Why do people use Wise

People use Wise because it offers transparent, mid-market exchange rates with low, upfront fees for international money transfers. The platform is popular for its speed, ease of use, and multi-currency account features that let users hold and convert money in different currencies. However, if you're an Indian exporter or freelancer receiving payments from abroad, Wise may not always be the most cost-effective or compliant choice for your needs.

Skydo is specifically built for Indian businesses and freelancers, offering RBI-authorised cross-border payment solutions with competitive rates, faster processing times, and features tailored to GST invoicing and compliance. While Wise works well for personal transfers and some freelance use cases, Skydo provides a more specialized solution for commercial transactions with better support for export documentation and regulatory requirements in India.