How to open PayPal account in India for freelancer
To open a PayPal account in India as a freelancer, visit the PayPal website, click "Sign Up," and select the business account option. Provide your business details, email address, and phone number, then link an Indian bank account and complete KYC verification with PAN and address proof. However, PayPal's high fees (around 4% to 5% per transaction plus currency conversion charges) and longer withdrawal times can significantly reduce your earnings.
For a more cost-effective solution, consider Skydo, an RBI-authorised platform designed specifically for Indian freelancers and exporters. Skydo offers faster transfers, lower fees, and better exchange rates than traditional options, making it easier to manage international payments efficiently. You can also receive payments via direct bank transfers using SWIFT, though processing times may be longer and fees higher compared to modern fintech solutions.