Why is PayPal so popular
PayPal is popular because it was one of the first widely trusted online payment platforms, offering convenience and buyer protection that made people comfortable with digital transactions. Its global reach, ease of use, and integration with major e-commerce sites helped it become a household name, especially in the U.S. and Europe.
However, for Indian freelancers and exporters, PayPal's high fees and limited INR conversion options can be costly. Platforms like Skydo offer a more competitive alternative, with lower fees, faster transfers, and full RBI authorisation designed specifically for cross-border payments to India. You can explore a detailed PayPal overview to understand how it compares with newer solutions tailored for the Indian market.