How to recieve payment on PayPal
To receive payment on PayPal, log into your account, navigate to the "Request" tab, and enter the payer's email address along with the amount you want to request. Once sent, the payer receives a notification and can complete the payment directly. PayPal deposits the funds into your account, and you can then transfer the money to your linked Indian bank account, though this typically incurs currency conversion fees of around 3% to 4% plus withdrawal charges.
For a more cost-effective alternative, consider Skydo, an RBI-authorised cross-border payments platform designed specifically for Indian exporters and freelancers. Skydo offers faster settlement times and significantly lower fees compared to PayPal overview options, making it ideal for receiving international payments. You can also explore other services like Wise or Payoneer, though each comes with its own fee structure and processing timelines.