logo

PingPong vs Adyen: which is better for international payments in 2026?

  • PingPong is built for Amazon, Shopify and Etsy sellers, with a 1% headline fee, but users report a hidden FX markup of 0.5% to 2%
  • Adyen is enterprise-grade omnichannel acquiring trusted by global brands, but it is sales-led, carries a minimum invoice, and cannot collect export payments into India
  • Which one is better comes down to your priorities - fees, FIRA handling, and how your clients prefer to pay
Accept payment from 150+ countries
USD
Client pays
USD 100USD 100,000
1 USD = 85.00 INR
Live fx rate
You'll receiveINR
₹4,22,091
PingPong
₹4,14,673
You lose:2.4%
Adyen
₹4,07,434
You lose:4.1%
100+ reviews
Trusted by 40,000+ businesses
Over $1B processed • Licensed by RBI
RBI PA-CB authorizedHDFC BankISO 27001 certifiedVisa

PingPong vs Adyen: understanding the key differences

Both PingPong and Adyen are well-known names for international payments, but they differ in who can use them from India, fees, export documentation like FIRA, GST compliance, settlement timelines, and support. Here is how they compare side by side.
Featurespingpongadyen
Transfer fees1% flat on withdrawalInterchange++ plus 0.60% + $0.13 per transaction (~3.5% est. on international cards)
Forex markup0.5% to 2% reported, not publicly disclosedNot published, contract-specific
FIRAFree, automatic for every transactionNot offered at all
eBRCNot publicly disclosedNo eBRC, and no inward flow to need it for
GST-compliant invoiceNot availableNot available, no invoicing product
Settlement timeNext business day after withdrawal2 to 3 business days
Customer supportDashboard live chat and account manager, not India-basedTicket-based, account managers for enterprise
Best suited forAmazon, Shopify and Etsy sellers taking marketplace payoutsEnterprise omnichannel acquiring

PingPong vs Adyen: pricing and forex breakdown

Beyond the published fees, the real cost is what lands in your bank after fees, forex and GST. Move the slider to see what each one works out to, and how Skydo compares.
With Skydo, you receive₹8,47,091
Money transferUSD 10,000
$500$10K$100K$1M
pingpong0.5-2% markup
₹8,29,345
Exchange rate83.94
Forex markup₹10,625
Transfer fee₹8,500
Fixed fee₹0
GST (18%)₹1,530
Total fees₹20,655
You receive₹8,29,345
adyenFX not published
₹8,14,882
Exchange rate85.00
Forex markup₹0
Card fee₹29,750
Fixed fee₹11
GST (18%)₹5,357
Total fees₹35,118
You receive₹8,14,882

PingPong vs Adyen: compliance, payment rails, and platform comparison

pingpong
  • Operates via an RBI-approved liaison office, not a licensed PA-CB
  • Free automatic FIRA on every transaction
  • eBRC support not publicly disclosed
  • GST-compliant invoicing not available
  • One broad purpose code assigned by default, so a payment can be recorded under the wrong category
adyen
  • No FIRA or e-FIRC — not offered at all
  • No eBRC support — and no inward flow to need it for
  • No GST-compliant invoicing; Adyen has no invoicing product
  • Purpose codes not handled — no export remittances move through Adyen
  • India licences: online PA (Jul 2024) plus import-side PA-CB only

PingPong vs Adyen: which one is right for you

There is no single winner. The right pick depends on who pays you, how large your invoices are, and how much paperwork you can handle.
01pingpong

Choose PingPong if:

You sell primarily on Amazon, Shopify or Etsy and want built-in marketplace integration.
  • You're comfortable with the hidden FX markup users report (0.5% to 2%)
  • Your payouts are small and frequent
  • You don't need eBRC or GST invoicing on the platform
  • You want direct payout integrations with Amazon, Walmart, Etsy and Shopify
02adyen

Choose Adyen if:

