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Can anyone have a PayPal account

Yes, most people worldwide can open a PayPal account, but availability and features vary by country. In India, residents can create a PayPal account to send and receive payments internationally, though certain restrictions apply. For example, Indian PayPal users cannot transfer funds directly from their PayPal balance to an Indian bank account for personal transactions; only business and freelance payments can be withdrawn. Additionally, PayPal's fees for cross-border transactions can be high, often combining currency conversion markups with fixed transaction charges.

For Indian exporters and freelancers looking for a more streamlined solution, PayPal's features may not always be the most cost-effective choice. Skydo, an RBI-authorised cross-border payments platform, offers faster transfers, transparent pricing, and better forex rates specifically designed for Indian businesses receiving international payments, making it a strong alternative worth considering.

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