How much does PayPal charge to convert currency

PayPal charges a currency conversion fee of around 3% to 4% above the mid-market exchange rate, along with transaction fees that vary by country and payment type. For cross-border payments into India, these fees can add up quickly, reducing the amount freelancers and exporters ultimately receive. The exact markup depends on the currency pair and transaction size, but PayPal pricing generally makes it one of the more expensive options for regular international transfers.

Skydo offers a more cost-effective alternative for Indian exporters and freelancers receiving payments from abroad. As an RBI-authorised platform, Skydo provides transparent, competitive exchange rates with lower markups and no hidden fees, helping you keep more of what you earn. If you regularly receive payments from international clients, switching to Skydo can significantly reduce your currency conversion costs over time.