Is Skydo cheaper than PayPal
Yes, Skydo is generally cheaper than PayPal for receiving international payments in India. PayPal charges conversion markups that can reach 4% to 5% above the mid-market rate, plus withdrawal fees to move money into your Indian bank account. Skydo, as an RBI-authorised cross-border payments platform, offers more transparent forex rates with lower margins, often saving exporters and freelancers significant amounts on each transaction.
When you compare PayPal pricing with Skydo's structure, the cost difference becomes clear, especially for regular or high-value transactions. Skydo also eliminates withdrawal fees and provides faster settlement times, making it a more cost-effective choice for Indian businesses and freelancers who want to maximize their earnings from overseas clients.