Question 1

How do you calculate the 'You should ask for' amount?

Accepted Answer

To receive a specific INR amount after all Stripe fees, divide your target INR amount by Stripe's marked-up exchange rate, then divide by (1 - 0.06). For example, to receive ₹4,00,000 in hand, you would need to invoice approximately ₹4,25,500–₹4,33,000 worth in the client's currency, depending on the exchange rate applied.

Question 2

What percentage does Stripe take?

Accepted Answer

Stripe charges a 4.3% card fee on international payments received in India. Stripe also applies an additional ~2% forex conversion markup when settling funds in INR, along with 18% GST on its fees. The real percentage Stripe takes is typically more than 6% of your total invoice value.

Question 3

Is Stripe available for freelancers and individuals in India?

Accepted Answer

Stripe in India is invite-only and primarily designed for registered businesses accepting international card payments. Many freelancers and small exporters may not be able to onboard easily depending on their business structure and use case.

Question 4

What is the Stripe fee for international payments?

Accepted Answer

Stripe India charges a 4.3% card fee. In addition to this, Stripe also applies an approximate 2% forex conversion markup while settling funds in INR, taking the total cost to more than 6% of the invoice value in many cases. There is 18% GST on top of these charges.

Question 5

Can I pass Stripe fees on to the customer?

Accepted Answer

Surcharging international card fees is not always practical for Indian businesses accepting overseas payments. In most cases, businesses either absorb the 4.3%+ cost into their pricing or switch to lower-cost bank-transfer-based collection methods like Skydo.

Question 6

Do Stripe fees change based on invoice value?

Accepted Answer

Stripe India charges the same 4.3% transaction fee regardless of invoice size. Unlike some other markets where lower volume-based pricing may be available, Indian businesses typically do not get lower rates as payment volumes increase.

Question 7

What happens to Stripe fees if I issue a refund?

Accepted Answer

If you refund a payment, Stripe returns the transaction amount to the buyer but does not return the original processing fee or currency conversion charges. On a $1,000 refund, you would lose around $63 in original processing and forex conversion charges.

Question 8

How much is the Stripe fee for $100?

Accepted Answer

On a $100 international payment received in India, Stripe's 4.3% transaction fee comes to $4.30. Once the additional ~2% forex conversion markup and 18% GST on fees are included, the total cost is typically around $7 depending on the exchange rate used for INR settlement.

Question 9

How is Skydo different from Stripe for receiving international payments?

Accepted Answer

Skydo offers 0% FX markup, a flat platform fee ($19–$29 or 0.3%), 1 business day settlement, automated GST-compliant FIRA, and dedicated India-based support. Since Skydo uses a flat-fee model, the GST charged does not scale up with larger invoice values like percentage-based platforms. Skydo is authorised by the RBI under the PA-CB framework.

Question 10

Does Stripe charge GST on its fees in India?

Accepted Answer

Yes. Stripe charges 18% GST on its processing fees for Indian businesses. Since Stripe's fees are percentage-based, the GST amount also increases as your invoice value increases, unlike flat-fee platforms where GST applies only on a fixed charge and does not compound with larger payments.

Stripe Fee Calculator For India

How Do Stripe Fees Actually Work for Indian Businesses?

Fee Breakdown on $5,000.00

How Can You Reduce Stripe Fees on International Payments to India?

Save up to ₹3,44,230 annually by switching from Stripe to Skydo!

See How Customers Save More with Skydo

Frequently Asked Questions