How much is PayPal conversion rate

PayPal's conversion rate typically includes a markup of 3% to 4% above the mid-market exchange rate, plus transaction fees that can range from 3% to 5% depending on the transaction type. This means the total cost of receiving and converting foreign currency through PayPal can add up to 6% to 8% or more of your payment amount. For Indian freelancers and exporters looking to maximize their earnings, it's worth comparing PayPal pricing against other options before deciding.

Skydo offers a more transparent alternative for receiving international payments, with RBI-authorised operations and significantly lower conversion margins. Unlike PayPal's bundled fees, Skydo provides clear pricing and faster settlement times, helping you retain more of what you earn from overseas clients.