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Payoneer vs Remitly (2026): Which Is Better for Receiving International Payments in India?

Author:: Editorial team, serviceexportguide.com
Verified by:: Editorial team
Published: 28 October 2026
Last modified: 28 October 2026
Fees checked on: 28 October 2026
Reading time: 15 min read

Short answer

Remitly publishes enough pricing to estimate the cost of a USD 5,000 receipt, so there is no cost verdict. The better choice depends on how your client pays: Payoneer is best for marketplace payouts such as Amazon or Upwork, and Remitly is best for uS or Canadian business clients already using Remitly.⁴⁵⁶⁷

Use case	Better option	Why
Bank transfer of USD 5,000	Cannot compare	Payoneer costs about 1.00 to 4.00%; Remitly does not publish full pricing.¹²³
Bank transfer of USD 2,000	Cannot compare	Payoneer costs about 1.00 to 4.00%; Remitly does not publish full pricing.¹²³
Client paying USD 2,000 by card or link	Cannot compare	Payoneer costs about 1.99 to 4.96%; Remitly does not publish full pricing.¹³
Payoneer is best for	Payoneer	Marketplace payouts such as Amazon or Upwork.⁴
Remitly is best for	Remitly	US or Canadian business clients already using Remitly.⁵⁶⁷

Invoice amountCurrencyHow the client pays

1,000 USD = ₹94,243 at the reference rate for 13 November 2026 (European Central Bank data).

Estimated rupees received, on published fees

Sorted by estimated rupees received, highest first. Only providers that publish both their fee and their conversion markup for this currency and method can be estimated.

#	Provider and route	Best for	Fee (+GST)	Markup	You receive	Cost
1	Karbon BusinessLowest estimated costBank transfer to a Karbon virtual USD account	US bank transfers and marketplace payouts	₹942plus GST, rate not stated	0%	₹93,131 to ₹93,301	1.00 to 1.18%
2	RazorpayMoneySaver Export Account: bank transfer to virtual account details (Standard plan)	Local transfers from the US, UK and eurozone	₹1,000plus GST, rate not stated	0%	₹93,063 to ₹93,243	1.06 to 1.25%
3	WinvestaGlobal Collections Account, standard plan (up to 2,000 a month per currency)	Local transfers with a published per-payment fee	₹1,435	0%	₹92,809	1.52%
4	SkydoPayment link (InstaLinks) paid by ACH debit	Local bank transfers from major markets	₹1,885plus GST, rate not stated	0%	₹92,019 to ₹92,358	2.00 to 2.36%
5	PayoneerThis pageLocal bank transfer to Payoneer receiving account details	Marketplace payouts such as Amazon or Upwork	₹0no GST stated	1 to 4%	₹90,473 to ₹93,301	1.00 to 4.00%
6	PayPalInternational commercial transaction received into a PayPal account (PayPal checkout or invoice)	Clients paying by card or PayPal balance	₹4,175no GST stated	3 to 4%	₹86,465 to ₹87,366	7.30 to 8.25%

Not estimated because pricing is not fully published: Cashfree Payments, Dodo Payments, PingPong, Stripe, Tazapay, TransFi, Wise.

Where a provider says GST applies to its fee but not at what rate, the range runs from no GST to 18%, the rate Skydo, Stripe and Winvesta state on their pages. Estimates use each provider's published fee, conversion markup, GST on fees and FIRA charge, checked 2026-10-28, against the reference rate. They exclude charges taken by intermediary banks and your own bank, and the rate a provider actually applies at the time of conversion. Check the provider's pricing page before you choose. The order is calculated only from these published numbers; no provider can pay to change its position, and there are no affiliate links.

How do Payoneer and Remitly compare at a glance?

