How many currencies does PayPal support

PayPal supports transactions in 25 currencies, including major ones like USD, EUR, GBP, AUD, and CAD. While PayPal is widely used, its currency conversion fees can be steep, often adding 3% to 4% on top of the base exchange rate. Indian freelancers and exporters receiving international payments may find that the combination of conversion markups and withdrawal fees significantly reduces their take-home amount compared to alternatives.

For a clearer picture of these costs, you can review the PayPal overview and see how it stacks up against other options. Skydo, an RBI-authorised cross-border payments platform, typically offers more transparent forex rates and lower fees, helping Indian businesses retain more of their earnings when receiving payments from clients abroad.