PingPong vs Skydo: What's best for Indian exporters in 2026?
- Skip the hidden 0.5% to 2% FX markup users report
- Flat fee at every size vs PingPong's 1% fee that scales with invoice value
- Instant FIRA, eBRC and GST invoicing built in
- Built for India, trusted by 30,000+ businesses
Over $1B processed • Trusted by 30,000+ businesses • Licensed by RBI
Accept payment from 150+ countries
USA
Client pays
50010K50K100K
1 USD = 83.500 INR
Live FX rate · Updated now
You'll receiveINR
₹ 4,15,079
₹ 4,08,158You lose:1.7%
₹6,920 more received via Skydo
PingPong 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 | ~$150-300 (1% flat on withdrawal) | $29 flat fee |
| Forex markup | 0.5% to 2% reported, not publicly disclosed | Live mid-market rate, 0% markup |
| Compliance | ||
| FIRA | Free, automatic for every transaction | Instant, free, per-transaction |
| eBRC | Not publicly disclosed | Automated for Amazon Global Selling |
| GST invoicing | Not available | Built-in GST compliant invoicing |
| RBI authorization | Liaison office, not PA-CB | Full PA-CB authorization |
| Payment & experience | ||
| Settlement to bank | Next business day after withdrawal | Within one business day |
| Customer support | Dashboard live chat and account manager, not India-based | India-based WhatsApp, email, phone |
| Founded | 2015, New York, United States | 2022, Bengaluru, India |
PingPong vs Skydo: Pricing and Forex
See what a typical invoice actually costs on PingPong versus Skydo's one flat fee at the live mid-market rate.
You're receiving🇺🇸$
Converted to🇮🇳INR
Amount received$5,000.00
Transfer fee (1%)-$50.00
Amount after fees$4,950.00
FX rate applied0.5-2% markup₹82.4563
Converted amount (INR)₹4,08,158
0% FX Markup
Amount received$5,000.00
Platform fee ($29 flat)-$29.00
Fixed fee$0.00
Amount after fees$4,971.00
FX rate appliedLive Mid-Market₹83.5000
Converted amount (INR)₹4,15,079
For every $5,000 invoice, you keep ₹6,920 more with Skydo
Compliance, Payment Rails, and Platform Comparison
Fees matter. So does everything else.
PingPong operates via an RBI-approved liaison office, not a licensed PA-CB
Instant per-transaction FIRA within 24 hours
Free automatic FIRA on every transaction
Automated eBRC, especially for Amazon Global Selling
eBRC support not publicly disclosed
GST-compliant invoice generation built in
GST-compliant invoicing not available
Correct purpose code assignment, full transparency
Skydo provides instant FIRA, eBRC and GST invoicing as standard
SOFTEX / EDPMS handled in compliance workflow
Skydo is RBI-recognised and built for compliance-first exporters, not just marketplace payouts.
Who Should Use PingPong Over Skydo?
PingPong still wins in a few situations. Here are the ones worth knowing.
PingPong is better for
- Marketplace sellers who want direct Amazon, Walmart, Etsy and Shopify payout integrations
- Teams paying suppliers across many countries from the same account
- Sellers who need multi-currency accounts across several marketplaces
- Businesses that want one platform for both receiving payouts and paying out
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 PingPong to Skydo
You don't need to close PingPong 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
PingPong vs Skydo: Frequently Asked Questions
PingPong vs Skydo: which is cheaper for receiving international payments in India?+
Skydo is generally cheaper. Its flat $19 to $29 fee and zero FX markup beat PingPong's 1% fee plus the hidden FX markup users report (0.5% to 2%) on most invoice sizes.
PingPong vs Skydo: which has better forex rates for USD to INR conversion?+
Skydo publishes a zero-markup, live mid-market rate. PingPong doesn't disclose its FX rate, so it can't be directly verified.
Does Skydo provide FIRA and eBRC that PingPong does not offer?+
Skydo provides instant FIRA and automated eBRC as standard. PingPong provides free FIRA but doesn't publicly disclose eBRC support.
PingPong vs Skydo: which is better for Indian IT services and SaaS companies?+
Skydo is built for IT services and SaaS exporters with compliance needs. PingPong is built primarily for e-commerce marketplace sellers.
Can I migrate from PingPong to Skydo without losing existing international clients?+
Yes. Most exporters run PingPong and Skydo in parallel for a few weeks while transitioning clients to new receiving details.
Is Skydo RBI authorized like PingPong for cross-border payments to India?+
Skydo holds RBI PA-CB authorisation directly. PingPong operates through an RBI-approved liaison office rather than a PA-CB licence.
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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