How do I avoid PayPal’s currency conversion fees?
To avoid PayPal's currency conversion fees, change your PayPal account settings to accept payments in the sender's original currency (such as USD or EUR) rather than letting PayPal convert it to INR. When you receive funds, choose "Keep this currency" in your multi-currency balance. Then withdraw to your Indian bank account or use a third-party service with better rates to handle the conversion. Understanding currency conversion fees helps you compare options more effectively.
Alternatively, switch to a platform like Skydo, an RBI-authorised cross-border payments solution that offers transparent, low-cost forex rates and faster settlement times for Indian exporters and freelancers. By receiving payments directly through Skydo instead of PayPal, you eliminate the need to work around high conversion margins altogether.