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What are PingPong fees in India for receiving international payments in 2026?

Author:: Editorial team, serviceexportguide.com
Verified by:: Editorial team
Published: 28 October 2026
Last modified: 30 October 2026
Fees checked on: 28 October 2026
Reading time: 6 min read

Short answer

PingPong says creating an account and receiving payments is free.¹ Withdrawing your balance to your own bank account costs 1% per transaction.¹ PingPong says that fee may vary by region.¹ PingPong says its digital FIRC is free of cost.³ PingPong's terms say conversion happens at a rate PingPong sets at its discretion.⁴ PingPong publishes no exchange rate markup.⁴

Fee type	Amount	When it applies
Account opening and receiving	Free¹	Opening an account and receiving payments¹²
Withdrawal fee	1% per transaction (may vary by region)¹	Withdrawing your balance to your own bank account, in INR or to an EEFC account¹³
Conversion to INR	Rate set by PingPong at its discretion; markup not published⁴	Converting a foreign balance to INR⁴
Digital FIRC	Free³	Applied for under the Transactions tab³⁶
Card payment from a client	Not published³	Payment request paid by US debit card³

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	PayoneerLocal 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.

PingPong publishes very little fee detail for India. The figures below come from PingPong's India help centre, its India home page and its service terms, all checked in October 2026.¹³⁴ Where PingPong does not publish a number, the table says "Not published". For how PingPong works and its regulatory status in India, see the PingPong review.

What are PingPong fees at a glance?

PingPong says receiving payments is free and charges 1% when you withdraw your balance to your own bank account.¹ The table below sets out each fee as PingPong publishes it.¹²³⁴⁶

Fee item	What PingPong publishes
Account opening	Free
Virtual receiving account	"Most accounts are free to use"
Conversion to INR	Rate set by PingPong at its discretion; markup Not published
Withdrawal to your own Indian bank account	1% per transaction (may vary by region)
Withdrawal in foreign currency to an EEFC account	1% per transaction, as for any withdrawal; any separate charge Not published
Digital FIRC	Free
Monthly or annual account fee	Not published
GST on PingPong's fees	Not published

How does PingPong charge Indian users?

PingPong charges Indian users at withdrawal, with a 1% fee per transaction, and through the exchange rate it sets when converting to INR.¹⁴

Transaction fee: Receiving payments is free.¹
FX markup: Not published; PingPong sets the rate at its discretion.⁴
Withdrawal fee: 1% per transaction, which PingPong says may vary from region to region; check with customer service or your account manager.¹
Fixed fee: No monthly or annual account fee is published.¹³⁴

PingPong's terms say it may adjust fees after notice and will publish them in the account portal.⁴

What does PingPong charge by payment method?

PingPong says receiving is free whether money arrives from a marketplace, a payment processor or a client's wire, and it publishes no separate fee for payment requests or cards.¹³

How the client pays	What PingPong publishes	Best for
Marketplace or payment processor payout (PayPal, Stripe) into a virtual account	Free	Sellers and freelancers paid by marketplaces or processors
Client's wire transfer into a virtual account	Free (receiving is free); fees charged by the client's or intermediary banks: Not published	Clients paying by wire who can match an invoice or contract
Payment request (e-invoice) paid by bank transfer	Not published separately	Clients who pay from an invoice link
Payment request paid by US debit card	Not published	US clients paying by debit card

The table follows PingPong's help centre and home page.¹²³⁶ PingPong's home page lists the ways a client can pay: into virtual accounts collected from marketplaces and processors, or through a payment request accepting bank transfers and US debit card payments.³ Its help centre lists bank transfer and PingPong balance as the ways to pay an e-invoice.⁷ For a direct wire, PingPong says you must be able to show the order information (invoice or contract), and that a rejected payment takes around 15 to 20 working days to return.⁸

What is the PingPong currency conversion fee and FX markup?

PingPong converts at a foreign exchange rate it determines at the time the transaction is processed, at its sole and absolute discretion, according to section 9.3 of its terms.⁴ The terms add that any rate shown before execution is for reference only.⁴ PingPong's marketing pages describe its rates as low, but no markup over the mid-market rate is published, so the conversion cost cannot be calculated in advance.³⁴

For example, on a $2,000 receipt for a marketing consultant, the 1% withdrawal fee is $20, or 1% of the receipt; the total cost also depends on the conversion rate PingPong applies, which is not published.¹⁴

What are PingPong withdrawal and settlement fees?

PingPong's withdrawal fee is 1% per transaction, according to its help centre, which adds that the fee standard may vary from region to region.¹ Withdrawal can be in INR or, PingPong says, in the same foreign currency to an EEFC (Exchange Earners' Foreign Currency) account.³

INR withdrawal: Submitted before 2:30 pm, succeeds the same day (T+0); after 2:30 pm, the next day (T+1).⁵
Non-INR withdrawal: Succeeds within 1 to 3 days.⁵
Arrival: PingPong's freelancer page says money reaches an Indian account in 1 to 2 working days.¹⁰
FIRC: PingPong says digital FIRCs are free of cost and available in the dashboard for both sellers and service providers; applications take 3 to 5 business days.³⁶⁹

For what the document proves, see FIRC vs FIRA vs e-BRC.

