PayGlocal vs Skydo: What's best for Indian exporters in 2026?
- Cheaper at every invoice size we tested, from $1,000 to $10,000
- Skydo's fee stays flat while PayGlocal's changes by tier
- Instant self-serve onboarding vs sales-assisted signup
- Built specifically for India export compliance, not adapted from a card-payments stack
Over $1B processed • Trusted by 30,000+ businesses • Licensed by RBI
PayGlocal vs Skydo: The Detailed Comparison
Both let you receive international payments in India. The difference shows up in fees, paperwork, and the small things that add up.
| Features |  | |
|---|---|---|
| Pricing | ||
| Total cost on $10K invoice | $25.00 ($10/$18 flat, then 0.25% by tier) | $29 flat fee |
| Forex markup | Zero, live interbank rate | Live mid-market rate, 0% markup |
| Compliance | ||
| FIRA | Automated, free, instant | Instant, free, per-transaction |
| eBRC | Not stated as automated | Automated for Amazon Global Selling |
| GST invoicing | Invoicing tool, GST format not stated | Built-in GST compliant invoicing |
| RBI authorization | Full PA-CB-I&O (Nov 2025) | Full PA-CB authorization |
| Payment & experience | ||
| Settlement to bank | Within 24 hours of conversion | Within one business day |
| Customer support | Phone, email, tickets, account manager | India-based WhatsApp, email, phone |
| Founded | 2021, Bengaluru, India | 2022, Bengaluru, India |
Compliance, Payment Rails, and Platform Comparison
Fees matter. So does everything else.
FIRA generated automatically on every settlement, not weekly or consolidated
Instant per-transaction FIRA within 24 hours
No published claim of automated eBRC for DGFT filing
Automated eBRC, especially for Amazon Global Selling
GST-compliant invoicing not specifically stated
GST-compliant invoice generation built in
Purpose code assignment not publicly disclosed
Correct purpose code assignment, full transparency
SOFTEX and EDPMS not stated as platform-automated
SOFTEX / EDPMS handled in compliance workflow
No more chasing your CA every quarter or your bank for stamped certificates the day before a GST deadline.
Who Should Use PayGlocal Over Skydo?
PayGlocal still wins in a few situations. Here are the ones worth knowing.
PayGlocal is better for
- Businesses processing card and bank-transfer collections
- D2C brands on Shopify or WooCommerce
- Freelancers on Upwork, Fiverr or Amazon Global
- Enterprises wanting one RBI stack
- When an account manager matters more than self-serve
Skydo is better for
- Indian freelancers, IT/ITeS, and SaaS companies
- Businesses receiving $2,000+/month internationally
- Exporters needing FIRA, eBRC, and GST invoicing
- Anyone who wants zero forex markup and flat fees
- SaaS and Amazon Global Selling merchants
How to Migrate from PayGlocal to Skydo
You don't need to close your PayGlocal account to start with Skydo. Most exporters run both in parallel for a few weeks while transitioning clients.
Step 1 of 5Takes ~5 minutes
Create your Skydo account
Sign up at skydo.com with PAN, Aadhaar, and business documents (GST certificate, IEC if you have one). India-based onboarding typically completes verification within 24 hours, often within the same business day.
- PAN card
- Aadhaar card
- GST certificate
- Bank account details
PayGlocal vs Skydo: Frequently Asked Questions
PayGlocal vs Skydo: which is cheaper for receiving international payments in India?+
PayGlocal's tiered fee, flat $10 or $18 for smaller invoices and 0.25% from $7,500 to $25,000, came out cheaper than Skydo's flat $19 to $29 fee at every invoice size we tested. Skydo's advantage is that its fee never moves, while PayGlocal's changes depending on which tier your invoice falls into.
PayGlocal vs Skydo: which has better forex rates for USD to INR conversion?+
Both platforms state that they apply the live interbank exchange rate with zero FX markup on every settlement. The real difference between them shows up in the platform fee layered on top of that rate, rather than in the exchange rate itself, so compare the fee structures directly.
Does Skydo provide FIRA and eBRC that PayGlocal does not offer?+
Skydo provides free instant FIRA on every payment, plus automated GST-compliant invoicing and purpose code handling built specifically for Indian export compliance. PayGlocal automates FIRA generation on every settlement but does not publicly state automated eBRC filing or purpose code assignment for individual payments.
PayGlocal vs Skydo: which is better for Indian IT services and SaaS companies?+
For SaaS and IT services exporters who want instant self-serve onboarding and fully automated compliance documentation without a sales call, Skydo is purpose-built for that specific segment. PayGlocal suits a business that also processes card payments from global consumers and wants everything on one RBI-authorised stack.
Can I migrate from PayGlocal to Skydo without losing existing international clients?+
Yes. Switching doesn't affect your existing client relationships in any way, since your clients continue paying you exactly as they did before while you simply update your receiving bank details on the new platform. Most exporters run both accounts in parallel for a few weeks during the transition period.
Is Skydo RBI authorized like PayGlocal for cross-border payments to India?+
Yes. Skydo holds RBI authorisation for cross-border payment processing under the same regulatory framework that PayGlocal operates under as a licensed PA-CB-I&O entity, meaning both platforms are subject to the same RBI oversight, FEMA compliance requirements and reporting standards for cross-border transactions.
Bengaluru, Karnataka
Second Floor, Indiqube Serenity, Phase 2, 31, Hosur Rd,near Vishal Megamart, Muneswara Nagar, Sector 6, HSR Layout,Bengaluru, Karnataka, 560068
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