Looking for an alternative to Skydo?

Xflow streamlines international payments by offering simplified onboarding, affordable pricing, fast settlement and no transaction limits on a single invoice.

Xflow payments
Xflow vs Skydo

Feature

Xflow payments
Xflow payments
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No transaction limits
Available
Not Available
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Cost for invoices below $2,000

$12 + GST

$19 + GST

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Cost for invoices above $5,000

$20 + GST

$29 + GST

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Settlement timeline

1 business day

1-2 business days

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INR Guarantee
Available
Not Available
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AI-powered FX Insights
Available
Not Available
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24x7 Withdrawals
Available
Not Available
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Target conversion rate
Available
Not Available
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Supported currencies

25

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Trusted by over 20,000 businesses, startups and freelancers

Top Skydo alternatives: A comparison

Skydo is an India-based fintech helping freelancers collect international payments through flat-fee pricing without charging FX spreads. While Skydo has emerged as a strong alternative to traditional providers, if you’re looking for superior product features, transparent pricing, and faster settlements, Xflow is a strong option. Here’s how the two compare across key parameters.

Lightning-fast onboarding process

Set up your Xflow account easily and start receiving international payments in just a few steps.

Lightning-fast onboarding process

Seamless payment tracking

Stay updated with notifications for incoming payments, and make sure you never miss a step.

Seamless payment tracking

One-click e-FIRA

Access e-FIRA within 24 hours for every withdrawal without any follow-ups.

One-click e-FIRA

Clear breakdown of costs

Get FX linked to mid-market rates and know the exact INR amount you will receive before initiating a settlement.

Clear breakdown of costs

Receive payments from 140+ countries

Enjoy a seamless experience regardless of where your payments are coming from globally.

Receive payments from 140+ countries

Enterprise-grade security

Xflow is ISO 27001 and SOC 2 certified—the gold standard in information security—ensuring safe and secure transactions.

Enterprise-grade security

No limits on payment size

With Xflow, you don’t need to split invoices anymore—simply upload one and collect payments.

No limits on payment size

Transfer pricing solution for funded start-ups

Manage transfers easily between your global HQ to Indian subsidiary at affordable pricing with no hidden costs.

Transfer pricing solution for funded start-ups
How does Xflow compare to other payment solutions?

Feature

Xflow payments

Others

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Save up to 50% on FX fees
Available
Not Available
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No limits on single invoices
Available
Not Available
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1-Day settlements
Available
Not Available
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Cashback on processed funds
Available
Not Available
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Free eFIRA
Available
Not Available

What our users say

Drip Capital

Xflow’s product has added tremendous value to our customers by simplifying cross border payments and helping save costs. The integ

Tej Mulgaonkar

Tej Mulgaonkar

Director

Tealbox

Xflow helps me collect payments from customers across multiple countries. With Xflow, global payments are simplified and reconcile

Varun

Varun

Co-founder

Wework

Xflow has helped us improve collections by making it easy for my customers to pay using their local payment methods

Hemant Kumar

Hemant Kumar

WeWork India

Karbon

Xflowpay has built very powerful, robust, and flexible APIs that any organisation can easily consume to launch cross border paymen

Pranav

Pranav

Head of Forex

Bulkpe

Xflow's cross-border payment solution complements our core neobank offering. We love the white-labelled nature of the product. We

Saurabh

Saurabh

Founder

Drip Capital

Xflow’s product has added tremendous value to our customers by simplifying cross border payments and helping save costs. The integ

Tej Mulgaonkar

Tej Mulgaonkar

Director

Tealbox

Xflow helps me collect payments from customers across multiple countries. With Xflow, global payments are simplified and reconcile

Varun

Varun

Co-founder

Wework

Xflow has helped us improve collections by making it easy for my customers to pay using their local payment methods

Hemant Kumar

Hemant Kumar

WeWork India

Karbon

Xflowpay has built very powerful, robust, and flexible APIs that any organisation can easily consume to launch cross border paymen

Pranav

Pranav

Head of Forex

Bulkpe

Xflow's cross-border payment solution complements our core neobank offering. We love the white-labelled nature of the product. We

Saurabh

Saurabh

Founder

How Skydo compares to other payment solutions?

Skydo vs Wise

Wise (formerly TransferWise) is a global platform that allows users to hold and manage accounts in over 50 currencies. It provides currency conversion at mid-market rates without additional markup and offers digital FIRAs for Indian businesses, but it charges varying eFIRC fees

Skydo v/s Payoneer

Skydo and Payoneer are both platforms designed to facilitate international payments, each catering to different user needs. Payoneer is a global platform that offers multi-currency accounts, enabling users to hold and manage over 70 different currencies. It provides currency conversion at the mid-market rate without any additional markup. Additionally, Payoneer offers digital FIRAs for Indian businesses, although there is an eFIRC fee that varies depending on the currency.

Got questions? We've got answers

Xflow offers a well-defined infrastructure for international business payments–seamless transactions, 1 business day settlements and transparent pricing. Compared to other financial service providers, Xflow provides no transaction limits on a single invoice, zero per cent FX margin and transfer pricing for funded startups. Additionally, Xflow ensures e-FIRA availability on every withdrawal within 24 hours, making it perfect for businesses managing global payments.

Xflow allows businesses to receive payments from 140+ countries through a smooth and flexible international payment experience. It supports settlements over $10,000 in a single invoice. It also allows flexible withdrawal of funds.

No, Xflow follows a transparent pricing model. FX rates are linked to mid-market rates, and users can see the exact INR amount they will receive before initiating a settlement. Additionally, there are no hidden costs for funded startups transferring funds between their global HQ and Indian subsidiaries.

Yes, Xflow makes sure that you have enterprise-grade security with ISO 27001 and SOC 2 certifications. Banking-Grade Security: We collaborate with top-tier banks, ensuring the highest levels of fund protection. Our banking partners regularly oversee us to maintain the highest operational standards.

Skydo converts payments at live forex rates with no markups. However, a flat fee applies: • For a $1,000 payment, the applicable fee is $19. • The amount you receive will be $1,000 - $19 = $981, converted at the live forex rate.

The best option depends on your specific needs: • Skydo is ideal for businesses receiving large international payments, thanks to its flat fee structure and no forex markups. It also provides free, instant e-FIRA for regulatory compliance. • Wise is better for smaller transactions due to its mid-market exchange rates, but it has variable fees (1.6%-1.8%) that can be costlier for high-value payments. Wise also charges extra for FIRA and may have slower customer support.

Xflow provides more flexibility for high-value transactions and faster access to funds: • Flat ~1% fee – Transparent pricing with no hidden forex markups. • Enterprise-grade security – ISO 27001 and SOC 2 certified for maximum security. • Better pricing for large transactions – Xflow offers customized, upfront pricing with no tiered or variable fees, ensuring cost predictability for high-value payments. • Transfer pricing compliance – Simplifies cross-border tax regulations for funded startups and IT/ITES companies, reducing audit risks. • JP Morgan-backed security – Ensures secure transactions, faster settlements, and global reliability. • Local payment support – Enables clients to pay via their preferred local banking networks, such as ACH in the US, for smoother transactions.