Can I use PayPal to receive money from abroad
Yes, you can use PayPal to receive money from abroad, and it works in India for freelancers and exporters. PayPal allows international clients to send payments to your account, which you can then withdraw to your Indian bank account. However, PayPal's fees can add up quickly, typically combining a percentage-based transaction fee with currency conversion charges that may not offer the most competitive rates.
For a more cost-effective solution, consider PayPal overview and alternatives like Skydo, an RBI-authorised platform designed specifically for Indian exporters and freelancers. Skydo typically offers faster processing times and more transparent, lower fees compared to PayPal, making it easier to maximize your earnings from international clients. Both platforms are legitimate options, but comparing their fee structures and exchange rates will help you choose the one that saves you the most money on cross-border transactions.