Does PayPal charge conversion fees

Yes, PayPal charges conversion fees when you receive payments in a currency different from your account's primary currency. The fee typically includes a currency conversion spread of around 3% to 4% above the wholesale exchange rate, which can significantly reduce the amount you actually receive. PayPal also charges transaction fees for receiving cross-border payments, and these costs add up quickly for freelancers and exporters handling regular international transactions.

If you want a clearer view of these costs, you can review PayPal pricing in detail and compare it with alternatives. Skydo, for instance, is an RBI-authorised platform that offers more transparent pricing and better exchange rates for Indian exporters and freelancers, helping you keep more of what you earn from international clients.