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Is Skydo cheaper than Payoneer

Yes, Skydo is generally cheaper than Payoneer for Indian freelancers and exporters. Skydo charges a flat fee per payment: USD 19 plus GST up to USD 2,000, USD 29 plus GST between USD 2,001 and USD 10,000, and 0.3% plus GST above USD 10,000. Payoneer's fees can be higher depending on the currency and transfer method, often ranging from 1% to 3% plus additional withdrawal charges. You can explore a detailed Payoneer pricing comparison to see how costs stack up across different scenarios.

Beyond pricing, Skydo also offers faster settlement times, typically within 1 business day, and provides free same-day IMPS/NEFT/RTGS transfers to your Indian bank account. As an RBI-authorised platform built specifically for Indian exporters, Skydo simplifies compliance and maximises the amount you receive, making it a more cost-effective choice overall compared to Payoneer.

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