Payoneer and Remitly compare on the twelve points below, using each provider's published information as checked on 28 October 2026. Where a provider does not publish something, the table says so.²¹⁸⁹

	Payoneer	Remitly
Best for	Marketplace payouts such as Amazon or Upwork⁴	US or Canadian business clients already using Remitly⁵⁶⁷
Fees	Receiving account (local bank transfer): Payoneer's India multi-currency page says receiving USD is free for customers from India and other currencies are free; its India pricing page shows a standard 'fixed fee or 1%' for non-local currencies and says the fees applicable to you are shown in your account. From another Payoneer customer: free. Payment request: credit card 2.90% + $0.49, ACH bank debit (US only) 1%. Marketplace payouts: fees set by each marketplace. Intermediary banks may deduct fees on USD wires.²¹	Remitly says there are no fees for the receiver in India. The sender pays the transfer fee: on its USD to INR page, $3.99 below $1,000 and $0 at $1,000 or more for personal transfers, with no fee on a new customer's first transfer.⁸⁹
FX markup	Not published as a separate rate. Withdrawing to an Indian bank account in INR from a balance in another currency costs 1% to 4% of the transaction amount; Payoneer says the exact fee depends on region and transaction volume and is shown in your account.	Remitly says it may earn from the difference between the rate at which it buys currency and the rate given to the sender. The rate is shown before the sender confirms; no markup percentage is published.¹⁰⁹
Settlement	Payoneer's pages differ: the India pricing page says within 48 hours of receipt; the multi-currency account page and the India onboarding guide say within 24 hours.¹²⁴	Remitly says business transfers to India are typically delivered within the hour, and that a delivery time is shown before the sender confirms.⁶
FIRA	Free digital FIRA PDF for each transaction, issued by Payoneer's partner AD bank and available in the account under Manage, Reports and statements, within 24 to 72 hours (the same help article also says 1 to 3 business days). The e-FIRA/IRM in EDPMS is issued by the exporter's own bank, which may need the FIRA plus export documents.³¹¹	Not published. Remitly's pages do not mention a FIRA or FIRC for the Indian recipient.
Currencies	Local receiving account details in US dollar, British pound, euro, Australian dollar, Canadian dollar, Singapore dollar, Hong Kong dollar, UAE dirham, Chinese yuan and Japanese yen, per Payoneer's India multi-currency account page.²	Senders pay in the currency of the send country; Remitly Business sends from the US. Recipients in India receive INR.⁵⁶⁹
KYC: who can sign up	Individuals (freelancers) and businesses: at sign-up you say whether the account is for business or freelancing, and verify with a government ID such as Aadhaar or PAN and proof of an Indian bank account. Applicants must be over 18. Payoneer issues FIRAs in a company's name if the account is registered as a company. Detailed document lists by entity type are not published on the pages checked.¹²²³	Senders only. The personal service is for individuals sending for personal, family or household purposes, and business use is a breach. Remitly Business is for US-registered businesses with a US-resident account holder, and Remitly's Canada site says Remitly Business is also available to businesses in Canada. Recipients in India do not need a Remitly account to be paid; Remitly's India page offers recipients a free profile to request money.¹⁰⁵⁶⁸⁷
RBI PA-CB status	Payoneer lists 'Payoneer for India' as an Online Payment Gateway Service Provider (OPGSP) registered with the Reserve Bank of India (LO UIN No. MULO16008013). Payoneer India Private Limited received in-principle authorisation as a Payment Aggregator - Cross Border (PA-CB) on 22 January 2026; RBI lists it in Table E (applications under process, cannot operate) as of 16 October 2026 and states in-principle authorisation is not authorisation under Section 7 of the PSS Act. It does not appear in RBI's Certificates of Authorisation list dated 16 October 2026. Payoneer says INR payouts are processed by its partner AD banks over NEFT, RTGS and IMPS.¹³¹⁴¹⁵¹⁶³	Remitly does not appear on the RBI list of authorised PA-CB entities as on 16 October 2026. Its US User Agreement says it processes transactions to India under the Rupee Drawing Arrangements established by the RBI.¹⁷¹⁰
Support	India phone numbers +91 80712-79452 and +91 80044-04022, a contact form after sign-in, and the Payoneer Community.³	Remitly says business customers get 24/7 support by phone or help centre.⁶
Limits	Not published on the Payoneer India pages checked.	Not published as amounts. Remitly says limits vary by country, delivery method and verification, and are shown when the sender starts a transfer.
How clients pay	Local bank transfer to Payoneer receiving account details; USD SWIFT wire to a Payoneer SWIFT receiving account; payment request paid by credit card, ACH bank debit (US only), local bank transfer or direct bank payment (UK only); marketplace payouts (for example Amazon, eBay, Fiverr, Upwork); transfer from another Payoneer customer.⁴¹	The client sends from a Remitly account: a US or Canadian business through Remitly Business, or an individual through the personal service for personal purposes only. Money arrives in India by bank deposit, UPI, cash pickup or wallet.¹⁰⁶¹⁸⁷
Card payments	Yes, through a payment request: 2.90% + $0.49 for credit card payments (all currencies), per Payoneer's pricing page.¹⁴	The sender can fund a transfer with a debit or credit card; the Indian recipient cannot accept card payments through Remitly.⁶¹⁰

How much INR do you receive on $2,000, $5,000 and $10,000 with Payoneer vs Remitly?

