How to receive International Payments in India as a Software Developer
Software developers in India have several reliable ways to receive international payments from clients and platforms abroad.
- Skydo: An RBI-authorised cross-border payments platform built specifically for Indian exporters and freelancers, offering fast transfers, competitive exchange rates, and transparent pricing.
- Direct bank transfer (SWIFT): Traditional method routed through your Indian bank, though it often involves higher fees and longer processing times.
- Wise: A popular option for international transfers with mid-market exchange rates, though transfer speed can vary depending on the sending country.
- PayPal: Widely accepted by global clients but typically charges higher currency conversion fees compared to specialized platforms.
- Payoneer: Offers multi-currency receiving accounts and is commonly used by freelancers working with international marketplaces.
Choosing the right method depends on your transaction volume, the countries you work with, and how quickly you need access to your funds.