Calculate your extra earning
INR 95,765.20
FX rate
INR 95.7652
FX rate comparison
INR 95,416.40
FX rate
INR 95.4164
Banks
INR 92,580.30
FX rate
INR 92.5803
Why Indian exporters choose Xflow over Skydo?
The wrong payment platform drains your earnings on every invoice.
Cost and Pricing Gaps on Skydo
Skydo charges a flat $29 on invoices between $2K and $10K, which is expensive on smaller invoices and less competitive than Xflow on larger ones. ACH via InstaLinks adds a 2% fee on top of that.
No Guaranteed FX Rate on Skydo
Skydo does not offer a guaranteed FX rate. Xflow locks the live mid-market rate for a 3-hour window, so the rate you see when your client pays is the rate you receive when you settle.
No EEFC Account on Skydo
Skydo does not offer EEFC account support. With Xflow, you can hold forex in an EEFC account and convert when rates suit you, instead of being pushed into INR conversion immediately on receipt.
No Native Zoho Books on Skydo
Skydo has no native Zoho Books integration, so reconciliation requires manual work or third-party tools. Xflow ships native Zoho Books, so every receipt flows straight into your books with tax fields already populated.
No Transfer Pricing Compliance on Skydo
Funded Indian startups need transfer pricing compliance for intercompany invoices with foreign parents and subsidiaries. Skydo does not handle this. Xflow does, built in, with no separate documentation workflow needed.
Xflow vs Skydo: complete breakdown
Strong for mid-range invoices
Flat-fee works well for $2K–$10K invoices. Good India support. Struggles on large enterprise billing.
$29 flat hurts at scale
Best for Indian exporters
EEFC support, no limits, guaranteed FX rate, transfer pricing compliance, and a white-label platform API.
Recommended for IT exporters
Feature | Skydo | Xflow |
|---|---|---|
FX Markup | 0% | 0% |
FIRA | Free | Free |
Invoice / Payment Limit | ₹25,00,000 limit | No limit |
Settlement Speed | 1 business day | 1 business day |
Guaranteed FX Rate | Not available | Available |
Currencies Supported | USD, EUR, GBP, AUD, CAD + more | 25+ incl. AED, SGD, HKD, CHF |
Ability to hold foreign currency | Not available | Available |
Zoho Books Integration | Available | Available |
FX AI Analyst | Not available | Available |
RBI / FEMA Compliance | PA-CB licensed | PA-CB licensed |
Invoice Generator | Included | Included |
India-Based Support | WhatsApp + email | Dedicated India onboarding team |
Choose the plan that fits your business
Compare percentage-based pricing across invoice sizes and see how Xflow stacks up.
Flat-Tier Model
Ideal for invoices from
$2,000 – $10,000
Flat fee becomes costly on small invoices and less competitive above $3K
| Invoice value | Fees |
|---|---|
| Upto $2000 | $19 flat + Free eFIRA |
| $2,001 – $10,000 | $29 flat + Free eFIRA |
| Above $2001 | 0.3% + Free eFIRA |
Flat-Tier + Percentage Model
Ideal for invoices from
$500 – $500,000+
Any invoice size, any Indian entity type — no caps, no restrictions
| Invoice value | Fees |
|---|---|
| Upto $2000 | $12 flat + Free eFIRA |
| Above $2,000 | 0.6% + Free eFIRA |
| Above $100,000 | Custom rate + Free eFIRA |
What our users say
Xflow’s product has added tremendous value to our customers by simplifying cross border payments and helping save costs. The integ
Tej Mulgaonkar
Director
Xflow helps me collect payments from customers across multiple countries. With Xflow, global payments are simplified and reconcile
Varun
Co-founder
Xflow has helped us improve collections by making it easy for my customers to pay using their local payment methods
Hemant Kumar
WeWork India
I manage my forex operations and hence it was important for me to find a payments partner who could settle into my EEFC account. X
Dhruv
Founder
Xflow has made it super simple for us to go live with Inkle’s specific cross-border payment use case (intercompany transfer pricin
Anand Krishna
CEO & Founder
Xflowpay has built very powerful, robust, and flexible APIs that any organisation can easily consume to launch cross border paymen
Pranav
Head of Forex
I am able to collect payments for invoices to overseas customers seamlessly using Xflow. My customers in US are also able to pay m
Binu
Founder
Xflow's cross-border payment solution complements our core neobank offering. We love the white-labelled nature of the product. We
Saurabh
Founder
Getting started on Xflow was easy - KYC was simple and I could start transacting in less than 24 hours. Now that we have used Xflo
