The best Wise alternative
for India in 2026
Wise exited India. Pym gives you the same — and better — experience: mid-market rates, $0 fees on bank transfers, and instant USDT transfers.
Wise — India
Not available
India accounts closed April 2026
Pym — Live Rate
₹96.13 / USD
Better than mid-market · $0 fee
See what you get today
Pym vs Wise — feature comparison
| Feature | Pym | Wise India |
|---|---|---|
| India account support | Discontinued April 2026 | |
| USD → INR transfers | No longer available | |
| Transfer fee | $0 on ACH/wire/crypto | $4–12 per transfer |
| Rate vs mid-market | Better than mid-market | ~0.4% markup |
| Crypto (USDT) deposit | ||
| Arrival time | Minutes (USDT) / 1-2 days (ACH) | No longer available |
| FinCEN / MSB registered | ||
| Free invoice tool | ||
| PayTag payment link |
How to switch from Wise to Pym
Create your Pym account
Sign up free in 2 minutes with your email.
Complete KYC
Verify your identity — takes under 5 minutes. Same as Wise required.
Start sending
Link your US bank account and send money to India instantly.
No monthly fees · FinCEN registered · Takes 2 minutes
Frequently asked questions
Why did Wise stop supporting India?
In early 2026, Wise announced it would discontinue the ability to hold balances and receive incoming payments for India-based accounts, citing regulatory and compliance changes in India. Existing Wise India customers were asked to withdraw their funds by April 5, 2026.
Is Pym a safe Wise alternative for India?
Yes. Pym is operated by Phodata LLC, a registered Money Services Business (MSB) with FinCEN (BSA ID: 31000323177607). We use 256-bit encryption, KYC/AML compliance, and partner with licensed custodians including Stripe and Kraken.
Are Pym's rates better than Wise?
Yes. Pym uses a stablecoin settlement rail (USDT) which trades at a premium in India, allowing us to pass on better-than-mid-market rates. Wise charged a ~0.4% markup plus a fixed fee of $4–12. Pym charges $0 on bank and crypto transfers.
How fast does Pym send money to India?
USDT transfers arrive in minutes. ACH bank transfers typically arrive same-day or next business day. Wire transfers arrive within hours.
Can I receive payments from US clients using Pym like I did with Wise?
Yes. Pym's invoice tool lets you send a payment link to your US client. They pay by card, ACH, or wire. You receive INR directly to your Indian bank account — just like Wise's old incoming payment feature, but with better rates.
Ready to switch from Wise to Pym?
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