Revolut vs Skydo: What's best for Indian exporters in 2026?
- Revolut Business isn't open to Indian companies
- Flat fee vs a product exporters can't access at all
- 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
Revolut 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 | N/A — Revolut Business is not available in India | $29 flat fee |
| Forex markup | N/A (no India service) | Live mid-market rate, 0% markup |
| Compliance | ||
| FIRA | Not offered | Instant, free, per-transaction |
| eBRC | Not supported | Automated for Amazon Global Selling |
| GST invoicing | Not available | Built-in GST compliant invoicing |
| RBI authorization | PPI & AD-II only, no PA-CB | Full PA-CB authorization |
| Payment & experience | ||
| Settlement to bank | N/A — no India settlement path | Within one business day |
| Customer support | Sender-side chat only, no India desk | India-based WhatsApp, email, phone |
| Founded | 2015, London, United Kingdom | 2022, Bengaluru, India |
Compliance, Payment Rails, and Platform Comparison
Fees matter. So does everything else.
No FIRA path since India licences don't cover exports
Instant per-transaction FIRA within 24 hours
No eBRC; there's no export-receiving product at all
Automated eBRC, especially for Amazon Global Selling
No GST invoicing built for Indian exporters here
GST-compliant invoice generation built in
No purpose-code handling since no product exists
Correct purpose code assignment, full transparency
SOFTEX and EDPMS not applicable here at all
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 Revolut Over Skydo?
Revolut still wins in a few situations. Here are the ones worth knowing.
Revolut is better for
- Companies incorporated abroad wanting interbank FX
- Teams needing corporate cards elsewhere
- Businesses fine without India-specific compliance
- Not usable for India-incorporated exporters
- When your entity is already eligible
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 Revolut to Skydo
You don't need Revolut at all to start with Skydo, since Revolut Business isn't available to Indian companies in the first place.
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
Revolut vs Skydo: Frequently Asked Questions
Revolut vs Skydo: which is cheaper for receiving international payments in India?+
Skydo is cheaper by default here, since Revolut Business cannot be opened by an India-incorporated company at all. There's no fee comparison to make, because Revolut simply isn't a usable option for receiving international payments into an Indian bank account.
Revolut vs Skydo: which has better forex rates for USD to INR conversion?+
This comparison doesn't really apply, since Revolut Business cannot be opened by an India-incorporated company. Skydo applies the live mid-market rate for Indian exporters, but there's no Revolut India rate to compare it against, because the account isn't available here.
Does Skydo provide FIRA and eBRC that Revolut does not offer?+
Yes. Skydo provides both FIRA and eBRC automatically for every transaction, built specifically for Indian exporters. Revolut cannot offer either in India, since its India entities hold only PPI and AD-II licences, neither of which covers export receiving or compliance documentation.
Revolut vs Skydo: which is better for Indian IT services and SaaS companies?+
Skydo, since Revolut Business isn't available to India-incorporated companies at all. IT services and SaaS exporters need an account they can actually open, with FIRA and eBRC handled automatically for them, which is exactly what Revolut cannot offer in India today.
Can I migrate from Revolut to Skydo without losing existing international clients?+
There's nothing to migrate from, since India-incorporated companies cannot open a Revolut Business account in the first place. You can simply create a Skydo account directly; your international clients only need updated payment details, not any explanation of a switch.
Is Skydo RBI authorized like Revolut for cross-border payments to India?+
No. Skydo is built specifically for Indian exporters with RBI-aligned compliance and automatic FIRA and eBRC. Revolut holds no RBI PA-CB or AD Category-I authorisation in India; its only India licences (PPI, AD-II) don't cover cross-border export receiving at all.
Bengaluru, Karnataka
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