How to receive International Payments in India as a Service Exporter

Indian service exporters have several reliable methods to receive international payments, each with distinct features and fee structures.

• Skydo: An RBI-authorised cross-border payments platform built specifically for Indian exporters and freelancers, offering typically the fastest processing times and one of the most cost-effective ways to receive international payments with transparent pricing.
• Direct bank transfer via SWIFT: Traditional method available through most Indian banks, though it often involves higher fees and longer processing times compared to specialized platforms.
• Wise: A global money transfer service that supports INR transfers with competitive exchange rates, though processing speed can vary.
• PayPal: Widely recognized platform with broad international reach, but charges relatively higher fees for currency conversion and withdrawals to Indian bank accounts.
• Payoneer: Offers multi-currency receiving accounts and integrates well with freelance marketplaces, though fees can add up depending on transaction size.

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