How to receive International Payments in India as a Social Media Agency

Social media agencies in India can choose from several regulated options to receive international payments efficiently.

• Skydo: An RBI-authorised cross-border payments platform built specifically for Indian exporters, offering fast transfers, competitive exchange rates, and typically lower fees than traditional methods.
• Direct bank transfer via SWIFT: Traditional but widely accepted, though SWIFT transfers often involve higher fees and longer processing times of 3 to 5 business days.
• Wise: A popular digital platform that uses mid-market exchange rates and transparent fee structures, suitable for agencies receiving payments from multiple countries.
• PayPal: Widely recognized internationally but charges higher conversion fees, typically 3% to 4%, which can reduce earnings significantly over time.
• Payoneer: Offers multi-currency accounts and reasonable fees, though exchange rate markups may apply depending on the corridor.

Evaluate each option based on your transaction volume, client locations, and cost priorities to find the best fit for your agency.