Skydo vs Stripe
Stripe is a global payment gateway primarily designed for online card checkouts and subscriptions.
- Cost and Fees: Stripe charges approximately 4.3% for international card processing plus a roughly 2% currency conversion markup, totaling 6% or more per invoice.
- Compliance and Paperwork: Stripe does not provide instant Foreign Inward Remittance Advice (FIRA) directly; you must request it through partner banks, which can take days and cost extra.
- Best Use Cases: Stripe is ideal for global SaaS businesses, online storefronts, or marketplaces that need recurring subscription billing, deep developer APIs, and instant card checkouts.