We plan to bring eChai across 100 cities in India. It starts with eChai Startup Demo Day on 26 September, all in person. 11 cities confirmed, 182 founders registered. Any city that reaches 20 interested founders is on too. See your city
Go global, cross-border

What's the cheapest, fastest way for an Indian exporter to actually receive USD/GBP payments?

For B2B export invoices, export-focused platforms like Skydo now beat both PayPal and Payoneer on cost, flat fees and close to the mid-market FX rate, versus PayPal's roughly 4%+ markup and transaction fee. Wise is the strong general-purpose alternative with a genuine mid-market rate; Payoneer remains the default for marketplace payouts (Amazon-style platforms) specifically. Whichever you pick, make sure it issues an FIRC/FIRA automatically, you'll need it for GST and RoDTEP claims.

Go deeper

2 resources, 1 India-specific, 2 link-checked.

📄 Article
✓ Link checked India Free Beginner

A practical, India-specific walkthrough of the actual mechanics, routing, SWIFT, FIRC, written by a company built specifically for Indian exporters receiving foreign payments.

How to Receive International Payments in India

From skydo.com by Skydo

  • Covers the practical routing/SWIFT mechanics of receiving foreign payments into India
  • Explains FIRC/FIRA generation as part of the payment flow
  • Compares flat-fee export platforms against traditional bank wires
Open skydo.com →
📄 Article
✓ Link checked Free Beginner

A comparison of the two most common global payout platforms from a third option (Wise), useful before you default to whichever one you've heard of first.

PayPal vs Payoneer: The Best Choice for Your Business?

From wise.com by Wise

  • Compares PayPal and Payoneer fee structures and use cases side by side
  • PayPal favors broad buyer acceptance; Payoneer favors marketplace and freelance payouts
  • Useful baseline before adding India-specific platforms into the comparison
Open wise.com →

Terms in this answer

Marketplace Mid-Market

People also ask

Payoneer vs Wise vs Razorpay/Skydo, which should I use to get paid by international customers? 2 → Do I need an FIRC/FIRA for every international payment, and why does it matter? 3 → How do I price the same product differently for the US, UK and UAE without looking inconsistent? 3 → What RBI/FEMA rules do I actually need to know as a D2C exporter accepting foreign payments? 3 → How much of my international sale actually gets eaten by FX markup, gateway fees and chargebacks? 2 →
eChai Partner Brands