USD to INR
Payoneer vs PayPal in India
A US client pays you $100, $1,000, or $10,000. Here’s how much arrives in your Indian bank account.
Researched by Harry Guinness Sources checked 11 September 2026 Sources and assumptions
Fee comparison
Payoneer is cheaper at $100, $1,000, and $10,000.
Payoneer charges 3%: $3.00, $30.00, and $300.00. PayPal charges $7.56, $72.97, and $727.09.
$100: Payoneer saves $4.56. $1,000: Payoneer saves $42.97. $10,000: Payoneer saves $427.09. These figures exclude Payoneer’s $29.95 annual fee if you receive less than $6,000 in 12 months.
- Invoice
- USD 100, USD 1,000, and USD 10,000
- Invoice currency
- USD
- You receive
- INR
- Payment route
- US client bank payment
The numbers
Fees by invoice amount
Both providers use the same USD-to-INR rate here.
Invoice
$100
Payoneer is cheaper- Fee
- $3.00
- Reaches your bank
- ₹9,311.19
- Fee
- $7.56
- Reaches your bank
- ₹8,873.47
Payoneer saves $4.56 About ₹438 more reaches your bank
Invoice
$1,000
Payoneer is cheaper- Fee
- $30.00
- Reaches your bank
- ₹93,111.90
- Fee
- $72.97
- Reaches your bank
- ₹88,987.14
Payoneer saves $42.97 About ₹4,125 more reaches your bank
Invoice
$10,000
Payoneer is cheaper- Fee
- $300.00
- Reaches your bank
- ₹931,119.01
- Fee
- $727.09
- Reaches your bank
- ₹890,121.93
Payoneer saves $427.09 About ₹40,997 more reaches your bank
Fee sources
Payoneer
- Payoneer fee for receiving USD by local bank transfer Payoneer India multi-currency account Checked 11 September 2026
- Payoneer fee for converting USD and sending INR to your bank Payoneer India fee update Checked 11 September 2026
- Supporting evidence Payoneer India pricing Checked 11 September 2026 Shows the broader 1% to 4% withdrawal range and the separate $29.95 annual account fee. It does not apply in a year when an Annual Plan is charged, and a paid Annual Plan waives it in the first plan year. The country-specific fee update fixes the India withdrawal rate at 3%.
PayPal
- international commercial transaction percentage PayPal Merchant Fees — India Checked 12 September 2026
- USD fixed commercial transaction fee PayPal Merchant Fees — India Checked 12 September 2026
- received-payment currency conversion spread PayPal Merchant Fees — India Checked 12 September 2026
- standard withdrawal to an Indian bank account PayPal Merchant Fees — India Checked 12 September 2026
Send your next invoice
Create a USD invoice for your client. Fieldfare will track what you actually receive after fees and currency conversion.
Sources and assumptions
How we calculated it
For each invoice amount, we took each provider’s USD fees in the order charged. We converted what was left to INR at the same daily rate, then took any local bank-withdrawal fee.
Exchange rate
We used 1 USD = 95.99 INR, from Open Exchange Rates on 19 September 2026.
Payment details
- Account: Indian freelancer or sole trader
- Conversion: USD received and converted to INR
- Payout: INR sent to a verified Indian bank account
Found an error?
Send Harry the source and he’ll correct it.
