Why is PayPal fee so high
PayPal fees are high because the platform charges a combination of transaction fees, currency conversion markups, and withdrawal costs. For transactions in India, PayPal typically applies a fee of around 4.4% plus a fixed charge per transaction, and its currency conversion rates often include a markup of 3% to 4% above the mid-market rate. These costs accumulate quickly, especially for freelancers and exporters handling regular international payments.
If you're looking for a more cost-effective alternative, platforms like Skydo offer significantly lower fees and transparent pricing. As an RBI-authorised cross-border payments platform built specifically for Indian exporters and freelancers, Skydo provides competitive exchange rates and faster processing times. You can explore a detailed PayPal overview to understand how different platforms compare and find the best fit for your business needs.