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Kalyani
Student
Karnal, Haryana, India
4
Questions
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Wat is the best way to accept international payments?
I am a freelancer and have a foreign client. As they don't use UPI, which is the most preferred way here in India, they do direct bank transfers which are slow and they deduct 5% from the transaction.
I want to gain knowledge of different ways of accepting and sending payments without or with minimum charges applied
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1 answer
Michelle M.
Entertainment Industry
1879
Answers
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Michelle’s Answer
Hello, Kalyani !
It is so wonderful that you have a freelance business and that is great that you serve internationally ! I have left some articles for you below that can hopefully spark some ideas for you. Yes, things are slow with shipping and payment for the other countries, too and the guidelines for each geographical area can limit by way of fees, but sometimes it is worth the wait and more importantly that you have an international customer base which is awesome.
I would also suggest going to your local bank and speak in person to customer service. They may have additional suggestions that may be suitable. You have two basic options, work with the guidelines or discontinue international service. I would just keep doing what you are doing and try to come to terms with slow downs and fees. It is too good to give up on. Hopefully the articles I have left below can make it more clear about the easiest way to keep your business running the way you want it to. My advice is don't give up !
Wishing you all the best !
WHAT BUSINESSES NEED TO KNOW https://stripe.com/resources/more/how-to-accept-international-payments
HOW TO RECEIVE INTERNATIONAL PAYMENTS IN INDIA https://wise.com/in/blog/how-to-receive-international-payments-in-india
FOREIGN MONEY TRANSFER RULES OF INDIA https://jupiter.money/international-money-transfer/rbi-guidelines-to-send-money-abroad/
RAZOR PAY https://razorpay.com/international-payment-gateway-india/
INTERNATIONAL PAYMENTS TO INDIA https://www.monito.com/en/wiki/receive-international-payments-in-india
It is so wonderful that you have a freelance business and that is great that you serve internationally ! I have left some articles for you below that can hopefully spark some ideas for you. Yes, things are slow with shipping and payment for the other countries, too and the guidelines for each geographical area can limit by way of fees, but sometimes it is worth the wait and more importantly that you have an international customer base which is awesome.
I would also suggest going to your local bank and speak in person to customer service. They may have additional suggestions that may be suitable. You have two basic options, work with the guidelines or discontinue international service. I would just keep doing what you are doing and try to come to terms with slow downs and fees. It is too good to give up on. Hopefully the articles I have left below can make it more clear about the easiest way to keep your business running the way you want it to. My advice is don't give up !
Wishing you all the best !
Michelle recommends the following next steps: