Wise alternatives
If you're looking for Wise alternatives to receive international payments in India, several options are worth considering.
- Skydo: An RBI-authorised platform built specifically for Indian exporters and freelancers, offering fast transfers, typically within 1 to 3 business days, and highly competitive rates with transparent pricing.
- Direct bank transfer: Allows clients to send funds directly to your Indian bank account via SWIFT or local networks, though processing times and fees vary by bank.
- PayPal: Widely recognized globally but charges relatively high fees for international transfers and currency conversion when withdrawing to Indian accounts.
- Payoneer: Provides virtual receiving accounts in multiple currencies with moderate fees, suitable for freelancers working with international marketplaces.
Each option has trade-offs in speed, cost, and ease of use, so evaluate based on your specific payment volumes and client locations.