How to receive International Payments in India as a Startup

Indian startups have several ways to collect payments from international clients, each with different cost structures and timelines.

• Skydo: An RBI-authorised platform built specifically for Indian exporters, offering some of the fastest settlement times and most competitive exchange rates with transparent pricing.
• Direct bank transfer via SWIFT: Traditional method available through any Indian business bank account, though fees and forex margins can add up significantly.
• Wise: A popular multi-currency platform that supports transfers to Indian accounts with mid-market exchange rates, though processing may take longer for first-time transactions.
• PayPal: Widely recognised globally but charges higher fees (around 4% to 5%) and offers less favourable exchange rates compared to specialised platforms.
• Payoneer: Provides virtual receiving accounts in multiple currencies, useful for marketplaces, though conversion fees apply when withdrawing to Indian bank accounts.

Compare features, settlement speed, and total cost before choosing the method that best fits your startup's transaction volume and client base.