You are an enterprise selling omnichannel at scale and can meet sales-led minimums.
  • Global brand with an Indian entity acquiring from Indian consumers
  • High-volume retailer unifying online and in-store payments on one stack
  • Marketplace or platform needing split payments and sub-merchant payouts
  • Enterprise with developer teams ready for API integration

Skydo: a better alternative to PingPong and Adyen

Featurespingpongadyen
Settlement timeNext business day2 to 3 business days24 hours
Forex markup0.5-2% reportedNot publishedZero, live rate
Transaction fee1% flat~3.5% est. on intl cards$19 up to $2k, $29 up to $10k, 0.3% aboveBest
FIRAFree, automaticNot offeredFree, instant, per payment
eBRC and EDPMSNot publicly disclosedNot supportedOne-click eBRC, EDPMS closure assistance
GST invoicingNot availableNot availableBuilt in, GST compliant
Customer supportLive chat, not India-basedTickets, enterprise account managersIndia-based, on WhatsApp, call and email
Payment trackingDashboard trackingReal-time dashboardAuto tracked, remittance to bank deposit
RBI authorisationLiaison office, not PA-CBPA + import-side PA-CB onlyFull PA-CB authorized
Losing money on each transfer but not sure how much?

See what our clients say about us

100+ reviews
Trusted by 40,000+ businesses
Shashank
“I'm looking for straightforward, transparent pricing. With most payment providers, it's hard to understand the actual fees and exchange rates, making it difficult to know what I'm really paying.”ShashankCEO, HCODE

Frequently asked questions

Which is better, PingPong or Adyen, for international payments in 2026?+
It comes down to how your clients pay you and how much compliance you want handled. PingPong is built for marketplace sellers with a flat 1% fee and free FIRA, though users report a hidden 0.5 to 2% FX markup. Adyen is enterprise-grade omnichannel acquiring trusted by global brands, but onboarding is sales-led with a minimum invoice, and its India cross-border licence covers import flows only. PingPong suits marketplace-led e-commerce sellers, while Adyen suits enterprise omnichannel acquiring.
Is PingPong cheaper than Adyen?+
Usually yes. PingPong charges a flat 1% fee, with users reporting a further 0.5 to 2% hidden FX markup, roughly 1.5 to 3% all in. Adyen prices at Interchange++ plus 0.60% + $0.13, working out to roughly 3.5% on international cards — and its India licence covers import-side flows only, so Indian exporters cannot collect through it. PingPong is generally cheaper, though what actually lands in your bank depends on invoice size.
Which provides better exchange rates, PingPong or Adyen?+
Hard to say — neither publishes a comparable rate. PingPong's forex rates are not publicly disclosed (users report a 0.5 to 2% markup built in), while Adyen does not publish FX pricing — it is contract-specific, and Indian merchants settle in INR only.
Do PingPong and Adyen provide FIRA for Indian exporters?+
PingPong generates a free FIRA automatically for every transaction. Adyen provides no FIRA or e-FIRC at all. For GST refunds and export compliance an instant per-payment FIRA matters — Skydo issues one free with every payment.
Are PingPong and Adyen RBI-approved for receiving payments in India?+
PingPong operates via an RBI-approved liaison office, not a licensed PA-CB. Adyen is an RBI-authorised online payment aggregator (July 2024) with PA-CB for outward, import-side flows only.
Is PingPong or Adyen better for freelancers or businesses?+
Amazon, Shopify and Etsy sellers who want direct marketplace payout integrations lean towards PingPong. Enterprises with an Indian entity acquiring omnichannel at scale lean towards Adyen — it is not an option for exporters collecting from abroad.
Is there a better alternative to PingPong and Adyen for receiving money in India?+
Skydo is built for Indian exporters and freelancers. It charges a flat fee ($19 up to $2k, $29 up to $10k, 0.3% above) that works out cheaper than a percentage fee as invoices grow, with zero forex markup, instant FIRA on every payment, one-click eBRC and EDPMS closure assistance, built-in GST-compliant invoicing, full RBI PA-CB authorisation, and India-based support.

Ready to save more on international payments?

Start receiving global payments with Skydo and keep more of what you earn.