelancer (checked 2026-10-28)
  20. [20]Skydo, Terms of use (checked 2026-10-28)
  21. [21]Skydo FAQs, What is accepted for GST filings and banks between FIRA and FIRC? (checked 2026-10-28)
  22. [22]Karbon Business, Karbon for Freelancers (checked 2026-10-28)
  23. [23]Karbon, PayPal alternative (checked 2026-10-28)
  24. [24]Razorpay Docs, International Bank Transfer (MoneySaver Export Account) (checked 2026-10-28)
  25. [25]Razorpay, MoneySaver Export Account (international bank transfers) (checked 2026-10-28)
  26. [26]Razorpay, Pricing (checked 2026-10-28)
  27. [27]Razorpay Docs, FIRS Automated Process (checked 2026-10-28)
  28. [28]Winvesta FAQs, What are the charges for the global collections account? (checked 2026-10-28)
  29. [29]Winvesta FAQs, What currencies are available with local accounts? (checked 2026-10-28)
  30. [30]Winvesta, Multi-currency account (checked 2026-10-28)
  31. [31]Winvesta FAQ, When will I receive my e-FIRA certificate? (checked 2026-10-28)
  32. [32]Winvesta FAQ, Can I get priority processing for my withdrawal? (checked 2026-10-28)
  33. [33]Adyen, Pricing (global page, checked 2026-10-28)
  34. [34]DGFT: eBRC services (self-generation of e-BRC from bank inward remittance data)
  35. [35]GST Portal user guide: Furnishing of Letter of Undertaking (FORM GST RFD-11)

Frequently asked questions

Which is cheaper for Indian exporters, Adyen or Remitly?+

There is no cost verdict for a USD 5,000 bank transfer: neither publishes full pricing for this case.3387 The answer can change with the currency, payment method and invoice size, so check your own numbers in the platform cost comparison.

Do Adyen and Remitly give a FIRA to Indian exporters?+

Adyen: Not published. Remitly: Not published. Remitly's pages do not mention a FIRA or FIRC for the Indian recipient.

Can individual freelancers use Adyen and Remitly?+

Adyen: Adyen describes itself as a platform for enterprises. To process payments locally in India, Adyen requires a local entity in India and a separate company account. Eligibility of Indian freelancers or small exporters is not published.92 Remitly: Senders only. The personal service is for individuals sending for personal, family or household purposes, and business use is a breach. Remitly Business is for US-registered businesses with a US-resident account holder, and Remitly's Canada site says Remitly Business is also available to businesses in Canada. Recipients in India do not need a Remitly account to be paid; Remitly's India page offers recipients a free profile to request money.83465

Are Adyen and Remitly authorised by the RBI?+

Adyen: The RBI lists Adyen India Technology Services Private Limited as an online payment aggregator (PA-O, 15 July 2024) and as PA-CB-O, a cross-border payment aggregator facilitating outward transactions. Adyen's India onboarding policy describes its cross-border product as the Payment Aggregator Cross Border Import solution for foreign merchants. Adyen is not listed for inward (export) cross-border transactions.10911 Remitly: Remitly does not appear on the RBI list of authorised PA-CB entities as on 16 October 2026. Its US User Agreement says it processes transactions to India under the Rupee Drawing Arrangements established by the RBI.128

How fast do Adyen and Remitly pay out to an Indian bank?+

Adyen: Not published.33 Remitly: Remitly says business transfers to India are typically delivered within the hour, and that a delivery time is shown before the sender confirms.4

Do I still need an LUT if I am paid through Adyen or Remitly?+

Yes, if you are registered under GST and want to invoice the export without IGST. The Letter of Undertaking is a GST filing for the financial year, and it does not depend on how the money reaches you, whether through Adyen, Remitly or a bank wire.35

This page is general information for Indian service exporters, not tax or legal advice. Rules change and outcomes depend on your facts, so confirm with a chartered accountant before acting.

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