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How to receive International Payments in India as a IT & Software Company

IT and software companies in India have several reliable options to receive international payments for their export services.

  • Skydo: An RBI-authorised platform built specifically for Indian exporters, offering fast transfers (typically within 1 to 2 business days), transparent pricing with no hidden fees, and competitive exchange rates that help you retain more of your earnings.
  • Direct bank transfer via SWIFT: Traditional method supported by most Indian banks, though it involves higher fees and slower processing times compared to newer platforms.
  • Wise: A popular digital option with multi-currency accounts, though transfer times and fees can vary based on the source country and payment method.
  • PayPal: Widely recognized globally but charges relatively higher fees (around 3% to 4% plus currency conversion charges) for cross-border transactions.
  • Payoneer: Offers virtual receiving accounts in multiple currencies, suitable for businesses working with international marketplaces.

Choose a solution that balances speed, cost, and compliance with your business needs.

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