PayGlocal Overview: History, Features & Pricing
If you're an Indian business looking to accept payments from international customers, you've probably come across PayGlocal. It's one of the cross-border payment platforms built specifically for the Indian market.
This review covers what PayGlocal offers, how its pricing works, and how it compares to alternatives like Skydo, so you can make an informed decision.
TL;DR - Summary
- What it is: - RBI-authorized cross-border payment platform founded in 2021.
- Core products: - International card processing, multi-currency accounts, Amazon Global Selling payouts, and domestic payments.
- Card processing fees: - 2.75% per transaction on the standard plan, with no monthly or setup fees.
- Multi-currency accounts: - Flat fee ($10–$18) for smaller invoices and 0.25% above $7,500.
- When to look elsewhere: - If you mainly receive bank transfers and prefer flat-fee pricing across all transaction sizes.
What is PayGlocal?
PayGlocal is a financial services company that provides international payment solutions for Indian businesses. Its core offerings include credit card acceptance, multi-currency accounts, and tools for managing foreign exchange, payment tracking, and fraud prevention.
The platform serves e-commerce, travel, and export businesses of different sizes. It holds RBI authorization (PA-CB I&O and PA-O licenses) and supports more than 120 currencies across its gateway and multi-currency account products.
PayGlocal Company Overview
History & Founding
PayGlocal Technologies Private Limited was incorporated on March 18, 2021, in India. It was founded by Prachi Dharani, Rohit Sukhija, and Yogesh Lokhande, all ex-Visa professionals.
Funding & Investors
PayGlocal has raised a total of $17M across funding rounds. The first was a seed round in November 2021 led by Peak XV Partners (formerly Sequoia Capital India & SEA), with participation from BEENEXT.
PayGlocal Products & Features
International Card Payments
PayGlocal's payment gateway is built for cross-border transactions. Its orchestration engine handles international card routing separately from domestic payments, with the goal of improving acceptance rates and reducing payment risk.
Checkout options include:
- Dynamic checkout - embedded directly on your website
- Hosted checkout - a PayGlocal-hosted payment page
- Payment links and buttons - for sharing via email or messaging
- Recurring payments - for subscriptions and standing instructions
It integrates with WooCommerce, Magento, and Shopify, and also supports direct API and hosted checkout connections.
Apple Pay was added to the gateway in October 2025. It supports one-tap payments from 80+ countries, with tokenization and biometric verification (Face ID / Touch ID) on each transaction. They also support global methods like Klarna, Sofort, Trustly, and GrabPay, as well as UPI for inbound payments from India.
FIRA is auto-generated after every settlement and downloadable from the dashboard at no additional charge. And for teams that prefer custom integrations, PayGlocal also offers well-documented APIs and SDKs for building payment flows directly into your platform.
Multi-Currency Accounts (MCA)
PayGlocal's multi-currency account lets businesses collect payments in 33 currencies across 180+ countries. You can collect locally in major currencies (USD, GBP, EUR, CAD, AUD) or use a global currency account for a broader range of markets. The dashboard provides tracking and notifications on fund status, and eFIRA/FIRC documentation is provided after settlement.
Domestic Payments
With its PA-O license from the RBI, PayGlocal now also supports domestic payment processing. Domestic payment options include UPI Intent Flow, UPI Collect, and Dynamic QR.
PayGlocal Pricing
International Card Processing Pricing
- No monthly fee and no setup fee, you only pay when you transact
- 2.75% per transaction for international credit/debit cards, global payment methods, recurring payments, and payment link/button payments
- For higher volumes or platform-specific needs (like Amazon Global Selling), custom pricing is available on request
Multi-Currency Account Pricing
Fees are based on the transaction amount:
- $0 – $2,000 → $10 per transaction
- $2,000 – $7,500 → $18 per transaction
- $7,500+ → 0.25% per transaction
- Above $25,000 → Custom pricing (contact PayGlocal's sales team)
These are the rates on the date of publishing. Make sure to check with PayGlocal on the current rates before you sign up.
Alternatives to PayGlocal
Skydo
Skydo is built for Indian freelancers, consultants, and service exporters who need a cost-efficient way to receive international payments. If you primarily receive payments via bank transfers, which are significantly cheaper than card transactions, Skydo is worth exploring. And unlike percentage-based models that take a larger cut as your invoice size grows, Skydo charges a flat fee per transaction, so your cost stays predictable regardless of how much you're receiving.
Skydo also covers a wider range of regions, including UAE and African markets, and multiple payment rails that make it easier for clients across geographies to pay you. Beyond the cost, Skydo removes the usual paperwork headache. You get your FIRA instantly on your dashboard the moment a payment is received, no chasing your bank for documentation. And with real-time payment tracking, you always know exactly where your money is.
Wise (TransferWise)
Wise is well-known for its multi-currency accounts and low FX margins. It's primarily designed for personal use and small businesses receiving international payments, not for merchant checkout or high-volume gateway needs.
Payoneer
Payoneer is popular with freelancers and marketplace sellers. It offers multi-currency accounts and integrates well with platforms like Amazon and Upwork. That said, fees can add up for smaller transactions, and withdrawal fees apply.
Who Should Use PayGlocal?
PayGlocal is a good fit if…
- You run an e-commerce business selling to international customers and need a checkout/gateway solution
- You need card acceptance, global payment methods, and recurring billing in one place
- You want AI-driven fraud prevention for high-volume cross-border card transactions
If your primary need is simply receiving international payments via low-cost bank transfers instead of cards, a platform like Skydo may be a better fit.
Questions to Ask Before Choosing a Cross-Border Payment Platform
What are the total costs? Look beyond the headline rate, factor in FX markup, scheme fees, dispute fees, and any hidden charges.
Which countries and currencies are supported? Make sure the platform covers the markets you actually sell to.
How easy is it to receive international payments? Consider the onboarding process, integration complexity, and settlement timelines.
Can you receive payments from regions you are interested in and what is the time taken for settlement? There could be vast differences in coverage and the settlement times between various providers. Make sure to check them before choosing a platform.
Is the platform compliant and secure? Look for RBI authorization and data security certifications like PCI DSS.
Does it integrate with your existing tools? Check compatibility with your website platform, ERP, or accounting software.
What support is available? Response times and quality of support matter when payments go wrong.
What is PayGlocal used for?
PayGlocal is used primarily by Indian businesses for cross-border payment acceptance, including card payments, multi-currency collections, recurring billing, and marketplace settlements.
How much does PayGlocal charge per transaction?
Is PayGlocal safe and RBI-approved?
Does PayGlocal support multi-currency accounts?
Does PayGlocal provide FIRC/eFIRA for Indian tax purposes?
