How to use Payoneer in India

To use Payoneer in India, first sign up on the Payoneer website and complete KYC verification with your PAN and address proof. Once approved, you can receive payments from international clients into your Payoneer account. You can then transfer funds to your Indian bank account in INR, though this typically involves currency conversion fees and processing time of 2 to 5 business days. Payoneer also offers a prepaid card for ATM withdrawals, though fees apply.

Before committing, it's worth reviewing Payoneer pricing against alternatives like Skydo, an RBI-authorised platform built specifically for Indian exporters and freelancers. Skydo often delivers faster transfers and more transparent pricing, helping you keep more of what you earn while staying fully compliant with Indian regulations.