The INR you receive with Payoneer and Remitly is the invoice at the reference rate, less each provider's fee, conversion markup, GST on fees and FIRA charge. The table works this out from published pricing at today's rate.

Platform	Best for	INR on USD 2,000	INR on USD 5,000	INR on USD 10,000	Cost on USD 5,000
PayoneerMost INRLocal bank transfer to Payoneer receiving account details	Marketplace payouts such as Amazon or Upwork	₹1,80,947 to ₹1,86,601	₹4,52,367 to ₹4,66,503	₹9,04,734 to ₹9,33,007	1.00 to 4.00%

Ranked by INR received on USD 5,000. Reference rate: European Central Bank data for 13 November 2026. Fees, conversion markup, GST on fees and FIRA charges as published by each provider, checked 28 October 2026. Ranges appear where a provider publishes a range or does not state its GST rate. Intermediary bank charges are excluded. See the methodology.

What is Payoneer and who is it for?

Payoneer is a US-headquartered cross-border payments company whose account gives Indian freelancers and businesses receiving account details in several currencies, accepts marketplace payouts and client payment requests, and automatically withdraws received funds to an Indian bank account in rupees.²⁴

Regulated by: Payoneer lists 'Payoneer for India' as an Online Payment Gateway Service Provider (OPGSP) registered with the Reserve Bank of India (LO UIN No. MULO16008013). Payoneer India Private Limited received in-principle authorisation as a Payment Aggregator - Cross Border (PA-CB) on 22 January 2026; RBI lists it in Table E (applications under process, cannot operate) as of 16 October 2026 and states in-principle authorisation is not authorisation under Section 7 of the PSS Act. It does not appear in RBI's Certificates of Authorisation list dated 16 October 2026. Payoneer says INR payouts are processed by its partner AD banks over NEFT, RTGS and IMPS.¹³¹⁴¹⁵¹⁶³
Used by: Individuals (freelancers) and businesses: at sign-up you say whether the account is for business or freelancing, and verify with a government ID such as Aadhaar or PAN and proof of an Indian bank account. Applicants must be over 18. Payoneer issues FIRAs in a company's name if the account is registered as a company. Detailed document lists by entity type are not published on the pages checked.¹²²³
Best for: Marketplace payouts such as Amazon or Upwork.⁴

What is Remitly and who is it for?

Remitly is a money transfer service whose personal service is limited to individuals sending for personal, family or household purposes; its Remitly Business product lets US businesses pay contractors, freelancers and suppliers in India.¹⁰⁶

Regulated by: Remitly does not appear on the RBI list of authorised PA-CB entities as on 16 October 2026. Its US User Agreement says it processes transactions to India under the Rupee Drawing Arrangements established by the RBI.¹⁷¹⁰
Used by: Senders only. The personal service is for individuals sending for personal, family or household purposes, and business use is a breach. Remitly Business is for US-registered businesses with a US-resident account holder, and Remitly's Canada site says Remitly Business is also available to businesses in Canada. Recipients in India do not need a Remitly account to be paid; Remitly's India page offers recipients a free profile to request money.¹⁰⁵⁶⁸⁷
Best for: US or Canadian business clients already using Remitly.⁵⁶⁷

How do Payoneer and Remitly fees and FX markup compare?

Payoneer and Remitly charge in different ways, so compare the fee and the conversion markup together, not the headline fee alone.

What does Payoneer charge?

Transaction type	Fee	FX markup	GST on fees	Best for
Local bank transfer to Payoneer receiving account details	0%¹²³	1 to 4%	Not stated	Clients paying by local bank transfer
Payment request paid by credit card	2.9% + USD 0.49¹³	1 to 4%	Not stated	Clients paying by card
Payment request paid by ACH bank debit (US only)	1%¹³	1 to 4%	Not stated	Clients paying through a payment link
Payout from a marketplace or platform to Payoneer	Not published¹³	1 to 4%	Not stated	Marketplace payouts

What does Remitly charge?

