Global payments
Posted on Apr 17, 2025
When receiving payments internationally, users like exporters, freelancers, and even SMBs want a platform that fulfils all their requirements in one place. PayPal and Infinity are such platforms that understand users' needs and help them streamline their international payment process.
Infinity is known for its cheapest flat fee structure while PayPal has established its huge name when talking about international payments. Both PayPal and Infinity are well-built platforms, making the process of international payments seamless just like the dosmestic ones.
Let's dive into this blog to find out whether Infinity or PayPal is a better pick for you, depending on their features and pricing, with examples.
What is Infinity?
Infinity is a business banking platform specially designed for Indian SMBs, startups, freelancers and exporters to help them receive international payments. Infinity helps you receive your international payment in over 50+ currencies. All you need is an Infinity multi-currency account, where you can receive your payment in multiple currencies.
Infinity offers a user-friendly dashboard with advanced security features to protect its users' money and information. Infinity provides 24/7 customer support to its users to make sure your money is safe, and you don't feel stuck with your money or information.
Infinity has a transparent fee structure, which makes it easier for the users to break down the price that they are paying. Infinity also offers instant and free-of-cost FIRA to its users after every transaction. This is a must-have feature as this ensures transparency and complaince to regulatory requirements.
Infinity allows you to receive international payments at live FX rates(Google rate), and you can convert and withdraw your money at your preferred rate. There is no FX markup that is being charged by Infinity, so you pay the real rates and nothing extra.
How much do you pay?
When it comes to pricing, Infinity offers the best in the market. Below is the breakdown of how much you are paying for receiving your international payments.
Infinity charges a flat fee of 0.5% (inclusive of all) platform fees.
You receive your international payment at a live FX rate(Google rate), so there is zero markup.
Infinity allows you to convert and withdraw your money at your preferred live FX rate.
Infinity provides you with instant and free-of-cost FIRA. So, zero additional charges for compliance.
Let's understand this better with the help of an example. Suppose you are about to receive a payment of 1000 USD from your client. Using Infinity's multi-currency account, you can receive this payment by paying 0.5%(inclusive of all) at a live FX rate. So, taking the live FX rate as 85.37, you receive ₹ 84,943.15 within 1 day.
What is PayPal?
PayPal in India has established a huge name for itself when it comes to receiving international payments. Founded in the year 1998, Paypal has been a go-to platform for users in India for receiving international payments. PayPal brings buyers and sellers together and acts as a middleman for receing and sending international payments.
All you have to do is to open a business account with PayPal, add your domestic bank account details to it and you are ready to receive international payments across the globe.
Paypal supports receiving money through various methods, like debit/credit card, subscription model. PayPal is accepted in 200 countries and region and supports 25 currencies across the globe.
When talking about safety, PayPal in India has top-notch fraud prevention solutions and world-class anti-fraud detection to keep your money and information safe. However, customer support is not fully tailored for Indian needs.
How much do you pay?
PayPal in India charges a 4.4% platform fee.
PayPal charges a fixed fee depending upon the currency. For example, if you are receiving money in USD it charges 0.30 USD. If in EUR, it charges, 0.35 EUR etc.
PayPal in India also charges a currency conversion fee, that is 4% of the existing FX rate. This is charged when ypu convert your international payment in to INR.
PayPal offers a monthly FIRA to its users, helping them to comply with regulations.
Suppose you are receiving a payment of 1000 USD at a live FX rate of 85.37 from your client. You will have to pay a 4.4% platform fee+ 0.30 fixed fee+ 4% currency conversion fee. This makes your payment approximately 78,320 INR.
Infinity or PayPal: Who saves you more?
Both Infinity and PyPal help you in receiving international payments with ease and offer similar services that help you streamline the process of receiving international payments. But what makes Infinity different from PayPal is the price that you are paying to receive your money.
With the above example of receiving 1000 USD, we see that you can easily save up to INR 6000 on one payment. This eventually gets added, and you can save in Lakhs annually by saving on the transaction fees.
Infinity also offers you a dedicated customer support for all your needs and helps you with seamless onboarding process. Choosing a right payment partner for your business is important. Factors like transaction fees, compliance and FIRA, onboarding process and customer support all comes in to consideration.
At Infinity, we offer you all the above requirements at the right cost and make your international payment process seamless.
