Paypal is reliable, and very quick in customer support. It is possible to transfer money from & to banks both in India as well as UK. I personally use PayPal for my freelancing work. My clients pay me through it.
You need a PAN number to sign up for paypal account. You can associate either a credit card or a bank account or both with your paypal account. If you associate bank account(s) in india, you need your branch's IFSC code, which you can get through a google search.
Paypal's commission is based on what type of account you have. You can choose the type of account based on your requirements. My personal account was charged $2 when I received money.