Fees: Remitly says there are no fees for the receiver in India. The sender pays the transfer fee: on its USD to INR page, $3.99 below $1,000 and $0 at $1,000 or more for personal transfers, with no fee on a new customer's first transfer.⁸⁹

How do Payoneer and Remitly compare on settlement speed?

Payoneer and Remitly publish these settlement times for money reaching an Indian bank account.

Platform	Settlement time	Payout to India	Best for
Payoneer	Payoneer's pages differ: the India pricing page says within 48 hours of receipt; the multi-currency account page and the India onboarding guide say within 24 hours.¹²⁴	Automatic: payments received are withdrawn to the linked Indian bank account (or EEFC account, per the multi-currency page) without a manual request. Fee: 1% to 4% of the amount when converted to INR (see fxConversion).¹²⁴	Marketplace payouts such as Amazon or Upwork⁴
Remitly	Remitly says business transfers to India are typically delivered within the hour, and that a delivery time is shown before the sender confirms.⁶	Bank deposit, UPI, cash pickup or wallet in INR; the recipient does not need to withdraw anything.¹⁸⁶⁸	US or Canadian business clients already using Remitly⁵⁶⁷

Do Payoneer and Remitly provide FIRA and e-BRC, and are they RBI PA-CB authorised?

Payoneer and Remitly publish the FIRA position and RBI status below, checked on 28 October 2026. An e-BRC is generated by the exporter on the DGFT portal from bank remittance data, so it does not depend on the provider issuing one.³⁸

Platform	FIRA	RBI PA-CB status	Best for
Payoneer	Free digital FIRA PDF for each transaction, issued by Payoneer's partner AD bank and available in the account under Manage, Reports and statements, within 24 to 72 hours (the same help article also says 1 to 3 business days). The e-FIRA/IRM in EDPMS is issued by the exporter's own bank, which may need the FIRA plus export documents.³¹¹	Payoneer lists 'Payoneer for India' as an Online Payment Gateway Service Provider (OPGSP) registered with the Reserve Bank of India (LO UIN No. MULO16008013). Payoneer India Private Limited received in-principle authorisation as a Payment Aggregator - Cross Border (PA-CB) on 22 January 2026; RBI lists it in Table E (applications under process, cannot operate) as of 16 October 2026 and states in-principle authorisation is not authorisation under Section 7 of the PSS Act. It does not appear in RBI's Certificates of Authorisation list dated 16 October 2026. Payoneer says INR payouts are processed by its partner AD banks over NEFT, RTGS and IMPS.¹³¹⁴¹⁵¹⁶³	Marketplace payouts such as Amazon or Upwork⁴
Remitly	Not published. Remitly's pages do not mention a FIRA or FIRC for the Indian recipient.	Remitly does not appear on the RBI list of authorised PA-CB entities as on 16 October 2026. Its US User Agreement says it processes transactions to India under the Rupee Drawing Arrangements established by the RBI.¹⁷¹⁰	US or Canadian business clients already using Remitly⁵⁶⁷

Which currencies, countries and payment methods do Payoneer and Remitly support?

Payoneer and Remitly accept the currencies and payment methods below, as each publishes them.

Platform	Currencies	How clients pay	Card payments	Best for
Payoneer	Local receiving account details in US dollar, British pound, euro, Australian dollar, Canadian dollar, Singapore dollar, Hong Kong dollar, UAE dirham, Chinese yuan and Japanese yen, per Payoneer's India multi-currency account page.²	Local bank transfer to Payoneer receiving account details; USD SWIFT wire to a Payoneer SWIFT receiving account; payment request paid by credit card, ACH bank debit (US only), local bank transfer or direct bank payment (UK only); marketplace payouts (for example Amazon, eBay, Fiverr, Upwork); transfer from another Payoneer customer.⁴¹	Yes, through a payment request: 2.90% + $0.49 for credit card payments (all currencies), per Payoneer's pricing page.¹⁴	Marketplace payouts such as Amazon or Upwork⁴
Remitly	Senders pay in the currency of the send country; Remitly Business sends from the US. Recipients in India receive INR.⁵⁶⁹	The client sends from a Remitly account: a US or Canadian business through Remitly Business, or an individual through the personal service for personal purposes only. Money arrives in India by bank deposit, UPI, cash pickup or wallet.¹⁰⁶¹⁸⁷	The sender can fund a transfer with a debit or credit card; the Indian recipient cannot accept card payments through Remitly.⁶¹⁰	US or Canadian business clients already using Remitly⁵⁶⁷

What are the strengths and limitations of Payoneer and Remitly?

