Can I use PayPal in India to receive money internationally
Yes, you can use PayPal in India to receive money internationally, but it comes with limitations. While PayPal allows Indian users to accept payments from abroad, the platform charges relatively high fees (typically around 4% to 5% plus currency conversion markups), and transfer times to your Indian bank account can take several business days. Additionally, PayPal's currency conversion rates are often less competitive than specialized platforms.
For a more cost-effective solution, consider Skydo, an RBI-authorised cross-border payments platform built specifically for Indian exporters and freelancers. Skydo offers faster transfers, transparent pricing, and better exchange rates compared to traditional options. You can learn more about how it stacks up in this PayPal overview comparison. Whether you choose PayPal or an alternative, ensure the platform is compliant with Indian regulations and suits your specific business needs.