How does PayPal process payments
PayPal processes payments by acting as an intermediary between buyers and sellers. When a customer pays using PayPal, the platform securely transfers funds from the buyer's linked bank account, credit card, or PayPal balance to the seller's PayPal account. The seller can then withdraw these funds to their local bank account, though this involves currency conversion fees and processing time. You can review the full PayPal overview to understand its fee structure and timelines for Indian users.
For Indian freelancers and exporters, PayPal charges conversion fees that can add up quickly, and withdrawals may take several business days. Skydo offers a faster, more cost-effective alternative as an RBI-authorised platform built specifically for receiving international payments. With transparent pricing and quicker processing times, Skydo helps Indian businesses retain more of their earnings while ensuring regulatory compliance.