How do Wise make money

Wise makes money primarily through its currency conversion markup and transfer fees. When you send money internationally, Wise adds a small margin (typically 0.4% to 0.65%) above the mid-market exchange rate and charges a percentage-based fee on the transfer amount. While this pricing is transparent and often competitive, it can add up for regular or large transactions, especially for Indian exporters and freelancers who need to receive payments frequently. You can compare Wise pricing with other platforms to see how costs stack up.

For businesses receiving cross-border payments regularly, Skydo offers a more cost-effective alternative. As an RBI-authorised platform built specifically for Indian exporters and freelancers, Skydo provides zero-fee international collections with competitive exchange rates, helping you keep more of what you earn without the recurring conversion markups that platforms like Wise charge on every transaction.