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Is Skydo cheaper than Wise

Yes, Skydo is generally cheaper than Wise for Indian exporters and freelancers receiving international payments. Wise charges a percentage-based fee (typically 1% to 3% depending on the currency and payment method) plus conversion markups, while Skydo charges a flat USD 19 or USD 29 plus GST per payment up to USD 10,000, and just 0.3% plus GST above that, alongside highly competitive forex rates. The total cost of receiving payments through Skydo often works out lower, especially for larger transactions where percentage-based fees add up quickly.

You can see a detailed Wise pricing breakdown to understand exactly how the two platforms compare across different currencies and amounts. Skydo is RBI-authorised and built specifically for Indian businesses, offering faster settlement times alongside the cost advantage, making it a more economical choice for cross-border collections.

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