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Accept International Payments for Freelancers in India 🇮🇳

Compare various providers including Wise, PayPal, Bank Transfer, and Copperx Income. Receive your payments at just $1 per transaction with zero exchange rate.

Tarun Mangukiya
Tarun Mangukiya
Nov 10 2023

In the era of globalization, the freelancing community in India is expanding at a phenomenal pace. According to reports, it is projected to grow to $20-30 billion by 2025.

India is the world's largest hub for IT freelancers and agencies.

However, one of the critical challenges they face is receiving payments from international clients efficiently and cost-effectively. Usually, freelancers are paying 4-8% in fees just to receive payments for their work.

In this article, we are exploring the best ways for freelancers in India to accept international payments, taking into consideration factors like ease of use, fees, exchange rates, and reliability.

1. PayPal

Overview: PayPal is one of the most popular payment platforms globally, known for its security and widespread acceptance.


  • Widely Accepted: Accepted in over 200 countries and supports 25 currencies.
  • Ease of Use: Simple and user-friendly interface.
  • Buyer & Seller Protection: Provides protection for both parties in a transaction.


  • Higher Fees: Transaction fees can be as high as 7-8%.
  • Currency Conversion Fees: Additional costs for converting currency (~3%).

Ideal for: Small to medium-sized transactions where convenience is a priority.

2. Wise (Formerly TransferWise)

Overview: Wise is a cost-effective solution for freelancers to receive payments in multiple currencies. It is widely popular among freelancers.


  • Low Fees: Generally lower fees compared to other services around 1% to 3%.
  • Real Exchange Rate: Uses the mid-market rate for currency conversion.
  • Multi-currency Account: If you are a business, it allows you to receive money in multiple currencies.


  • Limited Awareness: Not as widely known or used by international clients as PayPal.
  • Transfer Time: This can be slower than some other methods.
  • Challenging Customer Support: Many users are complaining about their customer support on G2 and TrustRadius.

Ideal for: Freelancers who regularly deal in multiple currencies and prioritize cost-efficiency.

3. Direct Bank Transfers (SWIFT)

Overview: Traditional bank transfers using the SWIFT network.


  • Direct Transfer: Money goes directly into your bank account.
  • Security: Highly secure, backed by banking institutions.
  • High Transfer Limits: Suitable for large transactions.


  • Higher Fees and Hidden Charges: Both sender and receiver may incur significant fees. Also, many times there is a missing clarity about the exact amount of fees.
  • Exchange Rate: Usually the exchange rate is 1% to 2% which is lower compared to Google's rate.
  • Slow Process: Can take several days (7-10 days) to process.
  • Difficulty in tracking: It's very difficult to track payments due to low visibility in banking dashboards.

Ideal for: High-value transactions where trust and security are paramount.

4. Payoneer

Overview: Payoneer specializes in B2B payments and is quite popular among freelancers for international transactions.


  • Lower Fees: Generally lower fees than PayPal.
  • Flexibility: Supports multiple currencies and direct bank transfers.
  • Global Reach: Accepted in over 200 countries.


  • Withdrawal Fees: Fees apply when withdrawing money to a local bank account.
  • Annual Charges: There might be annual maintenance fees.

Ideal for: Agencies who require a more business-oriented solution and deal with regular, larger payments.

5. Income by Copperx

Overview: An emerging method for receiving international payments at a very affordable pricing for freelancers. We use local partnerships across the globe, advanced technology, and the blockchain.


  • Low Transaction Fees: $1 fixed per transaction.
  • Fast Transfers: Usually takes 1 minute to 10 minutes to receive funds in an Indian bank account.
  • Real Exchange Rate: Uses the mid-market rate for currency conversion.


  • Global Reach: Currently available to receive payments from the US and Europe.
  • Available for: freelancers only as of now.
  • Technical Know-How: We use advanced blockchain technology and if you are receiving > 20 lakhs, it can require changes in the tax filing process.

Ideal for: Tech-savvy freelancers who want to save high fees charged by other providers. You can save as much as INR 3000 per transaction for receiving $1000.

6. Cryptocurrency/Stablecoin Payments

Overview: An emerging method involves receiving payments in cryptocurrencies like USDT, USDC, Bitcoin, Ethereum, etc.


  • Low Transaction Fees: Often lower than traditional banking methods.
  • Fast Transfers: Almost instantaneous transactions.
  • Borderless Transactions: No need to worry about currency conversion.


  • Volatility: Cryptocurrency prices are highly volatile.
  • Regulatory Concerns: Cryptocurrency regulations in India are still evolving.
  • Technical Know-How: Requires a good understanding of blockchain and cryptocurrencies.

Ideal for: Individuals and Agencies willing to navigate the complexities of cryptocurrency.

Tips for Choosing the Right Payment Method:

  1. Use case: Choose Copperx Income, Wise, or PayPal if you are an individual.
  2. Transaction Amount: Choose a method that suits the size and frequency of your transactions.
  3. The Fees: Be clear about transaction fees, currency conversion fees (exchange rates), and any hidden charges.
  4. Consider Transfer Speed: If you need quick access to funds, consider faster methods like PayPal or cryptocurrency.
  5. Check Currency Requirements: If you deal in multiple currencies, a multi-currency account could be beneficial.
  6. Stay Informed about Regulations: Especially relevant for cryptocurrency and sometimes even for traditional banking methods.
  7. Client Convenience: Choose a method that is convenient for both you and your client.

You can easily compare exchange rates, fees, and speed here.


There's no one-size-fits-all solution when it comes to receiving international payments for freelancers in India. It's about balancing costs, convenience, speed, and reliability. PayPal, Wise, Payoneer, direct bank transfers, Copperx Income, and cryptocurrencies all offer different advantages. Evaluate your specific needs, transaction volumes, and client preferences to choose the most suitable method.

As the world becomes more interconnected, staying informed and adaptable in your payment methods will position you for continued success in the global freelancing market.

We, at Copperx Income, are trying to solve this problem by providing the best exchange rate, fixed fees, better speed, and a way to track and manage your international freelancing payments under a single-powerful dashboard.

We charge fixed $1 per transaction to receive international payments for freelancers.

Sign up now at: and save 3% to 5% in fees for your payments.

Thank you for reading :)
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Tarun Mangukiya

Tarun Mangukiya

Co-founder, Copperx On a mission to simplify payments using blockchain. I love coding & building products.

Piers Technology Inc is a financial technology company, not a bank or a money services business. Certain services are provided by our licensed partners across the globe. By creating your account on Copperx, you agree to our terms and conditions, our partners' terms, to all applicable laws and regulations, and agree that you are responsible for compliance with any and all applicable local laws.