Payoneer and Remitly each suit some exporters better than others. These points come from each provider's own pages.

What are the strengths and limitations of Payoneer?

Strengths:

You are paid by marketplaces or platforms that pay out to Payoneer, such as Amazon, eBay, Fiverr or Upwork.⁴
Your clients want to pay by local bank transfer in USD, EUR, GBP or another supported currency using receiving account details.²
Some clients want to pay by credit card and you accept a 2.90% + $0.49 card fee on those payments.¹
You want a free FIRA for every transaction delivered to your account without a request.³

Limitations:

The INR conversion fee is published only as a 1% to 4% range; the exact rate is shown inside the account.¹
A 29.95 USD annual account fee applies if you receive less than 6,000 USD (or equivalent) in any 12 consecutive months.¹
Funds cannot be held in the Payoneer balance by Indian customers; payments are withdrawn to the Indian bank automatically.¹²
Payoneer India's PA-CB application had in-principle authorisation only as of 16 October 2026; RBI lists it as unable to operate as a PA-CB until authorised.¹⁵
The purpose code on processed payments and issued FIRAs cannot be changed through Payoneer.³
The FIRA from Payoneer is not an e-FIRA; for EDPMS reporting the exporter's own bank issues the IRM and e-FIRA.³

What are the strengths and limitations of Remitly?

Strengths:

Your client is a US or Canadian business that already uses, or is willing to open, a Remitly Business account to pay contractors in India.⁵⁶⁷
Your client is an individual paying for a personal need, such as private tutoring, which Remitly's personal terms permit.¹⁰

Limitations:

An Indian freelancer or company cannot open an account to receive or invoice through Remitly; the client must be the Remitly customer.¹⁰⁵⁶
Remitly Business is offered to businesses in the US and Canada only, and Remitly's personal terms prohibit sending for business purposes.⁵¹⁰⁷
Remitly is not on the RBI list of authorised PA-CB entities, and its pages do not mention a FIRA, FIRC or purpose code for the Indian recipient.¹⁷⁶⁸

Should you choose Payoneer or Remitly?

Choose between Payoneer and Remitly by how your clients pay and your usual invoice size.

Choose Payoneer if:

You are paid by marketplaces or platforms that pay out to Payoneer, such as Amazon, eBay, Fiverr or Upwork.⁴
Your clients want to pay by local bank transfer in USD, EUR, GBP or another supported currency using receiving account details.²
Some clients want to pay by credit card and you accept a 2.90% + $0.49 card fee on those payments.¹
You want a free FIRA for every transaction delivered to your account without a request.³

Choose Remitly if:

Your client is a US or Canadian business that already uses, or is willing to open, a Remitly Business account to pay contractors in India.⁵⁶⁷
Your client is an individual paying for a personal need, such as private tutoring, which Remitly's personal terms permit.¹⁰

For example, say a designer invoices a US client USD 2,000. Because Remitly does not publish full pricing for that case, ask for a quote in writing and compare it with the FIRA rate after the first payment.¹¹⁰⁹

Which other platforms should you consider besides Payoneer and Remitly?

Other platforms to consider besides Payoneer and Remitly are the ones with the lowest estimated cost on a USD 5,000 receipt, listed in that order.²⁰²¹²²²³²⁴²⁵²⁷²⁸³⁰³¹³³³⁵³⁶³⁷

Platform	Best for	Estimated cost on USD 5,000	FIRA	Review
Skydo	Local bank transfers from major markets¹⁹	0.68%²⁰²¹²²²³²⁴²⁵	Skydo says it issues a free FIRA on every payment received, and that its FIRA and FIRC are accepted for GST filing and by banks.²⁴²⁶	Skydo review
Karbon Business	US bank transfers and marketplace payouts²⁷	1.00 to 1.18%²⁷²⁸	Karbon says it provides a FIRA for every transaction, issued by its licensed banking partner, which it does not name. Cost not published.²⁷	Karbon Business review
Razorpay	Local transfers from the US, UK and eurozone²⁹	1.00 to 1.18%³⁰³¹	Razorpay provides a Foreign Inward Remittance Statement (FIRS), sent to the contact email within 24 hours after settlement for bank transfers, and downloadable from the dashboard, which shows bank-provided certificates and Razorpay-generated statements. The pricing page lists FIRC or eFIRC as included and auto-generated for international cards. No separate charge is published.²⁹³²³¹	Razorpay review
Winvesta	Local transfers with a published per-payment fee³³³⁴	1.24%³³³⁵³⁶³⁷	Free e-FIRA, emailed within 24 hours of funds reaching the Indian bank account and downloadable from the dashboard; it shows the purpose code and exchange rate.³⁶³⁵	Winvesta review

