Convert hips to psd Online: hips2psd
You can use Tom's Editor to easily convert images from
HIPS file .HIPS to Adobe Photoshop
Tom's Editor is a free, online image manipulation and converter program.
Go to Tom's Editor
HIPS file is an image format with extension HIPS.
PSD is in internal image format of Adobe Photoshop. It can store all the features offered by Photoshop, like layers and paths. Images can be compressed or not.