Every exporter’s balance sheet has a tiny hole in it.
You can’t see it in the numbers. You just feel it — that quiet ₹9,000-₹10,000 that slips away every time your client pays you from abroad.
It’s not theft. It’s friction.
A blend of FX markups, intermediary bank fees, and the long, paper-heavy route your money takes before it lands in your account. By the time you finally receive the funds, it’s traveled through so many systems that it arrives tired — a few rupees lighter, a few days late, and usually missing its paperwork.
That’s the invisible cost of cross-border business. The question is: does it have to stay invisible?
The Mirage of “Mid-Market”
Wise made transfers feel modern — a few clicks, a clean interface, a rate that looks honest. And to be fair, for small one-off payments, it is. But exports aren’t about one-offs. They’re about rhythm, proof, and predictability.
Wise converts using the mid-market rate, but here’s the trick: the mid-market itself has a middleman. Add roughly 0.5% in spread, a few hundred rupees in network fees, and a 7–10-day lag for your FIRC — and that $10,000 payment your client swore by ends up ₹8.27 lakh instead of ₹8.36 lakh.
It looks seamless. It lands short.
HiWiPay: Built for the “After” of Getting Paid
HiWiPay doesn’t romanticize remittance. It just fixes the parts that exporters silently absorb.
Your client’s payment arrives in your global virtual account** — powered by JPMorgan Chase— with no mystery stops in between. It converts at the RBI reference rate, not a privately adjusted one. And within T+0 or T+1, it’s in your INR account, along with an auto-generated e-FIRC/e-FIRA sitting in your dashboard.
| Step | Wise | HiWiPay |
|---|---|---|
| FX Rate | Mid-market – 0.5% | RBI Reference (0%) |
| Network Fees | ₹300–₹700 | None |
| FIRC | Manual follow-up (7–10 days) | Instant e-FIRC |
| Settlement | T+2 | T+0 – T+1 |
| Net Realization on $10,000 | ₹8,27,000 | ₹8,36,500 |
That’s ₹9,500 that doesn’t vanish. The difference between waiting and knowing.
The Paper Trail That Shouldn’t Feel Like a Treasure Hunt
Ask any exporter about FIRC and you’ll get a sigh before an answer.
It’s the one document everyone needs and no one enjoys chasing — half the time trapped in someone’s inbox, the other half mismatched with a purpose code.
HiWiPay turns that ordeal into automation.
Every transaction automatically generates the right document, timestamped, compliant, and ready for reconciliation. No “please share SWIFT copy” emails, no Excel tracking, no late-night follow-ups.
Because if you’ve earned the money, the proof shouldn’t make you wait for it.
Predictability: The Real Competitive Edge
In cross-border business, “cheap” isn’t the goal — certainty is.
You can build around a known rate. You can’t build around a surprise deduction.
Wise gives you visibility before the send; HiWiPay gives you control after the receipt. One helps you estimate, the other lets you plan.
That’s the difference between a platform made for users and one designed for exporters.
Where the Rupee Finally Rests
There’s a quiet poetry to a payment that lands exactly as it should — full, documented, on time.
No emails, no leaks, no invisible losses. Just your money, home and whole.
Wise gets it there.
HiWiPay makes sure it arrives intact.
And maybe that’s the whole point — money should travel far, not fade on the way home.
About HiWiPay EXIM
HiWiPay EXIM enables fast, secure, RBI-compliant cross-border payments for India’s exporters, freelancers, and service providers. With zero forex markup, instant e-FIRA/e-BRC, and global virtual accounts in 25+ currencies powered by JPMorgan Chase, it brings clarity, speed, and compliance together — minus the noise and paperwork. Founded by Dewang Neralla (ex-Atom Technologies & NTT Data Payments) and backed by VC investors with ex-RBI leadership, HiWiPay EXIM is built for trust at global scale.
