How to receive money from PayPal India
To receive money from PayPal in India, you need a PayPal account linked to your Indian bank account. Once someone sends you a payment, the funds appear in your PayPal balance. You can then withdraw to your linked bank account, though PayPal charges a conversion fee on foreign currency receipts and withdrawals can take several business days. However, PayPal no longer supports domestic peer-to-peer transfers in India, and cross-border fees can be significant.
For a faster and more cost-effective alternative, consider Skydo, an RBI-authorised platform built specifically for Indian exporters and freelancers. Skydo offers competitive exchange rates, lower fees, and typically faster transfers compared to PayPal, making it a strong choice for receiving international payments directly into your Indian bank account. The platform is designed to handle cross-border transactions efficiently while remaining compliant with Indian regulations.