I was researching this issue to decide between Paypal and the local bank transfer option, and found that:
- Paypal does not charge withdrawal fees for transfers to Indian banks (I’m not clear on why), and automatically sends the money to your bank account every day.
- The local bank transfer option on Fiverr is done via Payoneer, who charge $5.95 per transaction (mentioned near the end of this post: http://blog.payoneer.com/lower-fees-for-payoneers-global-bank-transfer-gbt-service/ )
So, obviously, Paypal is the best option for Indian users right now. Just a public service announcement for Indian sellers’ convenience.
PS: The above is based on some web research and my past experience with Paypal, please correct me if anything here is wrong.