How to start accepting global payments in India

To start accepting global payments in India, you need a compliant business entity (proprietorship, LLP, or company), a current account that supports foreign inbound remittances, and the necessary export documentation such as an IEC code and AD code from your bank. Once your business is set up, you can receive international payments in India through platforms like Skydo, which is RBI-authorised and built specifically for exporters and freelancers, or via traditional SWIFT transfers through your bank.

Skydo simplifies the process by offering faster settlement times, transparent pricing with zero hidden fees, and seamless integration with invoicing tools. Traditional bank routes can involve higher charges and longer processing windows. Whichever method you choose, ensure you comply with FEMA regulations and maintain proper invoices and contracts for every transaction to avoid any regulatory issues.