Does Stripe take a cut
Yes, Stripe takes a cut from every transaction. For payments to India, Stripe typically charges around 3% to 4% plus a fixed fee per transaction, though the exact rate depends on the payment method and currency conversion involved. International card payments often incur higher fees, and currency conversion adds another layer of cost. These charges can add up quickly for freelancers and exporters receiving frequent cross-border payments.
If you're looking for a more cost-effective alternative, Skydo offers significantly lower fees with transparent Stripe pricing comparisons available for reference. As an RBI-authorised platform built specifically for Indian exporters and freelancers, Skydo provides faster transfers, competitive exchange rates, and straightforward pricing without hidden charges. Many users find they save substantially by switching from Stripe to Skydo for their international payment collections.