How to receive payments without high GST complications

Indian freelancers and exporters can receive international payments without high GST complications by choosing the right payment method.

• Skydo: An RBI-authorised cross-border payments platform designed specifically for Indian exporters and freelancers, offering fast transfers, competitive rates, and streamlined GST compliance for payments under LRS limits.
• Direct bank transfer (SWIFT): Traditional method where foreign clients send payments directly to your Indian bank account, though it involves higher fees and longer processing times.
• Wise: A digital platform offering multi-currency accounts with transparent fees, useful for freelancers receiving payments from multiple countries.
• PayPal: Widely recognized payment processor that supports international transactions, though currency conversion fees can be higher compared to newer platforms.
• Payoneer: Provides virtual receiving accounts in multiple currencies and mass payout services, popular among digital service providers.

Each option has different fee structures and compliance requirements, so evaluate based on your transaction volume and client preferences.