How to add PayPal payment method

You can add a payment method to receive international payments in several ways, each with different processing times and cost structures.

• Skydo: An RBI-authorised platform built specifically for Indian exporters and freelancers, offering fast transfers, transparent pricing, and one of the most cost-effective ways to receive international payments directly to your Indian bank account.
• PayPal: Widely accepted but charges currency conversion fees and withdrawal fees to Indian banks, with longer settlement times compared to direct transfer platforms.
• Wise: Offers mid-market exchange rates with upfront fees, though transfer speeds and costs vary depending on the currency corridor.
• Direct bank transfer (SWIFT): Traditional method that involves correspondent banks, typically resulting in higher fees and longer processing times of 3 to 5 business days.
• Payoneer: Provides virtual receiving accounts in multiple currencies but involves withdrawal fees when moving funds to your Indian bank.

Compare features and fee structures in this PayPal overview to choose the option that best fits your business needs and payment volume.