In an increasingly globalized world, Indian businesses are reaching international markets faster than ever. Whether you’re a freelancer, an eCommerce entrepreneur, or a SaaS provider, the ability to receive payments from clients and customers abroad is crucial. However, receiving international payments in India isn’t always smooth sailing. Business owners often face a variety of hurdles—ranging from high fees to technical integration issues.
This article outlines the top 5 challenges Indian businesses face when receiving international payments, and shows how an advanced payment gateway like Paykassma offers real, practical solutions.
- High Fees and SWIFT Delays
One of the most common frustrations Indian merchants face is the high cost and slow speed of traditional international transactions. The SWIFT network, commonly used by banks for wire transfers, includes multiple intermediary banks. Each of them may charge a processing fee, leading to:
- Unpredictable final payout amounts
- Additional deductions from both sender and receiver
- Settlement times of 3–7 business days or more
These delays can cause cash flow problems—especially for startups, freelancers, and small businesses who depend on timely payments.
Paykassma’s Solution
Paykassma eliminates the need for SWIFT by offering instant T+0 settlements, meaning you get your funds on the same day the transaction is made. It also maintains a transparent fee structure with no surprise deductions, helping you retain more of your hard-earned money.
- Currency Volatility and Conversion Losses
Fluctuating exchange rates are another major pain point. International payments often arrive in USD, EUR, GBP, or other foreign currencies. If your payment provider applies a below-market exchange rate or charges high conversion fees, your actual payout can be much lower than expected.
Even worse, these deductions are often hidden until after the transaction is complete.
Paykassma’s Solution
As an advanced payment gateway, Paykassma partners with top banks and forex institutions to offer competitive and stable exchange rates.
This ensures:
- Minimized conversion losses
- Better predictability in financial planning
- Real-time currency conversion visibility before final settlement
- Lack of Local Payment Options
Many international payment providers focus only on cards or bank transfers. While these are popular in the West, they may not match the payment preferences of Indian customers—or regional buyers in Southeast Asia, the Middle East, and Africa.
Limiting payment options can:
- Reduce your conversion rate
- Drive customers away during checkout
- Increase cart abandonment for online stores
Paykassma’s Solution
Paykassma supports 100+ global and local payment methods, including:
- Credit/Debit cards (Visa, Mastercard, etc.)
- UPI
- IMPS
- e-wallets like Paytm and PhonePe
This ensures your customers can pay how they want, where they want—making your checkout experience smoother and more inclusive.
- Security Concerns and Fraud Risk
With the increasing number of online threats, payment security is more important than ever. Indian businesses receiving international payments face risks such as:
- Chargebacks
- Fraudulent transactions
- Data breaches
- Regulatory compliance issues
Using outdated payment processors without advanced security measures can put both you and your customers at risk.
Paykassma’s Solution
Paykassma is built with enterprise-level security infrastructure, including:
- End-to-end encryption
- Real-time fraud detection algorithms
- Tokenization of sensitive payment data
- Compliance with global standards like PCI DSS
These features help build trust with customers and protect your business from legal or financial repercussions.
- Integration Difficulties
Another significant challenge is integrating payment gateways into your business systems. Many providers offer limited tools, require complex coding, or don’t support local platforms.
This results in:
- Slow setup times
- Broken checkout flows
- Dependence on expensive developers
Paykassma’s Solution
Paykassma offers developer-friendly APIs and plug-and-play iFrame checkout options that are easy to integrate with:
- Shopify
- WooCommerce
- Magento
- Custom-built websites
With 24/7 support, Paykassma ensures a quick onboarding process—allowing businesses to start receiving payments in as little as one day.
How Paykassma Tackles Every Challenge
Let’s recap how Paykassma addresses the key issues with ease:
| Challenge | Traditional Problem | Paykassma’s Solution |
| High Fees & SWIFT Delays | Multiple fees, 3–7 day delays | T+0 settlements, transparent pricing |
| Currency Volatility | Poor exchange rates, hidden conversion charges | Competitive FX rates, real-time currency conversion |
| Lack of Payment Options | Limited to cards or SWIFT | 100+ global/local methods including UPI, e-wallets |
| Security & Compliance | High fraud risk, poor encryption | Compliance, fraud detection, tokenization |
| Integration Complexity | Tech-heavy setup, slow implementation | Simple API/iFrame integration with 24/7 support |
Why Smart Businesses Are Switching to Paykassma
More and more Indian companies are moving away from generic payment processors and opting for industry-specific, advanced payment gateways like Paykassma. Why?
- Faster access to cash
- More payment options for customers
- Reliable forex rates and secure processing
- User-friendly setup and instant scalability
Whether you’re a digital agency, freelancer, e-commerce startup, or established exporter, Paykassma gives you the tools to manage and grow your international transactions without friction.
Conclusion
While the opportunity to work with global clients has never been greater, receiving international payments in India is still loaded with challenges—from fees and currency risks to integration headaches.
That’s why choosing an advanced payment gateway like Paykassma is a game-changer. It not only solves every major problem faced by Indian businesses but also equips you with the tools to scale confidently in international markets.