Sandeep
Founder
We leverage Xflow to help our customers collect >$10,000 invoices. We draw a lot of comfort from the fact that Xflow has partnered
Saurabh
Founder
With Xflow, we found a convenient, compliant, cost-effective payment provider to bring funds into India under transfer pricing. Th
Sunil
Founder
Xflow’s product has added tremendous value to our customers by simplifying cross border payments and helping save costs. The integ
Tej Mulgaonkar
Director
Xflow helps me collect payments from customers across multiple countries. With Xflow, global payments are simplified and reconcile
Varun
Co-founder
Xflow has helped us improve collections by making it easy for my customers to pay using their local payment methods
Hemant Kumar
WeWork India
I manage my forex operations and hence it was important for me to find a payments partner who could settle into my EEFC account. X
Dhruv
Founder
Xflow has made it super simple for us to go live with Inkle’s specific cross-border payment use case (intercompany transfer pricin
Anand Krishna
CEO & Founder
Xflowpay has built very powerful, robust, and flexible APIs that any organisation can easily consume to launch cross border paymen
Pranav
Head of Forex
I am able to collect payments for invoices to overseas customers seamlessly using Xflow. My customers in US are also able to pay m
Binu
Founder
Xflow's cross-border payment solution complements our core neobank offering. We love the white-labelled nature of the product. We
Saurabh
Founder
Getting started on Xflow was easy - KYC was simple and I could start transacting in less than 24 hours. Now that we have used Xflo
Sandeep
Founder
We leverage Xflow to help our customers collect >$10,000 invoices. We draw a lot of comfort from the fact that Xflow has partnered
Saurabh
Founder
With Xflow, we found a convenient, compliant, cost-effective payment provider to bring funds into India under transfer pricing. Th
Sunil
Founder
Xflow is built for India and engineered for growth
Features other platforms don't offer - Xflow is built for Indian businesses from day one.
Guaranteed Live FX Rate
Unique to Xflow Your rate is locked for 3 hours after your client pays. You know the exact INR before you convert.
FX AI Analyst
Unique to Xflow, An AI-powered assistant that helps you decide when to convert based on market conditions.
Ability to hold funds
Unique to Xflow Hold your foreign earnings in USD, GBP, or EUR. Convert when the rate works in your favour.
Local payment rails
Your overseas clients pay like a local bank transfer, ACH in the US, SEPA in Europe, CHAPS/BACS in the UK. Faster, cheaper, without the SWIFT friction.
Fully compliant infrastructure
ISO 27001 + SOC 2 certified. Zero upper limit on transfer size. Enterprise-grade security without enterprise complexity.
Free FIRA
Auto-generated within 24 hours for every transaction. No follow-up calls, no extra charges, no delays before your audit.
- 01Exchange rate markups Banks add a 2-4% markup over the mid-market rate; fintech platforms typically charge 0.5-1%. On large or recurring transfers, this gap has a real impact on how much the recipient receives. Look beyond the advertised fee and compare the actual exchange rate on offer.
- 02Transfer fees Per-transfer fees vary widely across providers, from nothing to $30 or more. A zero-fee provider isn't always cheaper as the cost is often built into a less competitive exchange rate. Compare the full picture: fee and FX spread combined.
- 03Processing time Bank wires take 2-5 business days. Fintech platforms usually settle within 1-2 business days, and some offer same-day delivery for Canada to India transfers. Check the estimated delivery window before you send.
- 04Tax rules for senders and receivers Tax rules vary on both ends of a transfer. Canada does not tax outward transfers at source, but cross-border payments may have GST/HST implications depending on the nature of the transaction. On the receiving end, inward remittances into India are not taxable as income and recipients are not subject to TCS.
- 05Sending limits and KYC Canada has no hard cap on outward international transfers, but transactions above CAD 10,000 must be reported to FINTRAC under Canada's anti-money laundering rules. All regulated platforms require identity verification before processing. Have a government-issued ID and proof of address ready.