Is GST charged on PingPong fees?

PingPong does not publish whether GST is charged on its fees, on its India pages or in its terms.¹³⁴ Check the fee charges shown on your account dashboard.³

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

PingPong publishes the 1% withdrawal fee but not its exchange rate markup, so the INR amount cannot be fully estimated from published fees.¹⁴ The table below shows what published fees allow, at today's rate.

None of these providers publishes both a fee and a conversion markup for USD.

Not estimated because pricing for USD is not fully published: PingPong.

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.

To estimate costs across providers with your own inputs, use the international payment fee calculator.

What hidden or one-off charges does PingPong apply?

PingPong publishes no one-off charges beyond the withdrawal fee, and several items are not published at all.¹³⁴

Rejected wire: A rejected wire payment takes around 15 to 20 working days to return.⁸
Intermediary banks: Fees charged by the client's or intermediary banks on a wire are not published.¹
Currency holding: Withdrawal can go in foreign currency to an EEFC account at the same 1% fee; any separate charge is not published.¹³
Virtual accounts: PingPong says "most accounts are free to use" without naming the ones that are not.²

PingPong also does not publish a card processing fee for clients who pay by card, or any minimum withdrawal amount or minimum fee, as of October 2026.¹³⁴

How can you reduce PingPong fees?

PingPong's published fee is the 1% withdrawal fee, so the levers are confirming that fee for your region and checking the rate on each conversion.¹⁴

Confirm your withdrawal fee: PingPong says the 1% standard may vary by region; ask customer service or your account manager.¹
Check the rate before converting: Any rate shown before execution is for reference only, so compare the rate applied with a same-day reference rate.⁴
Watch the dashboard: PingPong shows fee charges there and may adjust fees after notice.³⁴

How do PingPong fees compare with other platforms?

PingPong does not publish its exchange rate markup, so its total cost is not estimated and it sits after the providers that publish full pricing.⁴ The table is ordered by estimated cost on a USD 5,000 receipt, cheapest first, using each provider's published fees, FX markup and GST where published; providers without full published pricing follow, A to Z.

Platform	Best for	Estimated cost on USD 5,000	Fees guide
Skydo	Local bank transfers from major markets¹¹	0.68%¹²¹³¹⁴	Skydo fees
Razorpay	Local transfers from the US, UK and eurozone¹⁵	1.00 to 1.18%¹⁶¹⁷	Razorpay fees
Karbon Business	US bank transfers and marketplace payouts¹⁸	1.00 to 1.18%¹⁸¹⁹	Karbon Business fees
Winvesta	Local transfers with a published per-payment fee²⁰²¹	1.24%²⁰	Winvesta fees
PingPong	Collecting marketplace and processor payouts³¹⁰	Not estimated: exchange rate markup not published¹⁴	This page

For other routes, see PingPong alternatives.

How did we verify this?

We checked this page against the sources below on 30 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

Is it free to receive money on PingPong in India?+

PingPong says creating an account and receiving payments is free of charge, and that most virtual accounts are free to use. PingPong does not say which virtual accounts are not free, and the 1% PingPong withdrawal fee applies later, when you move the balance to your own bank account.¹²

Where do I see the fees on my own PingPong transactions?+

PingPong says all fee charges are shown on the account dashboard, and its terms say fees are published in the account portal. PingPong's terms also say it may adjust fees after notice, so check the PingPong dashboard before relying on any figure on this page.³⁴

How long does a PingPong withdrawal to an Indian bank take?+

PingPong says INR withdrawals submitted before 2:30 pm succeed the same day (T+0) and those after 2:30 pm the next day (T+1), while non-INR withdrawals succeed within 1 to 3 days. PingPong's freelancer page says money reaches an Indian account in 1 to 2 working days.⁵¹⁰

How do you apply for a PingPong FIRC?+

You apply for a PingPong FIRC by selecting transactions under the Transactions tab of your dashboard, and PingPong says applications take 3 to 5 business days. PingPong says digital FIRCs are free of cost for both sellers and service providers.³⁶⁹

Can a client pay PingPong by direct wire transfer?+

PingPong says you can receive a client's wire into a virtual account if you can show the order information, such as an invoice or contract. PingPong says a rejected wire payment takes around 15 to 20 working days to return, and fees charged by intermediary banks are not published.⁸

How can a client pay a PingPong payment request?+

PingPong's India home page says payment requests accept bank transfers and US debit card payments. PingPong's help centre lists bank transfer and PingPong balance as the ways to pay an e-invoice, and does not list card. No PingPong card processing fee is published.³⁷

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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