Compare every provider on your own invoice in the platform cost comparison.

How did we verify this?

We checked this page against the sources below on 28 October 2026. Provider fees, conversion markups and RBI payment aggregator (PA-CB) status were checked on 28 October 2026. Rupee amounts use European Central Bank reference rates for 13 November 2026. Read our methodology or report an error.

Frequently asked questions

Which is cheaper for Indian exporters, Payoneer or Remitly?+

There is no cost verdict for a USD 5,000 bank transfer: payoneer costs about 1.00 to 4.00%; Remitly does not publish full pricing.¹²³ The answer can change with the currency, payment method and invoice size, so check your own numbers in the platform cost comparison.

Do Payoneer and Remitly give a FIRA to Indian exporters?+

Payoneer: Free digital FIRA PDF for each transaction, issued by Payoneer's partner AD bank and available in the account under Manage, Reports and statements, within 24 to 72 hours (the same help article also says 1 to 3 business days). The e-FIRA/IRM in EDPMS is issued by the exporter's own bank, which may need the FIRA plus export documents.³¹¹ Remitly: Not published. Remitly's pages do not mention a FIRA or FIRC for the Indian recipient.

Can individual freelancers use Payoneer and Remitly?+

Payoneer: Individuals (freelancers) and businesses: at sign-up you say whether the account is for business or freelancing, and verify with a government ID such as Aadhaar or PAN and proof of an Indian bank account. Applicants must be over 18. Payoneer issues FIRAs in a company's name if the account is registered as a company. Detailed document lists by entity type are not published on the pages checked.¹²²³ Remitly: Senders only. The personal service is for individuals sending for personal, family or household purposes, and business use is a breach. Remitly Business is for US-registered businesses with a US-resident account holder, and Remitly's Canada site says Remitly Business is also available to businesses in Canada. Recipients in India do not need a Remitly account to be paid; Remitly's India page offers recipients a free profile to request money.¹⁰⁵⁶⁸⁷

Are Payoneer and Remitly authorised by the RBI?+

Payoneer: Payoneer lists 'Payoneer for India' as an Online Payment Gateway Service Provider (OPGSP) registered with the Reserve Bank of India (LO UIN No. MULO16008013). Payoneer India Private Limited received in-principle authorisation as a Payment Aggregator - Cross Border (PA-CB) on 22 January 2026; RBI lists it in Table E (applications under process, cannot operate) as of 16 October 2026 and states in-principle authorisation is not authorisation under Section 7 of the PSS Act. It does not appear in RBI's Certificates of Authorisation list dated 16 October 2026. Payoneer says INR payouts are processed by its partner AD banks over NEFT, RTGS and IMPS.¹³¹⁴¹⁵¹⁶³ Remitly: Remitly does not appear on the RBI list of authorised PA-CB entities as on 16 October 2026. Its US User Agreement says it processes transactions to India under the Rupee Drawing Arrangements established by the RBI.¹⁷¹⁰

How fast do Payoneer and Remitly pay out to an Indian bank?+

Payoneer: Payoneer's pages differ: the India pricing page says within 48 hours of receipt; the multi-currency account page and the India onboarding guide say within 24 hours.¹²⁴ Remitly: Remitly says business transfers to India are typically delivered within the hour, and that a delivery time is shown before the sender confirms.⁶

Do I still need an LUT if I am paid through Payoneer or Remitly?+

Yes, if you are registered under GST and want to invoice the export without IGST. The Letter of Undertaking is a GST filing for the financial year, and it does not depend on how the money reaches you, whether through Payoneer, Remitly or a bank wire.³⁹

This page is general information for Indian service exporters, not tax or legal advice. Rules change and outcomes depend on your facts, so confirm with a chartered accountant before acting.

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