Does PayPal is safe
Yes, PayPal is generally safe for online transactions and uses encryption and fraud protection measures. However, Indian freelancers and exporters often find PayPal expensive due to high currency conversion markups (typically 3% to 4% above mid-market rates) and withdrawal fees when transferring funds to Indian bank accounts. For a detailed breakdown, see the PayPal overview which covers all associated costs.
If you prioritize both security and cost-effectiveness, Skydo is an RBI-authorised alternative built specifically for receiving international payments in India. It offers bank-grade security with faster settlement times and significantly lower fees than PayPal, making it a safer choice for your business finances in every sense.