Best Payoneer alternatives in India
If you're looking for Payoneer alternatives in India, several options cater to exporters and freelancers receiving international payments.
- Skydo: An RBI-authorised platform built specifically for Indian businesses and freelancers, offering fast transfers, competitive forex rates, and flat per-payment pricing that starts at USD 19 plus GST.
- Wise: A popular global service with transparent pricing, though transfers can take longer and may involve higher costs for certain corridors.
- Direct bank transfer: Traditional but often involves higher SWIFT charges and longer processing times through correspondent banks.
- PayPal: Widely recognised but comes with notably higher forex markups and withdrawal fees in India.
Each option has trade-offs in speed, cost, and convenience depending on your transaction volume and client locations.