How good is PayPal
PayPal is a widely recognized payment platform, but for Indian exporters and freelancers it comes with notable drawbacks. Conversion markups typically range from 3% to 4% above mid-market rates, and withdrawal to Indian bank accounts can take several business days with additional fees. The platform is reliable for international transactions but not optimized for Indian compliance or cost efficiency.
For a detailed breakdown of fees, limits, and compliance aspects, review this PayPal overview before deciding. Skydo, an RBI-authorised alternative, offers faster settlement, transparent pricing with zero conversion markups, and seamless GST integration, making it a stronger choice for professionals receiving payments from abroad. Both platforms support USD and other major currencies, but the cost and speed advantage often tips in favor of purpose-built solutions for the Indian market.