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Skydo description
Skydo is a financial technology platform designed for Indian exporters. It simplifies international business payments by providing low-cost transfers and local receiving accounts in multiple currencies. Key features include transparent flat fees, instant payment tracking, and integration with popular platforms. This makes receiving and managing international payments easier for businesses.
Who is Skydo best for
Skydo helps Indian exporters simplify cross-border payments with low-cost transfers and multi-currency accounts. It offers transparent fees, instant tracking, and integration with common platforms. This makes managing international transactions easier, especially for SMBs dealing with diverse payment needs.
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Best for small to medium-sized businesses (1-1000 employees) seeking cost-effective international payment solutions.
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Ideal for Indian exporters in various sectors, particularly e-commerce, finance, and IT.
Skydo features
| Supported Skydo allows tracking invoice status, including viewed and paid status. |
| Supported Skydo lets you create, send, and track invoices, including payment reminders. |
| Supported Skydo supports payments and payouts in multiple currencies like USD, EUR, and others. |
Skydo pricing
The commentary is based on 2 reviews from Skydo G2 reviews.
Skydo offers transparent flat fees for international business payments with no hidden charges. Payments above USD 100K/month have custom pricing available.
Users sentiment
See the Skydo pricing page.
Up to USD 2,000
For payments up to USD 2,000.
USD 2,001 to USD 10,000
For payments of USD 2,001 to USD 10,000.
Above USD 10,000
For payments above USD 10,000.
Skydo alternatives
VertoFXBetter suited for global businesses. Has faster website traffic growth. Offers online payments and ACH payments. Some users mention difficulty with customer interactions and documentation requirements. Rated 4.3/5 on Glassdoor. A strong Skydo competitor and VertoFX alternative.Read more
HitPayBetter for accepting in-person payments and managing sales channels. Caters to businesses in the Asia-Pacific region. Has faster website traffic growth but slower employee growth. Users praise its ease of use and integrations, but report issues with account closures and customer support. A Skydo alternative and competitor.Read more
ThunesBetter suited for global businesses needing broader currency and country coverage. Caters to a wider range of industries and business sizes. Has more momentum based on website traffic data.Read more
PayhawkBetter suited for larger companies with more complex financial operations. A Payhawk alternative for companies focused on Indian exporting. Payhawk is a global solution, unlike Skydo's India-focused approach.Read more
MobileWareBetter suited for financial institutions looking to enhance their existing digital payment infrastructure. Caters to a broader audience beyond exporters.Read more
XeroBetter for general accounting purposes. Broader industry fit. More established, with generally positive user reviews, but some dislike recent pricing changes and invoicing system updates. Not specifically designed for international transactions or exporters.Read more
Skydo FAQ
What is Skydo and what does Skydo do?
Skydo is a fintech platform simplifying international payments for Indian exporters. It offers low-cost transfers, local currency accounts, transparent fees, instant tracking, and platform integrations. This streamlines receiving and managing payments, especially for small to medium businesses.
How does Skydo integrate with other tools?
Skydo integrates with popular platforms, simplifying international business payments and management. It allows for seamless invoice tracking, creation, and payment reminders, enhancing the efficiency of financial operations for exporters.
What the main competitors of Skydo?
Skydo's main competitors include VertoFX, HitPay, and Thunes, all offering international payment solutions. Other alternatives, like Payhawk, focus on broader financial management, while MobileWare targets Indian payment systems, and Xero specializes in accounting software.
Is Skydo legit?
Skydo appears legitimate, offering transparent fees and helpful features like instant payment tracking and multi-currency support. Consider exploring user reviews as you research to ensure it's the right fit for your exporting needs. Look into alternatives like VertoFX and HitPay for comparison.
How much does Skydo cost?
I cannot find pricing information for Skydo. Contact Skydo directly to determine product pricing and if it is worth the investment for your business.
Is Skydo customer service good?
Customers praise Skydo's supportive and patient customer service team, highlighting Shivansh and Rishabh for their excellent assistance. Users are very satisfied with the platform and haven't reported any significant negative experiences.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.