Paysend vs Remitly
Which provider is better for sending money from the USA to India? Compare fees, exchange rate margins, delivery speed and what your recipient actually receives.
The bottom line: sending $1,000 from the USA, Remitly delivers ₹94,791 and Paysend ₹94,420, so your recipient gets ₹371 more with Remitly. Paysend charges a $4.72 fee with a margin of about 0.27% in its rate, paid by debit card; Remitly charges no fee with a margin of about 0.35% in its rate, paid by ACH bank debit.
Quick verdict
Choose Paysend if you want…
- Low all-in cost on direct card and UPI transfers
- Fee of about 0.47% from the US, shown upfront and deducted from the send amount
- Direct transfer to Indian RuPay/Visa/Mastercard debit cards
- Exchange rates include a small currency margin (about 0.27% from the US)
Choose Remitly if you want…
- Express speed & introductory promotions
- Express mode delivers to Indian bank accounts via UPI in minutes
- Introductory promotional exchange rate on the first qualifying transfer
- Standard exchange rates after introductory promotions include a currency margin of roughly 0.3% to 1.3%, depending on the sending country
What your recipient gets at each amount
Indicative net rupee payouts for USD → INR transfers, based on published fee schedules and benchmark snapshots.
Score breakdown, side by side
Each provider's TransferGauge Score across the seven weighted dimensions. How we score
Side-by-side details
| Metric | PS Paysend | R Remitly |
|---|---|---|
| Exchange rate model | Retail rate, +0.27% margin | Retail rate, +0.35% margin |
| Transfer fees | Paysend charges a fee of about 0.47% of the amount sent from the US ($4.72 on $1,000), deducted before conversion, plus a small exchange rate margin (about 0.27%). | Transfers paid from a bank account carry $0 fees for amounts of $1,000 or more from the US, UK, Canada and Australia. Debit card transfers can carry a fee (SGD 3.99 from Singapore). Revenue comes mainly from an exchange rate margin of roughly 0.3% to 1.3%. |
| Typical delivery | UPI and card-to-card transfers typically arrive in under 15 minutes. Bank deposits deliver in 1 business day. | Express delivery with debit card credits Indian bank accounts or UPI IDs within minutes. Economy transfers take 3 to 5 business days. |
| Receiving methods | Bank accountUPICash pickup (not supported) | Bank accountUPICash pickup |
| Routes to India | 1 corridor | 5 corridors |
| Headquarters | London, United KingdomFounded 2017 | Seattle, WA, USAFounded 2011 |
| Full review | Read Paysend review | Read Remitly review |
Summary advice
On our $1,000 USD → INR benchmark, Remitly earns the higher TransferGauge Score (96 vs 94). The better choice still depends on your amount, how your recipient wants to be paid, and how quickly the money needs to arrive.
All figures are indicative benchmarks. Always verify live rates, fees and delivery options on the provider's website before sending money.
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