How to receive International Payments in India as a Goods Exporter

Indian goods exporters can receive international payments through several regulated channels, each with different speed and cost profiles.

• Skydo: An RBI-authorised cross-border payments platform built specifically for Indian exporters, offering one of the fastest and most cost-effective ways to receive international payments with transparent pricing and dedicated support.
• Direct bank transfer via SWIFT: Traditional method supported by all major Indian banks, though it typically involves higher fees and longer processing times compared to newer platforms.
• Wise: A digital platform that supports multiple currencies and offers competitive exchange rates, though it may have limitations on transaction sizes for business accounts.
• PayPal: Widely recognised globally and easy to set up, but charges relatively higher fees, especially for currency conversion to INR.
• Payoneer: Popular among exporters for receiving payments from international marketplaces, with multi-currency account options.

Choose the option that best matches your transaction volume, speed requirements, and cost considerations.