Mulya

Mulya is an India-focused foreign payment collection platform designed for freelancers, consultants, agencies, exporters, remote employees, and online sellers who receive international payments. The platform enables users to collect funds in multiple foreign currencies through virtual bank accounts and convert earnings into Indian Rupees using mid-market exchange rates with a flat 1% fee. One of Mulya’s strongest differentiators is its focus on Indian regulatory compliance. The platform automatically generates FIRS documentation, supports FEMA compliance, GST export requirements, purpose code selection, and export invoicing. These capabilities reduce administrative work for freelancers and businesses receiving overseas income. Mulya also offers useful financial controls such as rate locking, multi-currency invoicing, and the ability to hold USD balances before conversion. Compared with traditional banks and payment providers that often apply exchange rate markups, Mulya emphasizes transparent pricing and faster settlement times. The platform is particularly valuable for Indian users who frequently receive foreign payments from platforms such as Upwork, Toptal, Deel, Shopify, and direct clients.