What currency does PayPal use

PayPal supports over 25 currencies, including USD, EUR, GBP, CAD, AUD, and INR. When you receive a payment, it arrives in the currency your client sends, and you can hold balances in multiple currencies within your PayPal account. However, converting these funds to INR or withdrawing to an Indian bank often incurs currency conversion fees that can reach 3% to 4%, plus additional withdrawal charges.

Indian freelancers and exporters looking for a more cost-effective alternative often turn to PayPal overview comparisons to evaluate platforms like Skydo. As an RBI-authorised cross-border payment solution, Skydo offers competitive exchange rates and lower fees, helping you retain more of your earnings when receiving international payments in multiple currencies.