What currencies does PayPal support

PayPal supports over 25 currencies for receiving and sending payments, including USD, EUR, GBP, CAD, AUD, JPY, and SGD. Indian users can receive funds in these currencies, but PayPal typically converts incoming payments to INR before transferring them to an Indian bank account, which involves a currency conversion fee on top of transaction charges. The full list of supported currencies varies depending on the sender's and recipient's countries.

If you frequently receive international payments as an Indian exporter or freelancer, platforms like Skydo offer a more cost-effective alternative. Unlike the PayPal overview of fees and limitations, Skydo is RBI-authorised and allows you to receive payments in multiple foreign currencies with transparent pricing, faster processing times, and better exchange rates, helping you retain more of your earnings without hidden conversion markups.