PayPal or Wire Transfer to send payment in India

OKCYGENIO
Member
Member

hello guys,

 

Thank You for your time. 

 

We from India need to pay for Job work( IT services) to an individual in UK.

 

We got two options as we see;

 

1. Wire transfer - This is kind of lengthy and not simple. 

 

We we need so much documention and approvals before we could send the money. Above all, government deducts 20% at the source and again you need more documents to claim the deducted percentage at the destination. 

Overall it's not simple and involves lot of process and time taking.

 

2. PayPal - Simple and quick

 

well as you all know this is simple and super easy out of all the options out there. Just the email of the receiver and it's done. No need of documentation at all. And PayPal charges basic 3-4% as fees and it is done. 

 

My my query is simple and straight: is PayPal  a valid source to be considered to send Money from India to UK?

Considering the fact that I will be saving money and time. 

 

#india

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