- 06Banks vs fintech platforms Canadian banks charge high FX markups on top of wire fees, and additional deductions from correspondent banks can further reduce what arrives in India. Fintech platforms offer tighter spreads and transparent fees, so more money reaches the recipient.
Who Is Xflow Built For?
Feature | ||
|---|---|---|
IT / IT Service Exporters | ||
Skydo's $29 flat fee compounds quickly when billing multiple $5K to $10K invoices monthly across different clients. | 0.6% flat fee with no FX markup. A $50,000 invoice costs $300, nothing more. | |
Skydo has no EEFC support, so every receipt converts to INR immediately with no option to wait for a better rate. | 1-day INR settlement. Project revenue lands faster every cycle. | |
Skydo has no transfer pricing compliance, which is a requirement for ITES companies with a global HQ structure. | Free eFIRA auto-issued within 24 hours. No bank follow-ups before compliance audits. | |
Skydo has no native accounting integration, so reconciliation across high invoice volumes is always manual. | EEFC account. Hold USD or GBP and convert when FX is in your favour. | |
SaaS & Startups | ||
Skydo's flat fees compound fast across monthly recurring invoices, especially for early-stage SaaS with high transaction frequency. | 0.6% flat fee. Predictable cost that scales cleanly with ARR. | |
Skydo has no transfer pricing compliance for funded startups with a global HQ structure. | 1-day INR settlement. Subscription revenue lands predictably every cycle. | |
Multi-currency receivables have no hold option on Skydo. Everything converts to INR immediately. | Free eFIRA per transaction within 24 hours. Subscription billing stays audit-ready automatically. | |
Skydo has no native accounting integration, which means FIRA reconciliation across subscription billing cycles is manual. | EEFC account. Hold foreign currency across billing cycles and convert at the right moment. | |
Freelancers & Agencies | ||
Skydo's $19 flat fee makes invoices below $2,000 disproportionately expensive. A $500 invoice costs $19, which is 3.8%. | 0.6% flat fee. More of every invoice reaches your bank account. | |
Skydo has no EEFC accounts, so freelancers who want to hold USD or GBP and time conversion have no option. | 1-day INR settlement. No frozen working capital between invoice and payout. | |
ACH via InstaLinks on Skydo adds a 2% fee on top of the flat charge for US-based clients paying by bank transfer. | Free eFIRA auto-issued within 24 hours. ITR and GST filing without chasing documents. | |
Skydo has no FX rate guarantee, so the INR amount you receive can differ from what you expected at invoice time. | EEFC account support. Hold USD or GBP and convert when the rate suits you. | |
Platforms & Marketplaces | ||
Skydo does not auto-generate eFIRA at the vendor level, which creates compliance risk across the marketplace. | Per-vendor eFIRA auto-generated within 24 hours. Compliance handled at the infrastructure level. | |
Skydo's flat fee structure erodes platform margins as vendor payment volumes grow. | 0.6% flat fee with no FX markup. Platform economics stay clean as volume scales. | |
Frequently asked questions
We're making the headlines
"Xflow, an Indian fintech startup, has secured backing from both Stripe and PayPal Ventures in a $16.6 million funding round. The investment comes as the company works to carve out a position in cross-border B2B payments, a market still dominated by banks and manual processes.
"Xflow, a leading cross-border payments fintech, today announced the launch of its new flexible, flat-fee pricing plans designed specifically for India's small and mid-sized exporters. "
"Indian exporters can now focus on growth while Xflow handles complex payment documentation Bengaluru, Karnataka, India (NewsVoir) Xflow today announced the launch of Compliance Desk, a managed service that allows Indian exporters to outsource the complex compliance requirements tied to cross-border payments.
“Xflow, a Bangalore-based fintech specialising in cross-border payments, has received in-principle approval from the Reserve Bank of India (RBI) to operate as an online Payment Aggregator for Cross-Border transactions. ”
"Xflow, a financial services and infrastructure company, simplifies the cross-border payments experience for businesses.
"Xflow has made it super simple for us, it handled our needs, volumes and edge cases quickly, seamlessly and compliantly," said Anand Krishna, CEO and Founder of Inkle
"Xflow is designed to help businesses send and receive cross-border payments in a compliant and regulatory manner - from freelancers to small and medium enterprises all the way